Human Capital Investment Boosts Customs Efficiency in West and Central Africa

Human Capital Investment Boosts Customs Efficiency in West and Central Africa

The 9th Conference of Heads of Human Resource Management and Training of Customs Administrations of West and Central Africa was held in Ouagadougou, themed "Investing in Human Capital, Driving Performance." Representatives from 11 countries gathered to discuss human resource management reforms and drafted the "Ouagadougou Declaration," emphasizing strategic human resource management, investment in capacity building, and the importance of regional cooperation. Participants expressed gratitude for the World Customs Organization's support and looked forward to continued collaboration.

Exploring Nukualofa The Capital of Tonga and the Importance of Its Port

Exploring Nukualofa The Capital of Tonga and the Importance of Its Port

Nuku'alofa, the capital of Tonga, boasts a rich historical culture and a thriving port economy. The port can accommodate ships of up to 10,000 tons, linking the South Pacific with New Zealand and exporting products like copra and bananas, showcasing local crafts and culture. This monarchic city attracts people to explore and reflect upon its relaxed lifestyle and abundant historical sites.

Ethiopias Bole Airport Strengthens Global Aviation Role

Ethiopias Bole Airport Strengthens Global Aviation Role

Bole International Airport (IATA code: ADD) is a vital aviation hub in the capital of Ethiopia, offering numerous international routes and high-quality services. With its convenient transportation and continually improving facilities, it connects destinations around the world and serves as an important gateway to Africa.

Cairo Airport Expands as Africa's Key Aviation Hub

Cairo Airport Expands as Africa's Key Aviation Hub

Cairo International Airport is a key air hub in the capital of Egypt, featuring a rich history and modern facilities. The airport consists of three terminals that cater to both domestic and international routes, serving multiple international airlines. It is one of the busiest airports in Africa, offering high-quality aviation services and ensuring passenger safety.

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Global Airline Profit Margins to Reach 39 by 2026

Global Airline Profit Margins to Reach 39 by 2026

The International Air Transport Association (IATA) forecasts stabilizing global airline profitability despite supply chain challenges, projecting a 3.9% net profit margin by 2026. The report highlights passenger and cargo volume growth, but notes that returns on invested capital remain below the cost of capital. The industry is calling for a rebalancing of the value chain, reduced regulatory burdens, and improved efficiency to enhance profitability and sustainability in the long term. This includes addressing infrastructure constraints and streamlining operational processes.