Tuesday, June 3, 2025
  • Share your story
  • About
  • Contact
Economy FootPrint
  • Home
  • News & Politics
  • Opinion
  • Finance & Economy
  • Aviation
  • Editorial
  • Transport & Blue Economy
  • Features | Analysis
  • Health | Environment
Economy FootPrint
Home Aviation

African Countries, Operators Explore New Opportunities Under Single African Air Transport Market

EconomyFoot Print by EconomyFoot Print
November 14, 2023
in Aviation, Industry | Trade | Commerce, Top News
Reading Time: 3 mins read
0
Share on FacebookShare on Twitter

The African Civil Aviation Commission (AFCAC) and the African air transport industry today marked the 24th Yamoussoukro Decision (YD) Day Anniversary as part of the Yamoussoukro Week holding in Abuja, Nigeria from November 13 to 16, 2023.

Holding under the theme, “Africa Wants to Fly”, the high level Ministerial meeting called on African States to urgently implement the Single African Air Transport Market (SAATM) as a strategy to enhance economic and social integration of the continent, grow the economy of African States and improve the welfare of Africans.  

Related posts

Qatar Airways Dedicates Special UEFA Champions League Livery to Bring PSG Home

Qatar Airways Dedicates Special UEFA Champions League Livery to Bring PSG Home

June 1, 2025
OPFY: Our Non-Kinetic Operations Secured Release Of Over 100 Kidnapped Victims – General Opurum

OPFY: Our Non-Kinetic Operations Secured Release Of Over 100 Kidnapped Victims – General Opurum

May 31, 2025

This year’s anniversary is hosted by Mr. Festus Keyamo (SAN), the Honourable Minister of Aviation and Aerospace Development of the Federal Republic of Nigeria with Mr. Affoh Atcha-Dedji, Minister of Air Transport, Rail and Road of the Republic of Togo, the Champion State of the (SAATM), as the Guest of Honour.

Among other main highlights, the high-level event unfolded new successes in the continent-wide efforts to open up Africa’s air transport market for the benefit of African airlines and economies under the SAATM Pilot Implementation Project (SAATM-PIP) launched during the 23RD YD-Day in Dakar, Senegal in November 2022 by 14 African Ministers of Aviation and Transport.

Ms. Adefunke Adeyemi, the Secretary General of AFCAC, stated: “I encourage governments and all stakeholders at this year’s YD Week anniversary in Abuja to contribute to the implementation of the Single African Air Transport Market (SAATM) and its socio-economic benefits to States, African airlines, investors and air travellers.”

“As the Executing Agency of the Yamoussoukro Decision (YD) and SAATM, which is the flagship project of Africa Union’s Agenda 2063, AFCAC is focused on achieving 30% increased 5th Freedom connectivity in Africa by 2025. I am thrilled that more States are embracing the SAATM for its huge benefits. Africa must remain committed and fast track its efforts to achieve the noble objectives of the SAATM.”

The Secretary General remarked further: “Achieving integration in Africa cannot be over-stated as Africa’s unity, envisioned decades ago, is the bedrock of our continent’s economic transformation. The YD-Week in Abuja offers us the unique opportunity to fast-track the use of air transport to bring Africa’s regions, cultures and economies ever closer and more consolidated.”

The YD Week brought together AU Member States, African and global aviation institutions and partners, Regional Economic Communities (RECs), airlines, airports, air navigation services providers (ANSPs), technical and financial partners, industry associations and other aviation stakeholders to network and discuss the most effective way to fast-track SAATM implementation.

The YD Day was attended by Honourable Ministers of over 12 African States or their representatives and Directors General of Civil Aviation Authorities across Africa and over 200 delegates.

This year’s edition of the YD Day will also feature special awards to recognise efforts towards the success of SAATM implementation.

So far, 37 Member States which account for more than 88% of intra-African traffic and more than 800 million people in Africa have subscribed to the Solemn Commitment to unconditionally implement the YD and SAATM. Also, 23 States have signed the Memorandum of Implementation (MoI) for its operationalization and implementation.

Previous Post

Labour Rights, Civil Opposition Under Siege In Nigeria – Group

Next Post

Single African Air Travel Market Will Reduce Africa Trade Deficits by 51 Percent

Next Post

Single African Air Travel Market Will Reduce Africa Trade Deficits by 51 Percent

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

UBA Employs 398 Youths Across Africa

1 year ago
We Will Take Price Stability Seriously; FX Market Will be Fit for Purpose – CBN Governor

FAAC Shares N906.955bn as Revenue for October

2 years ago

WORLD REFUGEE DAY: BIPC, Employs Internally Displace Persons, Refugees

12 months ago

Value Jet Aircraft Incidence: NSIB Begins Investigation

2 years ago

FOLLOW US

  • 86.2k Followers

BROWSE BY CATEGORIES

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

BROWSE BY TOPICS

2023 Benue Budget Abuja-Kaduna Rail Access Corporation Access pension airports concession Aviation Ayu Benue Budget Benue Community Buhari Business CBN Central Bank Dana Air Economy FGPL Herdsmen Herdsmen attacks insecurity insurance Maritime Min of Transport MSMEs NAICOM NCAA Nigeria Nigeria -Cameroon Border Post Nigeria Air NRac Onne Port ooh Orrom Ortom PDP PenCom pension Railway Sambo Jaji Transcorp Transcorp Group Transcorp Hotels Plc UBA Ukohol Wike Wildon Ideva

BROWSE BY CATEGORIES

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

Economy Footprint

The EconomyFootprint is published by Ideas Tent Communications Ltd®. All Rights Reserved.

Follow us on social media:

Recent News

  • Qatar Airways Dedicates Special UEFA Champions League Livery to Bring PSG Home
  • Operation Whirlwind Strikes Smugglers, Auctions Seized PMS at Subsidised Rate
  • How Support From Military High Command Help Troops To Tackle Lakurawa, bandits – Col Umar

Category

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

Recent News

Qatar Airways Dedicates Special UEFA Champions League Livery to Bring PSG Home

Qatar Airways Dedicates Special UEFA Champions League Livery to Bring PSG Home

June 1, 2025
Operation Whirlwind Strikes Smugglers, Auctions Seized PMS at Subsidised Rate

Operation Whirlwind Strikes Smugglers, Auctions Seized PMS at Subsidised Rate

June 1, 2025
No Result
View All Result
  • Home
  • Politics
  • News
  • Sports
  • Opinion