How can Africa’s continental free trade agreement be moved forward from talk to action? An eventful week in Ghana ended with new promises from ... African governments and state parties to speed up processes towards the full realisation of the world’s largest free trade area – AfCFTA.
The outlook for South African Airways (SAA) and Air Mauritius, meanwhile, is bleak.
No African airline will emerge from the pandemic unscathed, says Indigo Ellis, associate director at Africa Matters in London. Passenger numbers are less than half their pre-2020 levels, and industry losses to January 2021 are estimated at more than $10.5bn. This, Ellis notes, is despite a return to relative normalcy in some domestic markets over the past three months.
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Travel restrictions to the UK and the US for most arrivals from Southern Africa mean the picture is “bleak” for many carriers, with limited prospects for government bailouts, says Ellis.