Sharp Daily
No Result
View All Result
Wednesday, August 13, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

African Development Bank backs new Kigali Aviation Training hub with $23.6 million

Judd Mutua by Judd Mutua
October 25, 2023
in News
Reading Time: 2 mins read

African Development Bank Group has approved a USD 23.6 million loan for the establishment of an aviation training facility in Kigali, Rwanda.

The facility to be known as the Centre of Excellence for Aviation Skills (CEAS), will engage in strategic partnerships with higher learning institutions with the aim of producing a highly skilled workforce that can meet global aviation training standards and address industry demands.

Read more: Lending rates continue upward climb, raising risks for borrowers

Nnenna Nwabufo, the Bank’s Director General for East Africa, emphasized the centers’ importance in Rwanda and across East Africa stating. “Overall, the project aligns with the Bank’s Skills for Employability and Productivity in Africa Action Plan, which stipulates ways of elevating the skills level of Africa’s workforce,”

RELATEDPOSTS

Rwanda suspends development cooperation with Belgium over political interference

February 19, 2025

Kagame wins re-election with 99.15% of the vote

July 16, 2024

The Centre will admit its first cohort of students in 2025 when it reaches partial operational status, it will offer comprehensive training programs covering pilots, maintenance crews, and cabin crew. And in future will extend its offerings to encompass dispatch and ancillary courses, including those focused-on airport emergency operations services.

Beyond its core programs, the CEAS will also offer services including drone piloting training, flight simulator recurrent training, and specialized pilot training tailored for advanced missions.

It is estimated that the African aviation industry will demand more than 50,000 aviation professionals in the next two decades, this includes 15,000 pilots, 17,000 technicians, and 23,000 cabin crew members.

“There is a diversity of skilled and sustainable employment in the aviation industry that should be on the radar of Africa’s youth. We aim to scale up the infrastructure needed to increase access to the aviation sector skills training to succeed in securing decent jobs,” This according to Dr. Martha Phiri, the Bank’s Director for Human Capital, Youth, and Skills Development

Read more: Saudi Arabia seeks to strengthen African ties through Kenyan investments

This project aligns with Rwanda’s ambitions to become a prominent regional aviation hub and attract international investment within the aviation sector in line with the country’s vision 2050.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

The evolving world of private equity: Risks, rewards and shifting strategies

Next Post

China Square to open second store at Waterfront Karen

Judd Mutua

Judd Mutua

Judd Mutua is a journalist with wide ranging interests ranging from the world of finance to the latest in tech and business news. Off duty you can find him reading his favorite books and manga. Send tips via jmutua@thesharpdaily.com

Related Posts

commercial illustrator
News

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025
Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025
Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025
Economy

Resilient but strained: Kenyan firms speak out in May 2025 CEO survey.

June 19, 2025

LATEST STORIES

Segregated Pension Schemes in Kenya Q2’2025 Performance

August 8, 2025
Asset allocation dividing an investment portfolio among different asset categories.

Building a Retirement Portfolio in Kenya

August 8, 2025

Steps banks can take to align with fair lending practices

August 7, 2025

The hidden cost of outdated economic statistics

August 7, 2025

EABL posts 12.2% profit surge, strengthens regional footprint despite rising illicit trade

August 1, 2025
1049795356

Maximizing Your Pension Contributions

August 1, 2025

The functional role of narrative in financial markets

August 1, 2025

Tanzania’s protectionist shift and what it means for Kenyan entrepreneurs and regional trade

July 31, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024