CIVIL AVIATION

  • Passenger traffic growth of African carriers has been volatile and consistently lower than the world average growth
  • Top 10 States in Africa account for the majority of the international passenger traffic carried by African carriers.
  • Currently in Africa, 19 States have no international airlines, 22 States have only 1 international airlines, and 4 States have more than 3 international airlines
  • 12 African States do not have international flights served by African carriers, 15 States only have international flights served by African carrier for intra-Africa routes;11 States have more than 20 international destinations served by African carriers, 7 States have more than 60 international destinations, and 4 States have more international destinations outside of Africa than within Africa
  • 35 African States have less than 20 international flights per day while the Top 5 States have over 100 international flights daily
  • 30% of international passengers from Africa travelled through connecting flights, and even 22% of international traffic between African States are connecting flights

The civil aviation industry in Africa has emerged as one of the fastest growing industries in the continent during the last decade and it has potential to grow still. Africa’s aviation industry is currently ranked poorly in comparison the global aviation market.

 The continent has a combined 1700 aircrafts with nearly 450 more aircrafts expected to join the fleet by 2030. This leaves a vast gap for potential revenue that could be gained with more successful aviation operations. It is therefore the goal of Investment Hub to pursue projects that are interlinked to the growth of this industry. Investment Hub will partner with countries that are sanctioning the development of more airports and will assist with funds for struggling aviation start-ups.

This will enable efficient and swift travel passages inter-continentally whilst boasting the economies on the region through an increased GDP as the aviation industry alone has the potential to be the 3rd largest revenue earner on the region.