Johannesburg, April 10, 2014: Air Cargo is key to the economic growth of any country, much so, in the case of emerging countries in Africa. Other nations are vying with each other to do business with Africa, in the process giving back what Africa needs in terms of growth.
Ever since the economic down turn in the recent past, there has been a global endeavour in search of fresh pastures for trade and business and it is no surprise that Africa is being explored for growth opportunities. Now that the growth potential of Africa has been identified, the Air Freight industry in Africa has been experiencing a spurt in growth. The air freight traffic in Africa is growing at an average of over 6% while the global average is 5.8%. Africa is behind only the Middle East and Asia Pacific in growth statistics
The growth in Air Freight industry has had a positive impact on the economic front with 28 out of 52 countries in Africa showing an average 5% annual growth which is likely to increase. Like any growth story has its teething troubles, Africa has also some issues, which have to be addressed, if the continent’s full potential for growth is to be tapped. SOURCE