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Porto Novo, Benin (PANA) - The World Bank has approved $200 million in International Development Association (IDA) financing to help Benin improve urban mobility by developing a safe, reliable, and less polluting public transportation system in Grand-Nokoué.The Grand Nokoué Sustainable Urban Mobility Project aims to transform transportation in five communes [...]
©- - 21 may 2025 - 08:52:52 - thread Economy (416 words)


Washington, DC, USA (PANA) - A new World Bank report reveals that transportation inefficiencies are causing significant food losses in Africa. Thirty-seven percent of locally produced food is lost in transit due to slow processing times, poor infrastructure, and non-tariff barriers. According to the report, Transport for Food Security in Sub-Saharan [...]
©- - 21 may 2025 - 08:43:31 - thread Economy (439 words)


Tripoli, Libya (PANA) - A new shipping line linking Benghazi in eastern Libya to ports in China and the United Arab Emirates (UAE) has been launched, the ‘Jaliana’ free zone in the Libyan city has announced, ushering in a new phase of commercial and maritime activity in the region.This initiative [...]
©- - 24 april 2025 - 13:38:36 - thread Economy (432 words)


Cape Town, South Africa (PANA) – United Airlines is expanding its African network. It launched a new long-haul service from Washington Dulles Airport to Cape Town International Airport in November 2022, operating three times a week.Its second African route, linking Newark with Johannesburg, operates daily since June 2021 and this [...]
©- - 11 april 2025 - 07:41:21 - thread Economy (251 words)


Nairobi, Kenya (PANA) – Kenyan and Ethiopian airlines have had a significant impact on the growth of the global aviation business and specifically the transportation of stems of flowers driven by growth in romance globally. Figures show the global aviation industry has recorded a four-fold growth over the past two decades, [...]
©- - 18 february 2025 - 14:57:21 - thread Economy (394 words)


Geneva, Switzerland (PANA) - Air taxis, “autonomous autos” and reusable rockets are just some of the future transport solutions that inventors all over the world are striving to make a reality, while patents for combustion engines are “flatlining”, the UN intellectual property agency (WIPO) said on Thursday.UN News reported that [...]
©- - 06 february 2025 - 05:45:56 - thread Economy (777 words)


Cape Town, South Africa (PANA) –  South African Airways (SAA) on Monday launched its new direct flight to Tanzania’s commercial capital, Dar es Salaam.The carrier said this marks an important relaunch of the flight under its new operations and will boost economic growth.The flights will run daily between Johannesburg and Dar [...]
©- - 21 january 2025 - 10:37:51 - thread Economy (230 words)


Tripoli, Libya (PANA) - Italian airline Alitalia has resumed direct flights between Rome and Tripoli after a break of more than 10 years, in a move that reflects the significant improvement in security and logistical conditions in Libya.The first flight was welcomed on Sunday at Maitigua international airport, in the [...]
©- - 13 january 2025 - 12:17:21 - thread Economy (470 words)


Johannesburg, South Africa (PANA) - Switching to electric mobility is a no-brainer: tailpipe emissions cause poor health or even death and are a significant contributor to climate change. But given Africa’s limited access to electricity – let alone clean, renewable electricity – and the dearth of infrastructure for electric transport, the [...]
©- - 14 december 2024 - 12:42:24 - thread Economy (2096 words)


Nairobi, Kenya (PANA) - Demand for air travel in Africa is focused to increase in 2025 as airlines increase seats available on their routes, the International Air Transport Association (AITA) has said in its industry outlook.The African carriers face high operational costs and a low propensity for air travel expenditure in [...]
©- - 11 december 2024 - 13:38:43 - thread Economy (346 words)


New York, US (PANA) - UN Secretary-General Antonio Guterres marked the 80th anniversary of the signing of the convention that opened the way to mass civilian air travel, by praising the International Civil Aviation Organisation (ICAO) as a testament to global cooperation.“Across the decades, your organisation, which the Convention established, [...]
©- - 06 december 2024 - 05:21:41 - thread Economy (238 words)


Nairobi, Kenya (PANA) - African airlines saw a 10.4% year-on-year increase in demand, according to the International Air Transport Association (IATA) data released on Wednesday.The capacity, measured by the number of seats available per km, was up 5.3% year-on-year. The load factor, measured by the number of passengers boarding an aircraft [...]
©- - 05 december 2024 - 14:38:40 - thread Economy (370 words)


Cairo, Egypt (PANA) - African airlines should take advantage of the existence of a massive population within the continent to grow the aviation footprint, a senior global aviation executive said on Monday.The International Air Transport Association (IATA) Director-General, Willie Walsh, told the African Airlines executives at a meeting in Cairo [...]
©- - 19 november 2024 - 14:00:28 - thread Economy (573 words)


Cape Town, South Africa (PANA) – The inaugural South African Airways’ (SAA) direct flight between Johannesburg and Lubumbashi in the DRC, took off from OR Tambo International Airport and landed safely at Luano International Airport on Monday.The new route’s schedule of five weekly flights accommodates both point-to-point and connecting passengers. South [...]
©- - 05 november 2024 - 10:43:58 - thread Economy (215 words)


Luanda, Angola (PANA) - The US and Angola have signed an Open Skies Air Transport Agreement in Luanda to advance their bilateral aviation cooperation, the US Department of State announced on Monday.  It said in a press release that the Agreement brings the civil aviation transportation relationship between the United [...]
©- - 22 october 2024 - 04:44:20 - thread Economy (279 words)


Dakar, Senegal (PANA) - United Airlines  plans to fly into the Senegalese capital, Dakar, from May 2025, from its hub in Washington, DC, the airline announced on Thursday.The airline said its flights to Dakar, will mark its largest route expansion with the introduction of the new nonstop, year-round, three-times weekly [...]
©- - 11 october 2024 - 16:14:05 - thread Economy (172 words)


Cape Town, South Africa (PANA) –  Lufthansa has launched flights between Johannesburg and Munich after a 19-year hiatus.Lufthansa’s CEO, Jens Ritter, said Munich is a convenient hub to take advantage of numerous onward flights. “Our customers in South Africa will have more choice and travel options departing from Johannesburg, as this new [...]
©- - 16 september 2024 - 11:08:31 - thread Economy (267 words)


Nairobi, Kenya (PANA) - Kenya Airways has returned to the profit-making territory for the first time in 10 years, marking a significant milestone in its journey towards profitability.The Airline announced a profit for the first time in the airline's operations since 2013."For the first half of the financial year ending [...]
©- - 20 august 2024 - 15:09:55 - thread Economy (477 words)


Cape Town, South Africa (PANA) – The African Development Bank (AfDB) on Thursday confirmed that it had approved a US$1 billion loan for Transnet to aid the troubled logistics firm's recovery plan. State-owned Transnet, which is responsible for running the railway lines and ports, has struggled to provide adequate services due to [...]
©- - 18 july 2024 - 17:48:42 - thread Economy (173 words)


Cape Town, South Africa (PANA) – Cape Town International Airport has been ranked second-best worldwide, according to a new global passenger survey. The Airhelp survey, which takes into account customers' opinions on an airport's on-time performance, customer service delivery, and food and stores, ranked 239 airports from 69 countries. Johannesburg's OR Tambo [...]
©- - 16 july 2024 - 10:04:19 - thread Economy (178 words)


Freetown, Sierra Leone (PANA) - The World Bank Board has approved a $74 million International Development Association (IDA) grant to enhance climate-resilient transport connectivity and agricultural market access in Sierra Leone. In its announcement on Wednesday, the Bank said that the Sierra Leone Connectivity and Agricultural Market Infrastructure Project (CAMIP) will [...]
©- - 30 may 2024 - 11:03:00 - thread Economy (666 words)


Tunis, Tunisia (PANA) - Tunisian airline TunisAir has decided to halt all flights to and from Libyan airports until further notice due to significant losses incurred by the company as a result of the dollar tax imposed by the Libyan authorities. The airline has asked its authorized agents in Libya to [...]
©- - 16 may 2024 - 18:29:26 - thread Economy (122 words)


Tripoli, Libya (PANA) - The Libyan Minister of Transport, Mohamed al-Chahoubi, has announced the return of Royal Jordanian and Qatar Airways flights to and from Libya from this month. He added that discussions are underway with Saudi Airlines to also resume its flights. This announcement was made during a meeting held on [...]
©- - 06 may 2024 - 13:15:11 - thread Economy (469 words)


New York, US (PANA) - Reducing the transport sector’s impact on the environment while improving access to service, especially in developing countries, topped the agenda of the UN General Assembly on Wednesday.  Opening its High-Level Meeting on Sustainable Transport, Assembly President Dennis Francis urged countries to seize the opportunity to shape [...]
©- - 18 april 2024 - 05:50:20 - thread Economy (430 words)


Cape Town, South Africa (PANA) – South Africa's Transport Minister Sindisiwe Chikunga says the country's commercial airlines sector has maintained a zero fatal accident rate for four decades. Briefing the media on the state of the aviation industry on Tuesday, she said 97 small aircraft accidents have been recorded in the current [...]
©- - 06 march 2024 - 09:15:24 - thread Economy (264 words)


Nairobi, Kenya (PANA) - Two people were killed in a mid-air collision involving a training and passenger aircraft after take off from Wilson airport in Nairobi, aviation authorities said on Tuesday. The commercial aviator, Safarilink airlines, operating a Dash8 aircraft with 44 people on board, collided with a Cessna 172 Skyhawk, [...]
©- - 05 march 2024 - 13:59:14 - thread Economy (134 words)


Montreal, Canada (PANA) - The UN aviation agency on Wednesday announced that air traffic levels are operating at around two per cent above their high in 2019, before the COVID-19 pandemic grounded much of the world’s population in lockdown. Civil aviation organisation ICAO said that the numbers for the first quarter of 2024 [...]
©- - 29 february 2024 - 05:58:57 - thread Economy (316 words)


Addis Ababa, Ethiopia (PANA) - Ethiopian Cargo and Logistics Services, the largest air cargo network operator in Africa, has commenced a freighter service to Casablanca, Morocco, the freighter said on Monday. The new cargo route was launched from Addis Ababa, making it the 35th destination served by the freighter in Africa. Ethiopian [...]
©- - 09 january 2024 - 15:04:31 - thread Economy (225 words)


Cape Town, South Africa (PANA) – Mineral Resources and Energy Minister Gwede Mantashe on Wednesday announced a reduction of fuel prices based on current local and international factors with immediate effect. The retail price of 93 unleaded petrol will decrease by 62 cents per litre (from R22.79 last month) while 95 [...]
©- - 03 january 2024 - 10:37:18 - thread Economy (274 words)


Cape Town, South Africa (PANA) – The South African Maritime Business Chamber (MBC) says the turmoil in the Middle East, which has resulted in more than 100 container ships being rerouted around southern Africa to avoid the Suez Canal, presents a “rare and lucrative opportunity” for the country. Huthi rebels operating [...]
©- - 29 december 2023 - 08:21:15 - thread Economy (363 words)


Tripoli, Libya (PANA) - An air transport agreement was signed on Sunday between Libya and Italy. The two countries also signed a memorandum of technical cooperation between their civil aviation institutions, which will help to increase the efficiency and capacity of Libya's civil aviation. The air transport agreement was signed at the [...]
©- - 18 december 2023 - 12:48:01 - thread Economy (190 words)


Cape Town, South Africa (PANA) – South African Tourism on Monday confirmed the return of the Saudi Airlines direct flight between Jeddah and Johannesburg starting this month. The return of the Johannesburg route will see the carrier offer four weekly flights from OR Tambo International Airport. South Africa has been working closely [...]
©- - 05 december 2023 - 07:59:59 - thread Economy (176 words)


Cotonou, Benin (PANA) - Benin is to deply an electronic management of road transport companies, through the Electronic Road Freight Management System (SYGFR-Benin), a digital platform dedicated to the digital management of road freight, the Ministry of the Environment and Sustainable Development said on Friday. The new system provides visibility and [...]
©- - 17 november 2023 - 13:15:15 - thread Economy (212 words)


Washington DC, US (PANA) - The Addis-Djibouti corridor, a vital trade route and lifeline for Ethiopia's 120 million people, will get a significant upgrade thanks to the newly approved Horn of Africa Initiative’s Regional Economic Corridor Project. The project, endowed with a $730 million grant from the World Bank’s International Development [...]
©- - 21 july 2023 - 06:17:04 - thread Economy (530 words)


Tripoli, Libya (PANA) - Libyan and Austrial officials have discussed the resumption of flights between the two countries at a rate of three flights per week. The Libyan ambassador to Austria and permanent representative to international organisations, Osama Abdelhadi, discussed the resumption of flights with an Austrian delegation led by the [...]
©- - 23 may 2023 - 16:57:15 - thread Economy (187 words)


Cape Town, South Africa (PANA) - Global vehicle giant Stellantis on Wednesday announced its intention to establish a manufacturing plant in South Africa. The vehicle manufacturer, which was formed when Fiat Chrysler merged with Peugeot Citroen in 2021,  signed a Memorandum of Understanding with South Africa’s Department of Trade, Industry and [...]
©- - 08 march 2023 - 16:09:28 - thread Economy (179 words)


Addis Ababa, Ethiopia (PANA) – The African Union (AU) has called for measures to remove the barriers to the implementation of a plan to completely open up the African skies to airlines operating within Africa. The African Union Commission (AUC) in collaboration with the African Civil Aviation Commission (AFCAC) organised an [...]
©- - 23 february 2023 - 09:04:42 - thread Economy (451 words)


Nairobi, Kenya (PANA) - Kenya Airways said on Tuesday that persistent shortage of crucial aircraft spare parts could lead to travel disruption within its network and revised flights on some routes. "We wish to inform our customers that we are experiencing some flight disruptions," the Kenya Airways (KQ) Managing Director Allan [...]
©- - 10 january 2023 - 09:32:16 - thread Economy (413 words)


Cape Town, South Africa (PANA) – The Airports Company of South Africa (ACSA) on Thursday said challenges with the refuelling of aircraft has impacted 41 flights at OR Tambo International Airport. There was a technical issue with the main supply valve that provides fuel to the tarmac which caused delays to [...]
©- - 29 december 2022 - 09:55:27 - thread Economy (179 words)


Tripoli, Libya (PANA) - The Libyan Minister of Communications, Mohamed al-Chahoubi, and the Tunisian Minister of Transport, Rabi Majidi, on Wednesday signed an agreement to increase the number of flights between the two countries and on linking their airports. The agreement signed in Tunis on the sidelines of the visit of [...]
©- - 01 december 2022 - 12:30:42 - thread Economy (282 words)


Port-Louis, Mauritius (PANA) – The Mauritian airline, Air Mauritius, should have a new general manager, in the person of the Croatian, Krešimir Kučko, as from December 1, 2022, the local media reported on Saturday. The new CEO is a veteran of Gulf Air, Air Montenegro and Croatia Airlines. Air Mauritius has been [...]
©- - 19 november 2022 - 07:59:34 - thread Economy (80 words)


Tripoli, Libya (PANA) - The 2022 edition of the Libya International Aviation Forum and Exhibition kicked off on Sunday in Tripoli with the participation of more than 20 foreign companies. It is organised by the Hormuz Tourism and Exhibition Organisation Company under the supervision and support of the Civil Aviation Authority [...]
©- - 07 november 2022 - 12:37:04 - thread Economy (170 words)


Plaine Magnien, Mauritius (PANA) - The fourth Africa Indian Ocean Free Route Airspace Project Management Team (AFI–FRA-PMT) meeting which aims at developing a road map for the implementation of Free Route Airspace (FRA) in the AFI region opened in Mauritius on Tuesday. It is being attended by the International Civil Aviation [...]
©- - 26 october 2022 - 07:42:08 - thread Economy (361 words)


Cape Town, South Africa (PANA) – South African airline FlySafair has received approval to operate flights to 11 new destinations in southern Africa. The Air Services Licensing Council of South Africa has confirmed that it approved FlySafair's application to operate flights from Cape Town and Johannesburg to Gaborone, Livingstone, Luanda, Lusaka, [...]
©- - 11 october 2022 - 12:29:43 - thread Economy (158 words)


Cape Town, South Africa (PANA) – South African Airways (SAA), which has been battered by years of financial woes, continues to slide down the ranks of the world's leading airlines. For the fourth consecutive year, it has seen its position decline, while Ethiopian Airlines has become the new standard bearer in [...]
©- - 26 september 2022 - 12:36:24 - thread Economy (188 words)


Accra, Ghana (PANA) - The Ghana Civil Association Authority (GCAA) has cautioned Delta Airlines against temporarily using its aircraft with registration number N-195DN for flights to Accra. A private radio station in Accra, Joy News, reported that the caution is contained in a letter dated 19 August, 2022 addressed to Delta [...]
©- - 23 august 2022 - 08:48:23 - thread Economy (282 words)


Tripoli, Libya (PANA) - EgyptAir has announced that it will start operating special flights between the airport of Maitigua, in the Libyan capital, Tripoli, and Sharm el-Sheikh, an Egyptian resort town located between the Sinai Peninsula desert and the Red Sea, from next Tuesday. "EgyptAir flights are expected to continue between [...]
©- - 08 august 2022 - 12:34:37 - thread Economy (283 words)


Kisumu, Kenya (PANA) - Kenya has floated Marine Vessel, MV Uhuru II, which has been locally built by the naval unit of the Kenya Defense Forces (KDF). President and Commander in Chief of the Defence Forces, Uhuru Kenyatta, oversaw the floatation of MV Uhuru II. President Kenyatta said the facility, under the [...]
©- - 02 august 2022 - 23:03:11 - thread Economy (349 words)


Washington, DC, US (PANA) - The U.S.-Tanzania Air Transport Agreement, which establishes a modern civil aviation relationship with Tanzania consistent with U.S. Open Skies international aviation policy and with commitments to high standards of aviation safety and security, went into force on 10 June, the US State Department has said. A media [...]
©- - 15 june 2022 - 05:14:46 - thread Economy (170 words)


Tripoli, Libya (PANA) – Libya and Tunisia have agreed to increase the number of flights to Tunisia from three Libyan airports - Misrata (West), Sebha (South) and Beidha (East), the Libyan ministry of Transports of the Government of National Accord (GNA) announced on Monday. The agreement was reached after a meeting [...]
©- - 23 may 2022 - 20:55:30 - thread Economy (307 words)

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