Flags are seen at the 2016 International Air Transport Association (IATA) Annual General Meeting (AGM) and World Air Transport Summit in Dublin, Ireland June 1, 2016. REUTERS/Clodagh Kilcoyne

$1.2 bn airline revenue blocked in Nigeria, other African countries, – IATA

The global airline industry has $1.2 billion blocked in nine dollar-strapped African countries, the International Air Transport Association (IATA) said on Monday. The global commodities price crash that began in 2014 hit economies across Africa hard, particularly big resource exporters such as Angola and Nigeria. Low oil and mineral prices have reduced government revenue and […]

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Eritrea’s capital added to UNESCO World Heritage list

Eritrean officials on Saturday claimed “victory” after the U.N. cultural agency unanimously decided to put the African nation’s capital city of Asmara on the UNESCO World Heritage list – the result of years of lobbying by one of the world’s most reclusive governments. The decision during a session of the UNESCO World Heritage Committee in […]

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