Tag: aviation

In a World Remade by Force, Africa Must Bet on UN Tax Rules

As UN negotiations on a global Convention on International Tax Cooperation resume, economist Léonce Ndikumana argues that Africa must push for fairer international tax rules to curb illicit financial flows, reduce capital flight, strengthen tax transparency, and secure sustainable revenue. The article explores how global conflicts, debt pressures, and outdated tax systems undermine Africa’s economic resilience, while outlining key reforms that could reshape international taxation and support long-term development.

Ethiopia’s Tourism Renaissance: Blending Ancient Wonders with New Natural Destinations

Ethiopia is advancing a major tourism renaissance through sweeping national reforms, new ecotourism destinations, and large-scale infrastructure development, positioning itself as one of Africa’s fastest-emerging travel hubs. Backed by a national strategy led by Prime Minister Abiy Ahmed and regional recognition from IGAD, the country is expanding sustainable tourism across iconic landscapes such as the Simien Mountains, Omo Valley, and the Great Rift Valley, while enhancing cultural heritage tourism in historic sites like Lalibela and Axum. Major investment in aviation, including a new mega airport and the continued expansion of Ethiopian Airlines, strengthens Ethiopia’s ambition to become a regional hub connecting Africa, the Middle East, and beyond.

Why Most of Africa Is Losing the Tourism Race Before It Even Starts

Africa’s tourism potential remains largely untapped as poor air connectivity, limited mid-range accommodation, and restrictive visa policies hold many destinations back. While countries like Morocco, Egypt, and South Africa thrive, much of the continent struggles to compete globally. Industry insights from Air France-KLM highlight how access, affordability, and intra-African travel reforms are critical to unlocking sustainable tourism growth across Africa.

WTM Africa 2026: La Réunion Tourism Board strengthens its presence in South Africa

La Réunion Tourism Board will showcase the island’s growing appeal to African travellers at WTM Africa 2026, taking place at the Cape Town International Convention Centre from 13–15 April 2026. Positioned in the Indian Ocean, La Réunion offers a unique mix of adventure tourism, Creole culture, and sustainable travel experiences. With a strong focus on the South African market, the tourism board aims to expand partnerships with travel trade stakeholders, promote visa-free access, and highlight direct connectivity via Air Austral. The initiative underscores La Réunion’s positioning as a leading nature and experiential destination for African travellers.

Absa CIB closes USD72 million aviation financing facility with AELF to support fleet expansion across Africa

Absa Corporate and Investment Banking (CIB) has successfully arranged a USD72 million structured aviation finance facility with Aircraft Engine Lease Finance (AELF) to expand its aircraft fleet across Africa. Acting as Mandated Lead Arranger and Senior Lender, Absa CIB enables AELF to increase leased aircraft for African carriers, enhancing regional connectivity, aviation infrastructure, and job creation in the aviation sector. The deal reflects Absa CIB’s expertise in commercial aircraft leasing, aviation finance solutions, and structured asset finance. This partnership strengthens long-term collaboration between Absa and AELF, supporting sustainable growth in Africa’s aviation industry, airline operations, and fleet financing strategies.

Potential and Challenges in Africa’s Growing Business Aviation Market

Africa’s business aviation market is emerging as a critical enabler of economic development, humanitarian access, and regional connectivity. Valued at over US$1 billion today, the sector is forecast to grow rapidly through 2030, driven by corporate travel, tourism, emergency medical services, humanitarian missions, and advanced aerial technologies. However, regulatory complexity, infrastructure gaps, financing constraints, and outdated perceptions continue to limit growth. With increasing professionalisation, regional differentiation, and the advocacy efforts of the African Business Aviation Association (AfBAA), business aviation is gaining recognition as a powerful economic force multiplier capable of generating jobs, skills development, and long-term investment across the continent.

Tapestry Collection by Hilton to Make Stylish Debut in Sub-Saharan Africa

Hilton has announced the debut of its lifestyle brand, Tapestry Collection by Hilton, in Sub-Saharan Africa, with new properties in South Africa, Kenya, and Rwanda. The Sterling Hotel in KwaZulu-Natal, Ava Hotel Nairobi in Lavington, and Zaria Court Kigali will mark a major milestone in Hilton’s African expansion, reflecting the company’s plan to triple its presence across the continent. Each hotel embodies local character, modern design, and the signature hospitality of Hilton, reinforcing the brand’s growth in Africa’s thriving tourism and business travel markets.