The southern African area lags the remainder of Africa when it comes to each GDP and air passenger development.
This was revealed by Dr Marie Owens Thomsen, IATA Senior VP for Sustainability and Chief Economist, throughout final week’s IATA Wings of Change Focus Africa convention in Johannesburg.
She stated East Africa led the continent’s GDP development with 5,6% in 2024, with southern Africa in final place with 1,8% this 12 months.
Africa represents 18% of the world’s inhabitants however accounts for less than 3% of world GDP.
East Africa additionally leads the anticipated air passenger development in Africa, adopted by central/western Africa, northern Africa, and southern Africa.
Thomsen additional famous that African airways paid, on common, 20% extra for jet gas than different areas on the earth.
Regardless, Africa’s passenger visitors is anticipated to double from 170 million air passengers in 2024 to 340 million in 2043.