Here’s how to make Africa’s aviation industry soar

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 63 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 53%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

While it is evident that aviation in Africa has the potential to fuel economic growth, several barriers exist.

Africans make up 12% of the world’s population but only 2.5% of the world’s passengers. So why is there such a gap?

Consider the reality: airport infrastructure in most African countries is outdated and not built to serve the growing volume of passengers or cargo. Airlines and airports are often managed by government entities or regulatory bodies. Foreign investment is discouraged. Take the outstanding example of the Abidjan International Airport. In 1996, management and operation of the terminal in Côte d’Ivoire were privatised and awarded to AERIA, a French company. Ownership of AERIA is shared by private investors , a technical partner and Côte d’Ivoire . The company has invested in infrastructure and delivered quality service, impressing the government so much that the concession has been extended.

In turn, this has impacts for the broader economy, generating more tourism revenues, jobs and productivity. That will enhance the GDP of African countries and improve the welfare of ordinary Africans. So, what lies ahead for Africa’s skies? First, the Single African Air Transport Market introduced earlier this year aims to open up African airspace and improve intra-African air connectivity. So far, 26 African countries have signed up. The movement is promising and will be more effective once all African countries come onboard.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 30. in BE

Belgique Dernières Nouvelles, Belgique Actualités