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Browsing: African Union
The International Air Transport Association (IATA) highlighted three main priorities that governments in Africa can work on to ensure the survival of African aviation, travel and transport and be able to support economic growth, recovery and development.
IATA highlighted the priorities as: the safe reopening of borders, planning safe restart of operations and the release of committed aid and blocked funds as well as constant financial relief.
IATA noted that in 2020 African airlines received $2.04 billion in government aid which was mostly distributed through cash injections, direct government loans and equity financing. Despite this support, eight airlines in Africa filed for bankruptcy or entered into business administration last year.
In 2020, Air Mauritius (AM) was the first African airline to enter voluntary administration due to the pandemic. South African Airways (SAA) which racked up more than $3.9 billion in debt since 1994 followed as well as South African Express …
The African Union agenda 2063 is on course. After some delays due to covid, the African continental free trade area has become a reality. As part of the free trade area, the African Union passport will be availed this year. The passport launched in 2016 had been available only for diplomats and AU officials. It will now be rolled out to ordinary citizens of the African Union.
What will an African Passport mean?
The rationale for the passport is for African citizens to be able to cross all borders on African soil without a visa. The passport will facilitate easier movement for people to ease trade relations.
As African countries strengthen ties and seek to reap strength in numbers, the passport will spell an easier transition into seamless trade on the continent.
Modelled along the lines of the European Union passport, the passport will be biometric to prevent fraud and …
Ten African heads of state and government, as well as the president of the African Development Bank, were handed awards for their instrumental role in the realization of the African continental free trade area.
“As Africans, we are proud of the extraordinary effort made by our leaders towards the success of the AfCFTA.” Hailemariam Boshe, former Prime Minister of Ethiopia and Ae Group Patron
A consortium of African stakeholders banded together to show acknowledgment for the efforts undertakes towards realizing Africa’s dream. The stakeholders included AeTrade Group in collaboration with the African Union Commission, the African Business Council, the Pan African Chamber of Commerce and Industry, the Federation of West African Chambers of Commerce and Industry, and the East African Chamber of Commerce, Industry, and Agriculture.
The heads of state that received recognition included:
- Felix Tshisekedi, president of the Democratic Republic of Congo
- Egyptian President Ahmed Fattah Al-Sisi;
- His Majesty
The countdown to the commencement of trading under the African Continental Free Trade Area is drawing to an end.
The world celebrates the coming of a new year with the hope of a reprieve from the chaos and hardships that 2020 brought. For Africa, the New Year’s Eve celebrations bring hope for a brighter future. A future with Africa no longer the dark forgotten continent left behind by the rest of the world. Neither engulfed by poverty, inefficiency, and negativity nor identified by conflict and hopelessness.
A future where Africa stands shoulder to shoulder with economic giants. Where economies of scale and scope position African manufacturers favorably. Where African economies boast integrated efficiencies and world-class digital infrastructure. Where road networks and physical infrastructure on the continent take a turn for the better. Where Africa means business and has the trade statistics to prove it.
Africa is going for gold and …
The African Development Bank approved a grant of $27.4 to boost the efforts of the African Union (AU) to mobilize continental response to curb the spread of COVID-19 pandemic.
“With this financing package, we are reaffirming our strong commitment to a coordinated African response in the face of COVID-19. Most importantly, we are sending a strong signal that collectively, the continent can address the pandemic in Africa, which is straining health systems and causing unprecedented socio-economic impacts on the continent.” Said Akinwumi Adesina, African Development Bank President after the approval of the funds.
About $26.03 million of the grant will help strengthen the institutional capacity of the Africa Centres for Disease Control and Prevention (Africa CDC) to respond to public health emergencies across the continent. The remaining balance of about $1.37 million will be a contribution to the AU COVID-19 Response Fund.
The two grants are from the bank’s African …
The UK will invest up to £20 million in the new ‘African Union Covid19 Response Fund’ to tackle coronavirus and save lives.
This makes the UK the largest national donor to the fund, which was announced by Cyril Ramaphosa, Chairperson of the African Union (AU) and President of the Republic of South Africa last month. It will support African leaders and technical experts to slow the spread of coronavirus and save lives in Africa and worldwide.
The fund will tackle the pandemic by recruiting African health experts and deploying them where they are needed most, strengthening global tracking of the pandemic, combatting potentially harmful misinformation, providing specialist coronavirus training for health workers and making information about the virus more accessible to the public.
Announcing the funding on May 20th, International Development Secretary Anne-Marie Trevelyan said:
…“As the UK faces its biggest peacetime challenge in tackling coronavirus, it’s never been more
Canada, the world’s second largest country and the fastest economy among G7 has set aside $10 million for developing African women, and slated potential investment agreement with Ethiopia.
The $10-million contribution is to the African Union Commission for gender equality and women empowerment.
The Canadian Prime Minister (with his first visit to Ethiopia) spent the first full day of a three-day trip to Addis Ababa meeting with some of the African Union’s heaviest performers in a series of one-on-one on the sidelines of the union’s 33rd sessional meeting in Addis Ababa.
READ:Ethiopian Airline’s CEO reveals new airport underway
Canada and Ethiopia
According to the Canadian media, Global news, Trudeau said Canada and Ethiopia are about to start negotiating a Foreign Investment Protection Agreement.
Also, the Canadian Trade Minister Mary Ng, who is in Africa with a trade delegation of Canadian companies, wouldn’t say how long those negotiations could take …
Ahead of this week’s African Union meeting (Feb 9-10), more than 25 organisations, networks and community resistance groups from Africa and around the world have called on African governments to prevent the proliferation of coal, oil and gas in Africa and to ensure efforts to address fossil fuels match those which have helped reduce the danger from nuclear weapons, Power Shift statement reveals.
According to the statement, the communique signed by the group criticized the deliberate proliferation of coal, oil, and gas in Africa, contrary to scientific evidence and highlighted the contradiction between planned fossil fuel expansion and globally agreed climate targets.
They also condemned the way some African governments were avoiding scrutiny from civil society groups and even violently targeting environmental activists and human rights defenders in some places.
Representatives from the different NGO groups who attended an Africa Energy Leaders Summit on Climate Change, Energy, and Energy Finance …
Amref Health Africa Global CEO and Co-Chair of UHC 2030 steering committee, Dr. Githinji Gitahi has been appointed as a member of the Governing Board of the Africa Centre’s for Disease Control and prevention (Africa CDC).
The Africa CDC supports all African countries to improve surveillance, emergency response, and prevention of infectious diseases. This includes addressing outbreaks, man-made and natural disasters and public health events of regional and international concern. It further seeks to build the capacity to reduce disease burden on the continent.
“I would like to extend my gratitude to the African Union and specifically to H.E Mrs Elfadil for this appointment. I am honored to be nominated for this position that is geared towards strengthening and transforming the health in Africa. I look forward to sharing my expertise and skills as we work towards achieving Universal Health Coverage and achieving health security in Africa,” said Dr. Gitahi.…