Day: November 4, 2024

  • Economic Community of West African States (ECOWAS) Aviation Ministers Set to Address the High Cost of Air Transport and Travel Tickets through Common Reforms in Lomé, Togo

    Economic Community of West African States (ECOWAS) Aviation Ministers Set to Address the High Cost of Air Transport and Travel Tickets through Common Reforms in Lomé, Togo

     

     

                        NEWS UPDATE
    Economic Community of West African States (ECOWAS) Aviation Ministers Set to Address the High Cost of Air Transport and Travel Tickets through Common Reforms in Lomé, Togo
    With expectations running high, the outcomes of the Lomé meeting will be crucial for the December 2024 ECOWAS Council of Ministers Session and Heads of State and Governments Summit

    ABUJA, Nigeria, November 4, 2024/ — ECOWAS is gearing up to host a key series of meetings from November 5-8, 2024, in Lomé, Togo, bringing together aviation ministers, DGs of Civil Aviation, officials, and industry stakeholders to chart a new course for air travel across West Africa. These sessions, which is a response to a directive of the 65th Heads of State Summit held in July 2024, aim to address persistent challenges in the aviation sector, focusing on lowering operational costs and uni-fying safety protocols to improve regional connectivity and economic cooperation.

    The meetings will begin with expert-level consultations from November 5-7, setting the foundation for a high-level ministerial session on November 8. Discussions will center on regional modalities to guide the steady reduction of aviation fees and taxes, alongside har-monized safety measures. These reforms aim to enhance the accessibility and affordability of air travel, aligning with ECOWAS’ broader agenda to deepen regional integration through increased connectivity, mobility and trade.

    ECOWAS assessments show that charges levied in the region by Airport Operators, Air Navi-gation Service Providers and Civil Aviation Authorities and the taxes imposed by govern-ments have severe negative impacts on the region’s air transport industry and on the wider economic and employment development in the States of the ECOWAS Region. They also have a high adverse impact on the competitiveness of airlines in the region struggling to survive and face fierce competition from foreign carriers.

    Thus, West Africa’s aviation sector, currently among the most expensive on the continent, stands to benefit significantly from these reforms. Reducing air travel costs is expected to unlock new opportunities in tourism, education, health, commerce, and other key econom-ic sectors while fostering the free movement of people, in line with the African Union’s Sin-gle African Air Transport Market (SAATM) and the African Continental Free Trade Area (AfCFTA) frameworks.

    With expectations running high, the outcomes of the Lomé meeting will be crucial for the December 2024 ECOWAS Council of Ministers Session and Heads of State and Governments Summit, where final cost reduction strategies are expected to be adopted. Stakeholders and Member States are encouraged to engage actively, ensuring the region moves swiftly toward a more competitive and sustainable aviation sector.

    Distribut

    SOURCE
    Economic Community of West African States (ECOWAS)

     

  • Coca-Cola Beverages Africa invests $50 Million in Namibia, boosting production capacity by 30%

    Coca Cola Beverages Africa
    NEWS UPDATE:
    Coca-Cola Beverages Africa invests $50 Million in Namibia, boosting production capacity by 30%
    The investment also includes the installation of a water treatment plant with state-of-the-art water recovery technology, designed to reduce water consumption
    WINDHOEK, Namibia, November 4, 2024/ — Coca-Cola Beverages Africa (CCBA) (www.CCBAGroup.com) has invested $50 million in a new bottling line in Namibia, capable of producing 27,000 bottles per hour. This upgrade will increase the plant’s output capacity by 30% and stimulate growth throughout the company’s value chain.

    The investment also includes the installation of a water treatment plant with state-of-the-art water recovery technology, designed to reduce water consumption. Additionally, the integration of advanced technology, including artificial intelligence, will require skills training for employees, contributing to the development of a future-ready workforce for both the business and the country.

    “We’ve ensured that this production line goes beyond output numbers,” said Pottie de Bruyn, General Manager of Coca-Cola Beverages Africa in Namibia. “It’s about creating shared opportunities across the value chain. The increased production also provides a boost to local businesses that supply us with raw materials and services.”

    Sunil Gupta, Chief Executive Officer of CCBA, echoed the sentiment, adding, “This investment is a clear demonstration of our continued belief in the future of Namibia.”

    Gupta also highlighted CCBA’s broader goals: “As a customer-centric, digitally enabled, growth-driven business, we are committed to excellence across our value chain. Efficient operations allow us to offer faster delivery and superior service. This new production line is another step in our journey to achieve even greater levels of execution excellence.”

    Media Contacts:
    Enid Johr
    PACS Director
    CCBA in Namibia
    Tel: +264 81 778 5381
    Email: ejohr@ccbagroup.com

    Wendy Thole-Muir
    Head: Reputation and Communication
    Coca-Cola Beverages Africa
    Tel: +27 83 795 8524
    Email: WThole-Muir@ccbagroup.com

    Judith Wilhem
    +264813473538

    Follow us on:
    LinkedIn: https://apo-opa.co/3AsnQje

    About CCBA:
    CCBA is the 8th largest Coca-Cola bottling partner in the world by revenue, and the largest on the continent. It accounts for over 40% of all Coca-Cola products sold in Africa by volume. With over 18,000 employees in Africa, CCBA services more than 720,000 customers with a host of international and local brands. The group was formed in July 2016 after the successful combination of the southern and east Africa bottling operations of the non-alcoholic ready-to-drink beverages businesses of The Coca-Cola Company, SABMiller plc and Gutsche Family Investments. CCBA shareholders are currently: The Coca-Cola Company 66.5% and Gutsche Family Investments 33.5%. CCBA operates in 15 countries, including its six key markets of South Africa, Kenya, Ethiopia, Uganda, Mozambique and Namibia, as well as Tanzania, Botswana, Ghana, Zambia, the islands of Comoros and Mayotte, Eswatini, Lesotho, and Malawi.

    Learn more at  https://www.CCBAGroup.com

    SOURCE
    Coca Cola Beverages Africa

     

  • Africa: Tanzania marks record agricultural achievement as African Development Bank President Adesina urges investment in Africa

    Africa: Tanzania marks record agricultural achievement as African Development Bank President Adesina urges investment in Africa

     

     

    African Development Bank Group (AfDB)
    NEWS UPDATE
    Tanzania marks record agricultural achievement as African Development Bank President Adesina urges investment in Africa
    Each youth is given 10 acres of land and is supported by training, already 11,000 have benefitted and this year’s harvest has begun
    DES MOINES, United States of America, November 4, 2024/ —

    • Tanzania achieves 128% food self-sufficiency, one of continent’s two successful cashew nut processors
    • If you are not investing in Africa, what are you doing? – Akinwumi Adesina

    Tanzania is setting new benchmarks in food self-sufficiency across Africa, raising hope that the fight against hunger and malnutrition on the continent is achievable.

    President Samia Suluhu Hassan of Tanzania said her country had reached 128 percent food security and is now exporting surplus to neighbouring countries.

    She was speaking on Thursday 31 October during a high-level session at the World Food Prize Norman E. Borlaug International Dialogue in Iowa, moderated by the president of the African Development Bank Group, Dr Akinwumi Adesina. The session, entitled “Bold Measures to Feed Africa,” also featured the President of Sierra Leone, Julius Maada Bio.

    President Suluhu Hassan told a packed auditorium, that after achieving food sufficiency, “we are now working on quality, accessibility and affordability, and how to minimize post-harvest loses.”

    Adesina praised President Suluhu Hassan’s leadership and strong political will for Tanzania’s success. He said the growing commitment of other African nations, underscores the continent’s readiness for large-scale investment in agriculture and food production.

    He recalled how the African Development Bank’s 2023 Dakar 2 Food Summit ignited commitment across Africa for country-specific food and agriculture compacts. The summit, co-hosted by the government of Senegal and the African Union, was attended by 34 African Heads of State and Government. It has mobilized more than $72 billion to date.

    President Suluhu Hassan said Tanzania left Dakar 2 summit with a signed compact and determination to implement increasing productivity as well as the political will to create institutions and support structures for its farmers.

    “We realized that not investing in agriculture is much more costly than investing in the sector,” she said.

    Tanzania has broken another record by becoming a processor and net exporter of cashew nuts, which for nearly all African countries, are processed in Asia. The country has also succeeded in rural electrification with nearly 100 percent of its 12,300 villages with electricity, President Suluhu Hassan said.

    Backed by investment from the African Development Bank, Tanzania’s Creating jobs for Youth and Women programme is targeting the country’s 65% youth population with training in farming, agriculture, livestock and crop farming.

    The Tanzanian leader said each youth is given 10 acres of land and is supported by training, already 11,000 have benefitted and this year’s harvest has begun. “We thank the African Development Bank for supporting that program,” she said.

    Joining Adesina on stage, President Bio of Sierra Leone shared his country’s success with the Feed Salone program, which has cut rice imports by 20 million tons and spurred agricultural productivity.

    Until then the nation had not paid enough attention to food security and Bio said he had focused on education during his first term. “Agriculture is the basis of development,” President Bio stated.

    The Feed Salone programme has helped boost agricultural productivity to feed the nation and to enable them export. “Already we have reduced rice imports by 20 million tons,” he said.

    “We are here to share the Sierra Leone story and invite investors. We are an ambitious nation and want to succeed to attract investors,” President Bio said.

    Adesina highlighted the African Development Bank’s efforts to reshape global perceptions of Africa and drive investment in critical sectors like agriculture.

    He said the event and the Africa Dialogue, also hosted by the African Development Bank in Iowa, was intended to break stereotypes and showcase Africa’s potential, a continent that is home to 65% of the world’s remaining arable land and has the technology to turn Africa into a global food basket.

    “This is why we bring African leaders here so you can hear from them directly,” Adesina said.

    The 2024 Norman E. Borlaug Dialogue gathers experts worldwide to inspire innovative solutions to global hunger. This year’s theme, “Seeds of Opportunity, Bridging Generations and Cultivating Diplomacy,” champions collaboration, legacy, and hope in the fight for food security.

    Adesina recalled the words of Norman E. Borlaug to him shortly before his death in 2009 at 95 years old.

    “He told me keep on scoring goals for Africa,” Adesina said. “If you are not investing in Africa, what are you doing?”

    Learn more about the African Development Bank’s Feed Africa High 5 priority here (http://apo-opa.co/4htLM6p).
    Contact:
    Amba Mpoke-Bigg
    Communication and External Relations Department
    email: media@afdb.org

    About the African Development Bank Group:
    The African Development Bank Group is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information: www.AfDB.org

    SOURCE
    African Development Bank Group

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