Tuesday, December 3, 2024
28.6 C
Lagos

African Union Unveils All-Africa Passport to Boost Travel, Trade

While is U.K. was busy separating from the European Union, Africa wants to become more unified with the introduction of an all-Africa passport. The idea, first approved in 2014, will launch at the 27th AU Summit in Rwanda this month.

The electronic passport is proposed as an anecdote for dissolving border restrictions, thus building greater opportunities for trade within the continent, in hopes of boosting the overall economy.

Anyone with a A.U. passport would be allowed to travel freely within the union’s 54 countries without a visa. Government officials and heads of state at the A.U. headquarters in Ethiopia, will be the first to use the all-Africa passport, which is expected to expand to all citizens in 2018.

Despite the economic benefits, the passport could have an opposite effect given the threat of terrorism.

The Motherland continues to be vulnerable to increased acts of terror, with recent attacks in Nigeria, Somalia, Kenya, and the Ivory Coast.

— Latifah Muhammad,Vibe

spot_img
spot_img
spot_img

Hot this week

How Not to Mismanage the Reputation of a Good Brand

It is a lunch time menu for communications, PR,...

Business Journal Lecture: Industry Stakeholders Examine GDP Contribution, Insurance Growth

L-R: Mr. Tope Smart, Group Chairman, NEM Insurance Plc...

Elumelu Champions Recognition of Women’s Potential, Challenges Workplace Stereotypes

The Group Chairman, United Bank for Africa (UBA) and...

Beiersdorf Supports Paediatric Cancer Patients with N16m Donation

L-R: Marketing Activations Manager, Beiersdorf Nigeria, Oluwadamilola Adeyemi; Chief...

Topics

NAICOM Targets Technology to Drive Access to Insurance

KEYNOTE ADDRESS BY THE COMMISSIONER FOR INSURANCE, MR. OLORUNDARE...

Universal Insurance: N4.1bn Income, N796m Profit, N348m Claims in H1 2022

Universal Insurance Plc, Nigeria’s foremost insurance company, has achieved...

Standard Chartered Bank Commits $75bn Towards SDGs

Standard Chartered Bank has announced new business targets for...

MainOne’s West Africa Expansion Boosted by Cote d’Ivoire Licence

As part of its West Africa expansion, connectivity and...

Abbey Mortgage Bank Names Mobolaji Adewumi as Acting MD

In the wake of her 30th Anniversary, Abbey Mortgage...

Interswitch Trains 10, 000 Experts to Drive Digital Economy in Nigeria

The Interswitch Group has provided cutting-edge digital training to...

Why Investors Should Not Ignore Opportunities in Fragile States

Africa is experiencing fewer wars than it did two decades ago but conflict, insecurity and the fragility of states is still a major concern for business. Politically motivated instability can be seen in countries like Burundi, South Sudan, Mali, eastern DRC, Libya and Somalia, while Nigeria and Kenya are dealing with terrorist activities. But American entrepreneur Jake Cusack believes there are “genuine economic opportunities” in these fragile markets. He says companies need to be strategic about what parts of a country they invest in, and whom to partner with, as opposed to writing off an entire country.

NYSC, GE Unveil Partnership to Empower Corp Members with Entrepreneurial Skills

GE, the world’s premier Digital Industrial Company has announced...
spot_img

Related Articles

Popular Categories

spot_imgspot_img