Infrastructure

How $1.68 billion airlines’ trapped funds, high cost, infrastructure set aviation in Africa backward- IATA

Posted on by Wole Shadare
How $1.68 billion airlines’ trapped funds, high cost, infrastructure set aviation in Africa backward- IATA

Foreign airlines’ trapped funds in Africa hit a record $1.68 billion by the end of September 2023 according to the International Air Transport Association (IATA). The funds are held by countries experiencing foreign exchange reserves. The countries are Ghana, Nigeria, Ethiopia, Angola and Zimbabwe. IATA attributed trapped funds as one of the major issues plaguing aviation in Africa, describing the numbers as alarming with it having a huge and devastating impact on connectivity. IATA’s Regional…

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Infrastructure, fundamental to building vibrant tourism sector

Posted on by Wole Shadare
Infrastructure, fundamental to building vibrant tourism sector

The Acting Chief Operating Officer of Bi-Courtney Aviation Services Limited, operators of MMA2 Ikeja, Tosan Duncan Odukoya, has emphasized the importance of recognizing and enhancing the forces that drive tourism in today’s world of travel and adventure. She stated that infrastructure and process flow are foundational for building a vibrant tourism sector. Duncan Odukoya stated this during a breakfast forum hosted by Philips Consulting Limited and the Nigeria-South Africa Chamber of Commerce (NSACC) held at…

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