…… Asset Financing  Provided by Access Bank 

Green Africa, Nigeria’s Lagos-based value airline, has  announced the acquisition of its very first owned aircraft.

The incoming aircraft, an  ATR 72-500 with manufacturer’s serial number 852 and registration mark 5N-GAB,  is expected to enter into service shortly after customary regulatory approvals.

Access  Bank, one of the largest banks in Nigeria and on the continent, provided a Naira debt  facility to partly fund the aircraft acquisition.

Babawande Afolabi, Founder & CEO of Green Africa, said: “We are pleased to  acquire our very first aircraft, another significant milestone for Green Africa.”

“ This  incoming aircraft will be pivotal as we thoughtfully navigate the next phase of our  journey to bring safe, affordable and reliable air travel to a broader group of  customers in the region.”

Roosevelt Ogbonna, Managing Director / CEO of Access Bank, commented: “As one  of the largest and leading financial institutions on the continent, we at Access Bank  take special pride in supporting young businesses that have the potential to redefine  their industries and act as major catalysts for positive impact in their local market and  on the continent at large”

“ We are impressed with the Green Africa story and excited  about the brand’s future trajectory. We are delighted to support the acquisition of  Green Africa’s very first owned aircraft.” 

Green Africa was launched against the backdrop of COVID-19 and entered revenue  service in 2021. Green Africa has since established a strong presence in the domestic  market as one of the most affordable and punctual airlines in the industry.

About Green Africa 

Green Africa is a Lagos-based value airline committed to providing safe, reliable, and  affordable air travel to customers.

Founded with a mission to use the power of air  travel to create a better future, Green Africa continues to make the dream of air travel  possible for a broader group of customers.

Since launching service in 2021, the  Carrier has become known and recognized for its strong track record in on-time  performance and affordability.

Over the coming decade, Green Africa aims to better  connect Nigeria, open up the West African seaboard, and be a significant contributor  to economic development on the continent.