African aviation sector accounts for about nine per cent of aircraft accidents yearly and 37% of Aviation fatalities globally and these figures have been linked to poor infrastructure and policy implementation.

It is a situation that the African Development Bank (AfDB) and the International Air Transport Association (IATA) are collaborating to address.

The President of the AfDB, Akinwumi Adesina, told the News Agency of Nigeria in Abuja that though the aviation sector fared better in 2016, it still remains the riskiest skies to fly in.

According to him, agreement between AfDB and IATA would focus on ways to boost the African aviation sector to better serve the teeming populace.

"First is, we are very concerned about the issue of air safety.

MORE INTERESTING STORIES FOR FREE. DOWNLOAD BOUNCE NEWS APP HERE

"Africa, last year, did very well. It was one of the safest skies last year but it has not always been that way, so we are improving but that does not mean that we must actually rest on our oars on this.

"So one of the things that we will be focusing on in the collaboration with IATA is how to improve investments from the bank
and others on air navigation infrastructure, improving safety records and also making sure that we also improve the training facilities for the engineers, the air control traffic managers.

"We are also looking at how to help to de-risk the market for accessing finance for infrastructure, in particular, air craft
acquisition.

"So these are the broad terms of the things that we are going to be working on but our focus is to make the aviation industry more competitive; deregulate the sector and make it more efficient.

Also Read: Nigerians Deserve To Know Why Nigeria Airways Failed – Buhari

"Hopefully, also have financing that allows aircraft expansion to be able to cope with the rapidly increasing number of passengers that Africa needs and would have," he explained.

The agreement was signed on Tuesday in Abuja, on the sidelines of the International Civil Aviation Organisation’s (ICAO) World Aviation Forum.

The forum has as its theme: “Financing the Development of Aviation Infrastructure".

WATCH THE NEW AGE OF THE #DigitalRunsGirls