African Union Unveils All-Africa Passport to Boost Travel, Trade

While is U.K. was busy separating from the European Union, Africa wants to become more unified with the introduction of an all-Africa passport. The idea, first approved in 2014, will launch at the 27th AU Summit in Rwanda this month.

The electronic passport is proposed as an anecdote for dissolving border restrictions, thus building greater opportunities for trade within the continent, in hopes of boosting the overall economy.

Anyone with a A.U. passport would be allowed to travel freely within the union’s 54 countries without a visa. Government officials and heads of state at the A.U. headquarters in Ethiopia, will be the first to use the all-Africa passport, which is expected to expand to all citizens in 2018.

Despite the economic benefits, the passport could have an opposite effect given the threat of terrorism.

The Motherland continues to be vulnerable to increased acts of terror, with recent attacks in Nigeria, Somalia, Kenya, and the Ivory Coast.

— Latifah Muhammad,Vibe

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

AIICO Retains Composite Licence Without Capital Raise, Posts Solid Q2 Performance

Mr. Olusegun Omosehin, Commission for Insurance/CEO of the National...

CIIN Unveils 2nd Edition of Courts’ Judgments on Insurance, Related Cases in Nigerian Courts

Chartered Insurance Institute of Nigeria (CIIN) announces the release...

Mutual Benefits Receives Renewed Licence, Signals New Growth Phase

Executive Director (Technical), Mutual Benefits Assurance Plc, Joseph Oladokun...

Stanbic IBTC, Anambra State Partner to Accelerate Growth, Trade Opportunities for South-East MSMEs

As MSMEs across the South-East seek opportunities for growth,...

Heirs Insurance Group Poised for Leadership in Nigeria’s Post-Recapitalisation Insurance Era

  Heirs General and Heirs Life meet NAICOM’s recapitalisation...

Topics

World Bank, UN, IMF Unite Against Illicit Financial Flows

International Monetary Fund and World Bank announced on April...

The Access Bank (UK) to Acquire Mauritius-based AfrAsia Bank

Access Holdings Plc has announced that its banking group’s,...

NAICOM: Islamic Finance Accounts for 3% of Financial Services in Nigeria

KEYNOTE ADDRESS BY THE COMMISSIONER FOR INSURANCE, MR OLUSEGUN...

Entrepreneurship: The Lonely Road to Sustainable Financial Future

Entrepreneurship is a lonely path. It is a lonely road of earthly bumps, spikes, leaking wallet and sweet sweat at the end of the rough road. It is not a calling for every man or woman. It is a path set aside for a select crop of men and women set aside for that purpose. At a time of growing unemployment and dwindling oil revenue as a result of falling oil prices in the international market, it is time to raise greater awareness on the importance and benefits of entrepreneurship towards sustainable financial future.

Stanford Seed Partners Entrepreneurs in Africa to Catalyze Economic Growth

Frank Omondi is a wildlife biologist turned entrepreneur. His...

Leadway Assurance, NAIPCO to Hold 2nd Edition of Journalism Training

Leadway Assurance Company Limited has announced the second edition of...

On Time International Targets Nigeria in Expansion Drive

On Time International has just announced upcoming tour in...

Interswitch, ACI Worldwide Deepen Strategic Partnership to Revolutionise Africa’s Payments Landscape

Africa's payments ecosystem has undergone significant transformations in recent...
spot_img

Related Articles

Popular Categories

spot_imgspot_img