ATE 2026: Why flying within Europe is cheaper than Africa – CEO Wakanow

The Group Chief Executive Officer of Wakanow, Bayo Adedeji, has argued that the high cost of air travel across Africa is driven more by structural challenges than airline greed, saying taxes, fuel costs and government policies are the biggest contributors to expensive airfares. Adedeji made the remarks while speaking at the Africa Technology Expo during a session titled "The Business of Movement: Can Africa Build a Borderless Travel Economy?" He explained that airlines receive only a fraction of the total cost of a flight ticket. "The decouple the cost of flights. 40 per cent goes to airline,