# Green Africa Airways

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/green-africa-airways

- Industry: Transportation Services
- Headquarters: Lagos, Nigeria
- Website: www.flygaa.com
- Latest round: Series A (Jul 2, 2018)
- Investors on record: 1

## About

Green Africa Airways is a Nigerian airline specializing in domestic air travel, focusing on affordable and efficient services connecting major cities such as Lagos and Abuja.Founded in 2014 and headquartered in Lagos, Nigeria, Green Africa Airways offers domestic flight solutions to enhance travel connectivity within the country. The company was co-founded by Babawande Afolabi, Emmanuel Oladayo, and Taiwo Afolabi, with Babawande Afolabi serving as CEO. In July 2018, the airline successfully raised Series A funding led by Kuramo Capital, marking a significant milestone in its growth trajectory.Green Africa Airways Limited specializes in air travel solutions, primarily offering domestic flight services aimed at connecting key Nigerian cities, including Lagos, Abuja, Benin, and Akure. The airline's core product is its range of scheduled flights designed to facilitate both business and leisure travel, providing passengers with options for one-way and round-trip bookings. The company positions itself as a user-friendly airline that enhances the travel experience through essential site functionality and personalized content, catering to customers who value convenience and efficiency. Green Africa aims to address the growing demand for accessible and affordable air transport within Nigeria's expanding travel market. The airline's services target a broad client base, including individual travelers, families, and business professionals, predominantly within the Nigerian market and potentially extending to the broader West African region.Green Africa Airways generates revenue primarily through ticket sales for its flight services. The company employs a direct-to-consumer transaction structure, whereby travelers purchase tickets for their desired flights through the airline's website. Ticket pricing is determined by various factors, including route, date, and class of service, ensuring that customers have options that suit their travel needs and budgets. Additionally, revenue may be bolstered by ancillary services, which could include baggage fees, in-flight sales, and potential partnerships with travel-related businesses. Although specific pricing plans are not detailed, the airline is focused on providing competitive rates that reflect the quality of its offerings and the value it delivers to its passengers.Looking ahead, Green Africa Airways plans to introduce new flight routes in the West African region, aiming for expansion by 2025. The recent Series A funding raised in July 2018 will be utilized to enhance operational capabilities and support marketing initiatives to attract a broader customer base. The company is strategically positioning itself to meet the increasing demand for reliable air travel options across Nigeria and beyond.

## Funding rounds

- Series A, Jul 2, 2018 — Kuramo Capital Management

## Investors

- Kuramo Capital Management (https://capitalatlas.ai/funds/kuramo-capital-management) — Series A