Browsing: Aviation in Africa

AfCFTA: Africa banking on transport sector to grow economy

Industry and Trade

The Entebbe airport stands to transform Uganda’s movement over time as it advances to become an oil economy alongside Tanzania.

South Africa, one of the wealthiest countries, has the largest road network, 750,000kms, while Tanzania, East Africa’s competitive economy, has more than 86,000km of roads.

In the current economic scenario, where uncertainty brought by economic shocks from the pandemic and political tensions force nations to expand their horizon of influence, the past years have shown why African infrastructures must be robust and conducive to enhancing value creation.

Whoever moves fast and swiftly dominates the economic conversation. South Africa, Kenya, Namibia and Nigeria are among the top African nations with more robust economies.

Propelling Africa’s Aviation sector to greater heights  

Aviation

Africa’s aviation industry represents a huge market that the continent’s airlines need to exploit more fully; however over the years, the sector has competed unfavorably with other international carriers.  This is because of high air transport costs, poor intra-Africa connectivity/market access limitations as well as the high costs of operations. 

 

Last month, the African Aviation Industry Group (AAIG) held a high-level webinar to weigh in on practical solutions to reduce the high cost of air transport operations in Africa. The webinar themed “Achieving Affordable Air Transport across Africa”, saw stakeholders converge to determine what ails the industry as well as recommendations to propel the industry ahead.