Africa’s air cargo market set for 50% growth amid AfCFTA integration

Africa’s air cargo market is on an upward trajectory, fueled by the integration of 1.3 billion people under the African Continental Free Trade Area (AfCFTA) and a projected 50 per cent increase in transport demand. The latest statistics reveal a 6 per cent growth in air cargo traffic in 2024, with Jomo Kenyatta International Airport (JKIA) in Kenya handling a substantial 112,000 tons in the first quarter alone. Sanjeev Gadhia, the CEO of Astral Aviation Ltd., a leading cargo airline based in Nairobi, Kenya, provided valuable insights into the booming air cargo industry in Africa. Gadhia highlighted the pivotal role of AfCFTA in driving growth, underlining the region's potential as a key player in the global air transport sector. Discussing the implications of this growth, Gadhia emphasized the importance of leveraging technological advancements and infrastructure development to meet the evolving demands of the market. He also shed light on the opportunities and challenges facing air cargo operators in Africa, stressing the need for collaboration and innovation to capitalize on the continent's economic potential. As the air cargo market in Africa continues to expand, stakeholders must navigate regulatory complexities and logistical hurdles to ensure seamless operations. With the right strategies and investments, the region stands to benefit from increased trade, job creation, and economic growth. Overall, the outlook for Africa’s air cargo market is promising, with forecasts pointing to sustained growth and enhanced connectivity across the continent. By harnessing the power of AfCFTA and embracing innovation, African countries can unlock new opportunities in the global supply chain ecosystem.