Ghana Airport Cargo Centre Limited

ghana cargo centre

In brief

The project includes a new Kotoka International Airport, Accra cargo hub. The new cargo hub consists of a state-of-the-art cargo handling warehouse and an office building with over 5,500 sqm of modern office space. Swissport International operates the cargo warehouse through a joint venture company between Swissport International and the Ghanaian project company called Swissport Ghana. The office building will answer to a strong demand for high-quality office space in the airport area by local and international companies operating in the cargo and airline sector. This agreement consists of additional financing of USD 1 million for the original project, starting in 2014.

Main development impact

As of December 2016, Swissport Ghana employed 90 employees, all recruited locally and trained by Swissport International. As handling activities grow, significant additional recruitments are expected.

Investment details

Name: Ghana Airport Cargo Centre Limited
Project number: 80000066
Region: Africa
Country: Ghana
Sector: Other sector
Signing date (month/year): December 2016
Currency: USD
Finnfund's financing (commitment): 1,000,000
Size of the project financing: USD 32,900,000
Share of Finnfund's financing (%): 3 %
Status: Active

Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year.

Other investments

Name Country Signing date (month/year) Currency Finnfund's financing (commitment) Instrument
Ghana Airport Cargo Centre Limited Ghana 2014
December

Key facts

Name:

Ghana Airport Cargo Centre Limited

Sector:

Other sector

Region:

Africa

Country:

Ghana

Currency:

USD

Finnfund's financing (commitment):

1,000,000

Signing date (month/year):

December 2016

Last update:

May 2019