African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) initiative teams with African Guarantee Fund

  (Posted 12th December 2024)   The new deal will support women-led businesses via the AFAWA Guarantee for Growth program, which makes financing available for women entrepreneurs through de-risking and technical assistance measures     The African Development Bank Group’s Affirmative Finance Action for Women in Africa (AFAWA) program is lending its support to a new […]

THE 7TH AFRICA YOUTH IN TOURISM INNOVATION CHALLENGE (AYTIC) 2025 IS OPEN FOR ENTRIES.

  (Posted 12th December 2024)   Africa Tourism Partners and strategic partners  including UN Tourism, AfCFTA, BDO South Africa in collaboration with TEAMS Africa has announced the successful launch of the 7 th and 2025 Africa Youth in Tourism Innovation Challenge (AYTIC) 2025. The challenge is a key component of the Africa Youth in Tourism […]

Supply Chain Issues Continue to Negatively Impact Airline Performance into 2025

  (Posted 12th December 2024)   The International Air Transport Association (IATA) expects severe supply chain issues to continue to impact airline performance into 2025, raising costs and limiting growth. IATA quantified the scale of the challenges facing airlines because of supply chain issues in its latest airline industry outlook: •    Average age of the […]

IATA’s Turbulence Aware Platform Expands

  (Posted 11th December 2024)   The International Air Transport Association (IATA) announced that interest in its Turbulence Aware Platform continues to expand, with six airlines having joined the program in 2024. Most recently, this includes Asiana Airlines, British Airways, Scoot and Singapore Airlines. Managing turbulence will remain at the forefront of aviation safety and […]

SITA and Red Sea International Airport Announce Strategic Partnership

  (Posted 11th December 2024)   SITA, the global leader in air transport technology solutions, today announced a strategic partnership with Saudi Arabia’s Red Sea International Airport (RSI), becoming one of the Specialized Airport Systems (SAS) providers for the airport’s new Main Terminal Building. This marks a milestone in the growing collaboration between RSI and […]

Slow Growth in SAF Production poses challenges for sustainable aviation

  (Posted 11th December 2024)     The International Air Transport Association (IATA) released new estimates for Sustainable Aviation Fuel (SAF) production showing that: •    In 2024, SAF production volumes reached 1 million tonnes (1.3 billion liters), double the 0.5 million tonnes (600 million liters) produced in 2023. SAF accounted for 0.3% of global jet […]

EcoPulse paves the way for more sustainable aviation

  (Posted 11th December 2024)       EcoPulse, the distributed hybrid-electric propulsion aircraft demonstrator developed jointly by Daher, Safran and Airbus – has concluded its flight test campaign, delivering crucial insights to meet the decarbonization goals for air transport by 2050. This collaborative project, which is emblematic of the French aerospace sector, has provided […]

Air India orders 100 Airbus aircraft

(Posted 11th December 2024)   Air India opts for the best there is …    The Tata Group-owned Air India has officially disclosed orders it placed earlier for 10 A350 widebody and 90 single-aisle A320 Family aircraft. In addition, it has selected Airbus’ Flight Hour Services-Component (FHS-C) for its growing A350 fleet. The latest aircraft […]

Ethiopian Aviation University Graduates over 460 Aviation Professionals

  (Posted 11th December 2024)     Ethiopian Aviation University, the largest aviation training facility in Africa, announced the graduation of more than 460 aviation professionals, including international trainees from 10 African countries. The university held a graduation ceremony earlier this week at its facility, celebrating the remarkable achievements of its trainees. During the ceremony, […]

Africa Investment Forum Market Days 2024: African Development Bank (AfDB), Development Bank of Southern Africa (DBSA) and institutional investors sign agreement

  (Posted 10th December 2024)   The proposed multi-originator synthetic securitization platform is being designed as a revolving, evergreen vehicle to de-risk the balance sheets of development finance institutions operating in Africa     The African Development Bank Group  together with the Development Bank of Southern Africa (DBSA) and key institutional investors Academy Securities, Africa50, […]

Hotel Investment in Africa’s emerging markets

  (Posted 10th December 2024)   Without Hotels, There is No Tourism   Hello Institute of Tourism would like to invite you to: Hotel Investment in Emerging Markets, Everything You Need to Know, International Online Summit with Expert Panel, 11th of December The inaugural session is the firts in a series of summits on hotel […]

Carmen-Maja Rex to succeed Thierry Baril as Airbus Chief Human Resources Officer

  (Posted 10th December 2024)     Airbus announced the appointment of Carmen-Maja Rex as Chief Human Resources Officer, effective 1 April 2025. In this role, she will be a member of the Executive Committee and report to Airbus CEO Guillaume Faury. Carmen-Maja Rex is currently Human Resources Group Director at Heidelberg Materials, one of […]

Star Alliance Chief Executive Board Elects Michael Rousseau as New Chairperson

  (Posted 10th December 2024)   Michael Rousseau, President and CEO of Air Canada, has been elected as the new Chairperson of the Star Alliance Chief Executive Board (CEB). He succeeds Scott Kirby, CEO of United, who held the post since December 2020.   Theo Panagiotoulias (left) and Michael Rousseau (right) Assuming the role as […]

Africa Weekly AviationTrails: Week 49

  (Posted 10th December 2024)     Introduction. On December 7, 2024, the global aviation community commemorated the 80th anniversary of the signing of the Convention on International Civil Aviation, also known as the Chicago Convention, in the United States. This landmark agreement has been the cornerstone of the international civil aviation system, facilitating its […]

Dr. Alain St. Ange offers congratulations to Ghana’s President elect

  (Posted 09th December 2024)   Dr. Alain St.Ange, the former Seychelles Minister for Tourism, Civil Aviation, Ports and Marine who is today a tourism consultant has congratulated President elect John Dramani Mahama of Ghana on his electoral win. President Mahama, who was President of Ghana from 2012 to 2016, received Dr. Alain St.Ange as […]

Africa Investment Forum 2024 Garners $29.2 Billion in Deals, Signaling Continent’s Growing Economic Potential

  (Posted 09th December 2024)   During the closing press conference, representatives of the Forum’s founding partners reaffirmed their commitment to deepening collaboration and enhancing the platform’s convening power to mobilize critical investments for Africa   The Africa Investment Forum 2024 Markets Days has recorded a total of $29.2 billion in new investor interests after […]