Africa's Aviation Sector Takes Off, Set to Create Jobs and Boost GDP
Africa's aviation sector is poised for growth, with the International Air Transport Association (IATA) estimating it supported $75 billion in economic activity and 8.1 million jobs in 2025. The continent is pushing for liberalization, with 38 African Union member states committed to the Single African Air Transport Market (SAATM).
The SAATM, launched in 2018, has seen significant progress. It aims to boost intra-African air travel and has already led to the development of 108 new routes. Countries like South Africa and Eswatini have signed bilateral air service agreements aligned with SAATM objectives, promoting regional integration and enhanced connectivity.
Liberalized markets could create more than half a million jobs and add nearly $4 billion to Africa's GDP, according to a 2021 IATA report. However, challenges persist, including high costs, infrastructure issues, regulatory constraints, and safety concerns. A $25 billion funding gap is projected by 2040.
Despite these hurdles, Africa's aviation sector is expanding. Ethiopian Airlines is seeking investors for its $10 billion 'mega airport' project in Addis Ababa, initially hosting 60 million passengers, the largest on the continent. The first Global Perspectives live event, exploring Africa's role in a changing world, will take place in London on November 3, 2025.
Africa's aviation sector is crucial for economic growth and job creation. With the SAATM gaining traction and ambitious projects like Ethiopian Airlines' 'mega airport', the continent is moving towards a more connected future. However, addressing challenges and ensuring affordability for the average African, with a GDP per capita of around $2,885, will be key to unlocking the sector's full potential.