Africa: Air travel industry and a four-year tenure to forget in a hurry

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Many were the promises of the current administration during the 2015 elections that brought Muhammadu Buhari to power. But in the aviation industry, the last four years were more of faux ‘change’ even as stakeholders remain optimistic. WOLE OYEBADE writes. General Muhammadu Buhari’s reference to the two items threw the campaign arena and some sections of the aviation industry into […]

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Africa: Dwindling Fortunes of Nigeria’s Aviation Industry

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With records indicating that there has been persistent decrease in passenger traffic in Nigeria, both on domestic and international destinations, Chinedu Eze writes on how this is affecting Nigeria’s pivotal role in West and Central Africa, as the country with the highest passenger movement. When the Single African Air Transport Market (SAATM) was conceived many years ago, Nigeria played a […]

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Egypt Invest $68m Advertising Promotional Campaign To Help Revive Tourism Industry

By Morgan Winsor Egypt has signed a $68 million contract with New York advertising agency J. Walter Thompson Co. to help revive the Arab nation’s tourism industry. Over the next three years, the company will run a public relations campaign in 27 markets around the world to promote Egypt as a prime tourist destination and improve the view of the […]

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Kwame Ofosu Bamfo voted Hotelier of the year

The Chairman of Alisa Hotels and 2015 Best Hotelier award-winner Kwame Ofosu Bamfo has urged business owners in the tourism industry to continually invest in their facilities so as to help speed up Ghana’s tourism development drive. “If properly packaged and presented, tourism can save Ghana’s economy from the numerous challenges it currently faces, as has happened in many industrialised […]

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African Airlines to lose $100m On Airfares

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According to allafrica.com, African airlines are projected to make a loss of $100 million translating to a loss of $0,93 per passenger per seat on airfares that are expected to reduce by five percent this year. From a global perspective the aviation industry is expected to carry 3,8 billion passengers in 2016 and only 2,4 percent of that will go […]

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S’African Retailer Exits Nigeria on Import Restrictions

South African retailer, Truworths has pulled out of its Nigerian business citing import restrictions, its chief executive said on Thursday. This, according to Reuters, could be a sign that President Muhammadu Buhari’s attempts to boost local industry are hurting foreign investment. As well as being unable to fill its shelves, the clothing retailer said it was struggling to pay its […]

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