Sunday, December 10, 2023

Angola will host the Single Air Transport Market conference

Under the motto From Africa to the world, towards the liberalization and sustainable development of air transport, participants from 20 countries are called to find ways to launch a pilot program for the implementation of MUTA proposal.

The initiative, which was launched on November 14, 2022 in Dakar, Senegal, aims to improve trafficking operations in Africa, which has increased from 14.5 percent currently to 30 percent by 2025.

A study of the continental benefits of its implementation predicts an increase in the amount of traffic within the continent of about 51 percent within two to three years.

It added that improving air connectivity could contribute up to $4.6 billion in economic growth and create 60,000 jobs, in addition to promoting investment and innovation.

Increased traffic from African Union (AU) countries would also reduce average fare levels by up to 26 percent, the research added.

Recently, the 53rd edition of the Southern African Airlines Conference, also held in Angola, insisted on the reduction of travel costs in the southern subregion and the exemption of tourist visas as key factors to promote interconnectivity on the continent.

He noted that these are important steps to promote the African Free Trade Zone, an AU project that aims to increase the income of the continent to 450 billion dollars until 2035 and exports to 560 billion, especially in the sector of manufacturing.

The creation of millions of jobs will depend on its success and it is the possible way out of poverty for 68 million Africans, half of them from extreme poverty.


World Nation News Desk
World Nation News Desk
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