Ghana Airports to pay Government GH¢30m dividend for first time in 19 years
The Ghana Airports Company Limited (GACL) has earmarked GH¢30 million for payment to its sole shareholder, the Government of Ghana, marking the first dividend the company has paid since its establishment in 2007. Managing Director Yvonne Afriyie Opare disclosed this at the company’s 11th Annual General Meeting, where she presented management’s report on operations and […]
The Ghana Airports Company Limited (GACL) has announced its first dividend payment in 19 years, earmarking GH¢30 million for the Government of Ghana. Managing Director Yvonne Afriyie Opare disclosed this during the company's 11th Annual General Meeting. GACL, which operates both domestic and regional airports, has been under financial pressure as many of the regional airports are not yet profitable.
Passenger traffic increased by six percent to 3.6 million in 2025, while aircraft movements rose by 2.2 percent to 47,270, and cargo volumes grew by 4.8 percent to 44,826 tonnes. Profit for the year ended 31st December 2025 was GH¢354.6 million, up from approximately GH¢336 million in the previous year. However, financing costs, particularly on a loan used to construct Terminal 3 at Kotoka International Airport, continue to burden GACL.
The company has secured approval to restructure and refinance its syndicated loan, extending the repayment period by eight years and granting a one-year moratorium on principal payments. This move is aimed at providing the company with more flexibility to manage cash flow and meet investment commitments while ensuring the smooth operation of its airports.
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