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AFCFTA: NANTA to Promote Intra African Tourism Trade

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The projected 3.4 trillion dollars Gross Domestic Product ( GDP) rated Africa Continental Free Trade Area ( AFCFTA) Initiative, is to gain a muscled buy- in by the National Association of Nigeria Travel Agencies (NANTA), which will be facilitated through aviation collaborations with four major African indigenous airlines, Kenya Airways, Egypt air, Ethiopian Airlines and Rwanda Air.

With expected liberalized free trade and duty free enabled goods and services regime across african borders despite challenges of covid 19 pandemic and teething problems, nanta believes that an organised trade and tourism marketing among african nations facilitated by well thought out aviation connectivity, African union passport and synchronized visa regime, among nations under the AFCFTA deal, could change the economic narratives of the estimated 1.3 million population of African nations.

Concerned that the trade pact has potentials of lifting out the vulnerable poor, particularly african women who bestrides about 70% the informal sectors in Africa out of poverty, Nanta President, Mrs Susan Akporiaye says AFCFTA presents a refreshing assessment of the tourism and aviation collaborations with african airlines at the forefront to exploit and boost intra African trade, create travel and tourism jobs and improve competitiveness of the unique african culture, indigenous crafts and tourism to the global community.

Mrs Akporiaye, unvieling nanta “Africa to Africa Tourism Promotion campaign” to the management of the four major African airlines at different meetings in lagos, Tuesday and Wednesday, stated that with the advent the African union passport by Africa Union (AU), and nanta driving the tourism and Culture content initiative in collaboration with the airlines, will enhance and lubricate the promotion and marketing of african tourism economy, creating jobs in the process and engendering peace and integration.

Speaking during the visit to Kenya Airways management, nanta president called for a detailed and focal attention on Kenya tourism within the AFCFTA agenda and with nanta members, pushing the frontiers of its marketing and promotion.

She believes Kenya Airways can be a veritable partner, in the nanta driven vision to create jobs across and within Africa region through intra continental tourism initiatives.

Hafis Balogun, Country Manager, Kenya Airways who received nanta President and her delegation, praised the NANTA Africa to Africa Tourism Promotion campaign, noting that Kenya Airways, will partner with the association to give a different holiday experience to Nigerians and africans interested to visit Kenya.

Mr Balogun who conducted the nanta team round the office of Kenya Holidays, noted that the office, in response to the dreams and demand for holiday visits to Kenya, will in due course, roll out specific tourism products and to which nanta will be the driving force.

” We have taken note of the desire to rebrand and drive the Kenya Holidays with safari,beach shopping tourism products enabled agenda, and with your deserving collaboration, Kenya tourism would rebound fast.

At the victoria island Office of Ethiopian Airlines, Mrs Susan Akporiaye reiterated the need for intra African tourism rebirth and challenged the management to facilitate the promotion of Ethiopian religious tourism and its agricultural offerings.

Elated at the nanta Africa Tourism Promotion campaign, the General Manager, Nigeria of the biggest airline in Africa, Mr Shimeles Arage noted that the Ethiopian national carrier, has been in the forefront of african connectivity and integration, stating that the airline hauled across the world and africa, the covid 19 pandemic medical response equipment and other cargos which helped african businesses in particular, to remain afloat at the height of the pandemic.

“We shall collaborate with nanta on this laudable campaign and would do the needful in truely letting africans and Nigerians know more about Ethiopia tourism which I must admit, we have not given the true focal attention.'” Mr Arage added , informing that Nigerians would be amazed at the religious tourism offerings of northern Ethiopia which harbours the the ark of the covenant and other relics and highpoints of early christianity, not excluding the destinct aromatic ethiopian Coffee brand.

“We are with you on this amazing Africa to Africa tourism initiative” Mr Arage assured nanta President and her team which comprised of the lagos zonal vice President, Yinka Folami, national auditor, Yinka olapade and executive secretary, slyvester olobor.

Addressing Rwanda Air management, Mrs Susan Akporiaye stressed that Rwanda Air has shown capacity and discipline since bestriding the african aviation space, hence the need to be part of the nanta driven african tourism promotion agenda, particularly in showcasing its famed tourism infrastructural renewals and agricultural offerings.

Country manager, Rwanda Air, Muhamud Wayiga praised nanta for being in the forefront of the AFCFTA tourism buy-in, requesting the association to furnish him with Nigerian tourism products and destinations to enable the airline market Nigeria not only in Rwanda but in others countries where the airline has established presence.

” Am glad to receive you and your team today in Rwanda Air and in due course, I will visit your office which I understand is representative of your progressive impact.But we at Rwanda Air will like to know more about Nigeria, we want other people, our passengers to come to Nigeria and enjoy its hospitality, not just about promoting Rwanda alone, that is why am happy about this nanta initiative. Mr Wayiga stressed

Received in audience at the Egypt air by the management team led by General Manager, Mr Muharram Abdel Rahman, Financial Controller, Ayman Mohamed Hassan and Ahmed Rasaq, chief accountant, Mrs Susan Akporiaye, said Egypt air has the history and capacity to be at the forefront of nanta driven africa to Africa tourism and aviation collaboration.

” We at nanta is convinced that if Egypt air partners with us and put its strength in the pact, the people of the continent would be better for it” nanta president explained.

Responding, Mr Muharram Abdel Rahman noted that egypt is the oldest country in africa nay the world, is determined to put its strength and experience behind the nanta Africa Tourism Promotion campaign.

” First, let me congratulate you and your team for the good work you have done so far despite the impact of covid 19 pandemic. We at Egypt air salute your courage and for coming up with this initiative, we cannot but commend you for your foresight and open doors to deepen the african tourism economy” he enthused.

Mr Rahman explained that Egypt air can collaborate in areas of training, medical tourism, logistics and security and safety.

” We must admit that our visa regime is a bit confusing to Nigerians but we now have visa on arrival but the group tour regime is also difficult to sell in Nigeria unlike what is obtainable in Europe and America, where tourists, come to Egypt in groups and have seamless visits. Nigerians don’t like to travel in groups and so we wish to encourage group visits and we can support with visa procurement, thereby helping to facilitate visit Egypt holidays” Mr Rahman explained further.

To show instant commitment to the nanta Africa Tourism Promotion campaign, Mr Rahman noted that a meeting with Egyptian ambassador and Egypt holiday outfit, will be facilitated by the management of the airline as top priority.

Highpoint of the collaborative outreach is the setting up of a Committee by nanta and the collaborating airlines
to further enrich the vision and address possible cobwebs.

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Business

Fraud Allegations Against Us False – FirstBank

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The management of First Bank of Nigeria Limited has dismissed allegations of fraud reported against it in a recent publication by an online platform, Tech Cabal, describing the claims as baseless and unsupported by evidence.

In a corporate statement titled ‘Correction of Misleading Information Regarding Fraud Allegations,’ Olayinka Ijabiyi, the Acting Group Head of Marketing and Corporate Communications, addressed the issue on behalf of the bank.

“We have been made aware of a recent publication by Tech Cabal containing allegations of fraud involving our institution. We wish to categorically state that the story is entirely unfounded and not supported by any factual evidence,” Ijabiyi stated.

The bank reaffirmed its commitment to ethical practices and transparency, urging the public to disregard the allegations. It emphasized its dedication to maintaining trust with its customers and stakeholders while upholding its longstanding reputation as a leader in Nigeria’s financial sector.

First Bank reiterated its focus on delivering reliable and trustworthy banking services, dismissing the report as misleading and lacking merit.

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UBA Group to Commence Full Banking Operations in France

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As part of President Bola Ahmed Tinubu’s state visit to France, the Chairman of UBA Group, in the presence of President Tinubu and the President of France, Emmanuel Macron, signed a landmark business cooperation agreement with the French Finance Minister, Antoine Armand. The agreement is a significant indication of support by the French Government for the development of UBA’s full banking operations in France.

Speaking at the signing ceremony, Tony Elumelu, the Chairman of UBA Group commented:
”This partnership reinforces our commitment to seamless international banking services for our customers, not just across the 11 Francophone African countries we serve, but Africa as a whole; and French and European customers transacting with Africa. Expanding into France is a natural progression, with Paris serving as our European Union hub, as we continue to bring Africa and the world together, through innovative financial solutions. Paris will join London, New York and Dubai, as a critical component of our unique global network.”

United Bank for Africa is one of the largest employers in the financial sector on the African continent, with 25,000 employees group wide and serving over 45 million customers globally. Operating in twenty African countries and the United Kingdom, the United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting edge technology.

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Built to Last: UBA Set to Empower MSMEs with Wealth Management Strategies

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As part of its commitment to deepen the growth and sustainability of micro, small and medium-scale enterprises (MSMEs) on the continent, Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to host the last edition of its quarterly business series for the year.

This edition of the business series, “Profit with Purpose, Business Continuity,” will be held on Thursday, November 21st 2024, by 12 PM (noon) at the Tony Elumelu Amphitheatre, UBA House, Marina, Lagos and intending participants are expected to register via the Registration Link at https://ubagroup.zoom.us/webinar/register/WN_UG0EUWSLTZqu91jSMSih5w

The UBA Business Series is a regular seminar/workshop organised by the bank as capacity-building initiatives for small businesses, where leading business leaders and professionals share well-researched insights on relevant topics and best practices for running successful businesses, especially in a challenging business environment.

This edition seeks to showcase businesses that are resilient and have done well through generations, adapting to political and economic changes.

Renowned leaders from diverse industries, including a prominent lawyer, award winning film director, and producer, Bolanle Austen-Peters whose work has significantly impacted Nigerian Cinema, and theatre will headline this last quarter’ series. Her recent film House of GA’A has achieved a major milestone, reaching Netflix’s Global 10 list for indigenous language films.

Other prominent entrepreneurs who will be on ground to give insightful tips are, Founder and Chief Executive of Asadtek Group Limited, Ghana; Dr. James Asare-Adjei; Award winning TV Personality & Multi Media Entrepreneur, Frank Edoho, Celebrated multimedia personality, Toke Makinwa and founder of Nigeria’s pioneering indigenous premium coffee brand, Happy Coffee, Princess Adeyinka Tekena.

UBA’s Group Head, Retail and Digital Banking, Shamsideen Fashola who spoke on the upcoming workshop, said the vast knowledge and experience of the panellists, will give business owners more insight towards the importance of personal finance, wealth management and most importantly how to navigate the frailties of the harsh economy to ensure business growth.

“We know small businesses are vital to the growth and advancement of every economy, that is why at UBA, we constantly look for ways of ensuring that these business owners and operators are well-equipped to grow their businesses successfully,” he said.

“This edition provides a platform for SMEs to learn from experienced entrepreneurs who have built and sustained businesses through the decades.

“Hearing their stories and strategies will be invaluable for any business owner looking to build a lasting enterprise,” Fashola said.

Also speaking ahead of the event, UBA’s Group Head, Marketing & Corporate Communications, Alero Ladipo, noted that the business series is an invaluable learning opportunity, targeted at helping young and aspiring entrepreneurs scale up their businesses.

Ladipo further said, “At UBA, we are committed to empowering businesses of all sizes, and this business series is one way we are fulfilling that commitment.

“To this end, we have assembled an esteemed panel of speakers who will share their wealth of experience and insights on building a generational business. This is a must-attend event for anyone serious about the long-term success of their enterprise,” she said.

United Bank for Africa Plc is a leading Pan-African financial institution, offering banking services to more than forty-five million customers, across 1,000 business offices and customer touch points in 20 African countries. With presence in New York, London, Paris and Dubai, UBA is connecting people and businesses across Africa through retail, commercial and corporate banking, innovative cross-border payments and remittances, trade finance and ancillary banking services.

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