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African Development Bank’s AAA rating
Ratings agency S&P Global on Friday affirmed its ‘AAA/A-1+’long- and short-term issuer credit assessment of the African Development Bank (AfDB) with a stable outlook.
The rating agency positively assessed the Bank’s very strong financial risk profile, very strong capital adequacy, strong funding and l… read more
Sudan: Internal Air Flights Resumed, Dongola and Merowe still closed
The Civil Aviation Authority, on Tuesday, issued a decree resuming air flights between Khartoum the different states 'airports excluding Dongola and Merowe as of the current Aug 14.
The authority has called for being committed the the health protocols and the announced medical measures issued by the Higher Committee for Healt… read more
Comair receives short-term financing
Comair secures short-term financing with two offers on the table.
According to internal communications seen by South Africa's Travel News, Comair chief executive Wrenelle Stander told staff that the USD2.27 million short-term bridge loan would allow Comair to meet its operational overheads and allow its business… read more
Aviation Unions to ground Arik Air August 17
Barring any last minute changes … read more
African Investor for LIAT in the Caribbean??
African financiersare among a group of several suitors interested in investing in LIAT, a regional airline headquartered in Antigua and Barbuda that operated high-frequency inter-island scheduled services to 15 destinations in the Caribbean, according to Prime Minister of Antigua and Barbuda, Gaston Browne. In a report monitored on… read more
Wow! 100,000 trees to be planted in Seychelles
Employees from the tourism industry who have lost their jobsdue to COVID-19 are joining in an ambitious project to plant 500,000 treesin a bid to reforest Seychelles' second-most populated island.The opening phase of the project will see 100,000 trees planted from this month to the end of December and the are expected… read more
Kenya Airways To Resume Fifth Freedom Flight To China
Kenya Airways is planning to resume its fifth freedom flight to China in October. The service from Nairobi to Guangzhou via Bangkok is expected to commence from the week beginning October 25.Guangzhou is China’s most in-demand city for African traffic
From October 25, the airline will be running its regular daily s… read more
Costa Cruises joins AIDA in return to cruising in September with two ships
Costa Cruises and AIDA Cruiseshave confirmed that they’ll be resuming operations in September, with both cruise lines deploying two ships in the Mediterranean.While Costa Cruises is an Italian cruise line, and AIDA Cruises is German, both are owned by Carnival Corporation, and both will be resuming services fro… read more
Malawi: Developing risk management plans for tourism industry
The Government of Malawi is currently working on developing risk management plans for the tourism industry, which will ensure proper management of the current Coronavirus situation and future crises.
This is according to the country's newly appointed Tourism, Wildlife and Culture Minister, Dr. Michael Bizwick Usi… read more
Cruise companies have started cancelling 2021 trips
Cruise companies around the world have started cancelling 2021 holidays as a result of coronavirus. Smaller, charter cruise firms were among the first to start cancelling 2021 sailings last month but now bigger lines have joined their ranks.
Seabourn, the ultra-luxury line owned by the Carnival Corporation has c… read more
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