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THE SINGLE AFRICAN AIR TRANSPORT MARKET SET TO GO.
The Single African Air Transport Market (SAATM) concept will unite African aviation sector and foster economic growth.
The concept of SAATM is on the track, as 26 African Countries have agreed to the idea. Plans to internationalize SAATM are on track, hence a meeting set to take place at Togolese capital, Lome.
Countries to have signed the commitment include: Benin, Burkina Faso, Botswana, Cape Verde, Ivory Coast, Egypt, Ethiopia, Gabon and Ghana.
Guinea, Kenya, Liberia, Mozambique, Rwanda, Senegal, Sierra Leone, South Africa, Swaziland, South Africa, Togo and Zimbabwe complete the partial list.
It has been five months since the A.U. officially launched the Single African Air Transport Market (SAATM) in a bid primarily aimed at connecting African states.
Other reasons for the concept is to reduce fares and stimulate economic growth through air transport and tourism. SAATM forms part of A.U. reform package under the agenda 2063.
The AU also hopes to encourage cross-border investment and innovation as well as improve business operations and efficiency.
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