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Browsing: AUDA-NEPAD
With an estimated 150,000 and 300,000 tonnes of fish swimming throughout the EEZ, Kenya lies within the lucrative tuna belt. This is one of the most pressing reasons why Kenya is investing in blue-economy principles and increased investment in the sustainable development of its tuna resources.
In addition, Kenya can invest in blue-forest habitats like the mangrove forests where carbon storage offers the country a unique opportunity for financial gain through the blue-carbon markets incentives.…
This comes at a time when Africa’s underinvested youth are in need of urgent attention and youth entrepreneurship investment banks must become the focus of global support, according to the African Development Bank head Dr Akinwumi A. Adesina.
Speaking during a discussion on scaling up financing for the continent’s youth, Adesina presented a novel concept for youth entrepreneurship investment banks. The roundtable, organized by the African Development Bank, came a day ahead of the Summit on Financing African Economies convened by President Emmanuel Macron.…
Nigeria’s Minister of State for Aviation, Hadi Sirika, and other Africa transport ministers have rallied other countries on the continent behind the Single African Air Transport Market (SAATM).
Sirika, at the ongoing Second Ordinary Session of the African Union Specialised Technical Committee in Transport, Transcontinental and Inter-regional Infrastructure, Energy and Tourism in Cairo Egypt, made the resolution of the ministers known via his twitter handle.
The ministers, in the resolution concerning transport in Africa, “urge all remaining member states to join the Single African Air Transport Market (SAATM), ratify the African Road Safety Charter, the Revised Maritime Transport Charter and the Africa Civil Aviation Commission (AFCAC) Constitution.” Presently, only 28 African countries have so far shown interest in the SAATM, even as the African Union awaits the decision of others to join the train.
According to African Union, SAATM is “Promoting intra-regional connectivity between the capital cities of Africa …