Africa’s untapped air freight potential

Africa’s untapped air freight potential

By Steven Polmans (pictured below), TIACA Vice Chair and Head of Cargo and Logistics at Brussels Airport Company

The world has an insatiable appetite for Africa’s untapped natural resources, vast supplies of minerals and of course the ever-increasing demand for consumer goods.

Airlines and freight companies know all too well that the potential of Africa is underutilized.

In fact, the business world sees Africa as a new pasture.

An enormous continent with 20% of the world’s surface area and 15% of the global population certainly presents phenomenal opportunities.

According to International Monetary Fund (IMF) data, Sub-Saharan Africa has grown at an annual rate of 4.8% over the last five years, beating other emerging regions like Latin America (3.3%).

That being said, there are still many challenges to translate this economic growth into air cargo growth.

In the recent past, TIACA was present on several events and conferences in Africa, supporting its members as well as the modernization and growth of air cargo in general.

Together with fellow board member Sanjeev Gadhia, CEO of Astral Aviation, and many of our members, I look forward to participating to this event.

STAT Media Times has built a good reputation with successful earlier events.

Our new partner for the ACF, Messe Munich, is now also organizing this event which will for sure result in an even stronger setup for all visitors and participants.