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Alhaji Asoma Banda: A Legacy of Entrepreneurship and Philanthropy

Alhaji Asoma Banda, born in 1933 in Ghana, was a notable entrepreneur and philanthropist. After studying in London, he successfully founded the Antrak Group of Companies, employing over 500,000 people globally. A significant figure in Ghana’s socio-economic development, he founded Antrak Air and supported multiple social initiatives. He passed away recently, leaving behind a legacy of empowerment and community service.

Alhaji Asoma Abu Banda was a prominent Ghanaian entrepreneur, known for his extraordinary contributions to economic growth and philanthropy. Born in June 1933 in Kintampo, Brong Ahafo Region, he undertook his basic education before advancing to London for further studies, obtaining diplomas and completing various courses in Marketing, Management, and Shipping. His family’s business background shaped his early entrepreneurial spirit, leading him to engage in his father’s road transport business from an early age.

Throughout the late 1950s, Alhaji Banda demonstrated his work ethic by transporting cattle from neighboring countries to Kumasi. Seeking to expand his knowledge, he moved to London in 1960 and secured a position as Director with Imperial Chemical Industries. In 1975, he co-founded a shipping business, OT Africa Line, laying the groundwork for the Antrak Group of Companies, which has over 146 branches worldwide, creating countless jobs.

Alhaji Banda played a pivotal role in Ghana’s socio-economic development by establishing Antrak Air, Ghana’s first fully-owned aviation company. His commitment was evident through significant investments in healthcare, such as funding the Korle Bu Teaching Hospital’s maternity wing refurbishment. In partnership with foreign investors, he contributed $10 million to create the Tema Container Terminal, generating local employment opportunities.

His efforts to enhance societal security included founding the Crime Prevention Foundation to support the Ghana Police Service; he also funded the construction of facilities, such as a female cell at Nima Police Station. As an industrious leader, he employed over 3,000 people annually, exemplifying his dedication to empowering communities. His Islamic faith influenced his philanthropic efforts, including the construction of a mosque in the Airport Residential Area.

Alhaji Banda’s exceptional achievements earned him numerous accolades, including being the first African to own a ship and a private aircraft. He received the Companion of the Order of Volta from the Ghanaian government and was honored for his lifetime contributions by the Ghana Shippers Council. His company also won the Best Shipping Line of the World title twice, showcasing his prowess in the maritime industry.

In addition to his business enterprises, he served on several influential boards, including the Council of State and the Ghana Maritime Authority. Politically active, he co-founded the People’s Convention Party and led the formation of the Great Alliance during the 1996 elections. Later, he served as a board member of Ghana Airways and Cal Bank Ltd., and notably held the position of Chancellor at the University of Education, Winneba.

Sadly, reports confirmed that Alhaji Banda passed away, a sentiment expressed by Dele Momodu, who reached out to his family to convey his condolences. His legacy of dedication to service and progress in Ghana remains significant, reflecting the impact he had on countless lives.

Alhaji Asoma Banda was not only a pioneering business figure but also a philanthropist deeply committed to the welfare of his community. His legacy as the first Ghanaian to own a private aircraft, coupled with his substantial contributions to various sectors, underscores his remarkable impact on the nation. His passing marks the loss of a visionary leader who embodied entrepreneurial spirit and social responsibility.

Original Source: www.ghanaweb.com

Lila Chaudhury

Lila Chaudhury is a seasoned journalist with over a decade of experience in international reporting. Born and raised in Mumbai, she obtained her degree in Journalism from the University of Delhi. Her career began at a local newspaper where she quickly developed a reputation for her incisive analysis and compelling storytelling. Lila has worked with various global news organizations and has reported from conflict zones and emerging democracies, earning accolades for her brave coverage and dedication to truth.

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