Finance

McDan to revive defunct Black Star Line

BSL, founded by Ghana’s first President Osagyefo Kwame Nkrumah, was a top African freight forwarding service provider for several years. However, the company eventually became defunct as its operations came to a halt.

Under McKorley’s leadership, the McDan Group is poised to breathe new life into the BSL, leveraging its newly acquired assets to improve operations and reinstate the company’s status as a leading player in the industry.

The move, which aligns with plans to tap into opportunities within the shipping industry and the African Continental Free Trade Area (AfCFTA) agreement, comes more than a year after it launched its first private jet terminal at Accra’s international airport, Ghana’s capital city.

Daniel McKorley, CEO of the McDan Group of Companies, voiced concerns about the lack of a shipping line in any African country and emphasized the importance of investment safety and security in the maritime domain.

As a stakeholder in the maritime domain, the safety and security of investment are of utmost importance to Daniel McKorley. He emphasized the need for comprehensive policies and arrangements to address identified threats, which he believes would encourage investors to make more investments.

McKorley is a well-known businessman and the founder and CEO of the McDan Group of Companies, an Accra-based transportation and logistics group with three divisions: McDan Shipping, McDan Aviation, and McDan Logistics.

Aside from its core operations in Ghana, the group maintains active operations and an extensive presence in West African countries such as Sierra Leone, Liberia, and Equatorial Guinea through its broad interests in shipping, logistics, and aviation.

 

Source: billionaires.africa

 

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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