GACL earmarks GH¢30m dividend for government, first in 19 years

The Ghana Airports Company Limited (GACL) has designated GH¢30 million for a dividend to the government, marking its first such payment since the company's inception in 2007. Managing Director Yvonne Afriyie Opare disclosed this decision during GACL's 11th Annual General Meeting, where she presented the company's financial report for the fiscal year ending December 31, 2025.

Opare explained that this is the first dividend payment since the company's establishment, as domestic operations and the maintenance of regional airports are not yet profitable. Despite this, GACL reported a 6% increase in passenger traffic to 3.6 million from 3.4 million in 2024, a 2.2% rise in aircraft movements to 47,270, and a 4.8% increase in cargo volumes to 44,826 tonnes.

The company's profit for the year reached GH¢354.6 million, up from GH¢336 million the previous year. The GH¢30 million dividend is a significant milestone for GACL, demonstrating its ability to return value to its sole shareholder while funding essential aviation infrastructure across Ghana. The company has also secured approval to restructure and refinance its syndicated loan, extending the repayment period by eight years and providing a one-year grace period on principal payments, which will help GACL manage cash flow and fulfill its investment commitments.