Tuesday, May 19, 2026
27.3 C
Lagos

African Union, IATA Sign MoU on Air Transport

The International Air Transport Association (IATA) and The African Union Commission (AU) signed a Memorandum of Understanding (MoU) to expand strategic cooperation to further the continent’s economic and social development with the benefits of safe, efficient and sustainable air transport in Africa.
The MoU was signed by Tony Tyler, IATA’s Director General and CEO and AU’s Commissioner for Infrastructure and Energy, Dr. Elham Mahmoud Ahmed Ibrahim.
The MoU focuses on the exchange of information, expertise and capabilities in a number of areas including:
· Enhancing security through intelligence-driven, risk-based measures
· Enhancing safety
· Reducing accident rates in line with global levels of performance
· Promoting connectivity
· Facilitating collaborative decision making in air traffic management
· Improving the passenger experience through the deployment of IATA’s Fast Travel Program, a suite of projects designed to give passengers more control over their journey through a range of self-service options.
“Africa is set to be one of the fastest-growing aviation regions with 5% annual growth forecast over the next 20 years. Achieving this potential will not happen by chance; strong partnerships are key. This MoU will help ensure that global standards and best practices form the backbone of Africa’s growth as well as position the continent’s 54 nations to promote economic and social development by unleashing the full power of aviation. I congratulate Dr. Ibrahim for her leadership, vision and foresight in driving aviation development in Africa,” said Tyler.
“IATA is a strategic partner in the growth of African aviation. This MoU will commit our two organisations to even closer cooperation on the priorities for African aviation. In particular, we count on IATA to partner with us by providing the requisite technical support in the establishment of the Single African Air Transport Market as part of our long-term vision in the context of the AU Agenda 2063. We are, indeed, dedicated to global best practice as a fundamental for sustained growth in aviation in Africa,” said Dr. Ibrahim.
The MoU paves the way for further development in African aviation. The industry already supports 6.8 million jobs and generates $72.5 billion of economic activity on the continent.

spot_img
spot_img
spot_img

Hot this week

CIG Motors: Pay ₦3m For a Brand New Car in May Splash Promo on Electric, Petrol Vehicles

New campaign introduces EasyPay auto-financing, major discounts and nationwide...

Understanding Why Corporates Need Credit Rating

In today’s dynamic financial landscape, silence leaves room for...

Distinguished Industry Veteran, Olusola Teniola, to Chair NDSF 2026

The organising committee of the 2026 Nigeria DigitalSENSE Forum...

The Nigeria Prize for Science & Innovation Hits New Peak as 2026 Edition Attracts 237 Entries

The 2026 edition of The Nigeria Prize for Science...

Heirs Insurance Group Named among Africa’s Fastest-Growing Companies in Financial Times Ranking

Heirs Insurance Group has achieved a landmark double recognition,...

Topics

CHI Renews N24m Group Personal Accident Cover for Journalists

Eddie Efekoha Group Managing Director/CEO Consolidated Hallmark Insurance Plc Consolidated Hallmark Insurance...

Ecobank Partners Ogun State on Agric, Empowerment, Health

Ogun State Governor, Prince Dapo Abiodun (r) and...

Insurance Meets Tech 2024: Pre-Event Registration Opens September 2, 2024

Insurance Meets Tech (IMT) 2024, one of West Africa's...

NCC: Subscriber Base Tops 173.7m as Teledensity Hits 91%

The Nigerian Communications Commission (NCC) has clarified that it...

SEC Targets N5tn Market Capitalisation from 50 Shari’ah-compliant Products by 2025

The Securities and Exchange Commission (SEC) has reiterated that...

Microsoft Partners Nigeria Digital ID4D on Data Protection

L-R: Dr. Chike Walter Duru, Internal Communications Manager, Nigeria...

CBN Debunks Naira Devaluation Report as Fake News

The Central Bank of Nigeria (CBN) has debunked a...

Continental Re Seeks Entries for 10th Pan African Re/Insurance Journalism Awards 2025

Continental Reinsurance Plc, a leading Pan-African reinsurer, is proud...
spot_img

Related Articles

Popular Categories

spot_imgspot_img