By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Independent News ExpressIndependent News Express
  • Home
  • International
    InternationalShow More
    United Nations
    4th International Conference On Financing For Development Delivers Renewed Hope And Action For Sustainable Development
    1 week ago
    The African Development Bank and the United Nations Human Settlements Programme (UN-Habitat) scale up drive for sustainable urbanization in Africa
    AfDB, UN-Habitat Scale Up Drive For Sustainable Urbanisation In Africa
    1 week ago
    UN
    North Africa: Green Climate Fund Approves Record $300m For FAO-designed Projects In Papua New Guinea, Saint Lucia, The Sahel
    2 weeks ago
    UNICEF
    How Wars Across Middle East, North Africa Affecting Children – UNICEF
    2 weeks ago
    UNDP
    UN Development Programme Welcomes Historic Deal On Sustainable Development Even Amidst Global Turmoil
    2 weeks ago
  • Africa
    Africa
    Show More
    Top News
    UN Women Kenya Trains Motorcycle Taxi Operators
    3 years ago
    Nigeria To Host Sahel Climate Fund Secretariat
    2 years ago
    African Editors Vow Not To Sit Aloof As Climate Crisis Bites Harder
    2 years ago
    Latest News
    At Gender Statistics Forum, African Leaders Urge Renewed Commitment To Quality Gender Data
    6 days ago
    Ooni’s Wife, Olori Temitope Enitan-Ogunwusi Takes Ile Ife Royalty To ADWIN Launch In Cote d’Ivoire
    1 month ago
    Independent UN Body Finds Systemic Racism Against Africans And People Of African Descent
    1 month ago
    Public Exit: Why South Africa Businesses Are Moving To Private Cloud
    1 month ago
  • Corporate News
    • Media Outreach
  • Politics
    Politics
    Show More
    Top News
    Impunity, Insecurity Threaten Nigeria’s General Elections
    2 years ago
    Warri South Leaders Seek Review Of Delta South Senatorial Election Result
    2 years ago
    Obasa Returns As Speaker, Lagos House Of Assembly
    2 years ago
    Latest News
    Lagos LG Poll: APC’s Osagie Daniel Coasting Home To Victory In Amuwo Odofin’s Ward K
    12 hours ago
    Lagos LG Poll: I’ll Bring Government Closer To The People – APC Aspirant
    2 days ago
    Lagos LG Poll: Tunde Disco/Ganiyu Obasa Intensify Campaign In Agege
    2 weeks ago
    PHOTOS: Vinod Obasa Joins Other Lagos APC LG Candidates At Sanwo-Olu’s Reception
    3 weeks ago
  • News
    • Agriculture
    • Breaking News
    • Tech
    • Maritime
    • Crime
    • Art & Culture
    News
    Show More
    Top News
    Ondo Governor, Akeredolu Begins Construction Of First Flyover In Akure
    2 years ago
    Celebration Of Life: Reverend Adewumi Jegede Of Later House Of God Assembly Buried Amid Pomp
    1 year ago
    Pa Abdulfatah Amoo Ayanwale
    Pa Ayanwale Dies At 76, Fidau Prayers Holds 8 August
    2 years ago
    Latest News
    She Was an Amazon Who Left Indelible Marks — Ayorinde Pays Tribute to Late Ambassador Adefope
    5 days ago
    IMSUAA 2025 Convention Mascot: A Symbol Of Love, Unity And Cultural Diversity
    6 days ago
    Lagos Hosts Groundbreaking Revenue Recovery Summit
    6 days ago
    CFE Foundation Seeks Sponsors to Sustain Humanitarian Programs Amidst Funding Challenges
    1 week ago
  • Entertainment
    • Comedy
    • Movies
    • Music
    • Television
    • Concert & Events
    Entertainment
    Show More
    Top News
    Big Brother Naija & 6 Other Reasons To Stay Connected To Your GOtv 
    3 years ago
    Big Brother Titans: 22 Titans Left To Battle For The Ultimate Prize
    2 years ago
    Meet Nigerian Idol Season 8 Top 10 Contestants 
    2 years ago
    Latest News
    Purp vs Raymu: Who Will Be Crowned The Next Nigerian Idol?
    5 days ago
    Local Content Powers African Dreams
    1 week ago
    The Drama Returns As BBNaija ‘No Loose Guard’ Reunion Premieres June 23
    3 weeks ago
    You Can’t Fake it — James Omekwe On MultiChoice’s Impact On African Filmmaking
    1 month ago
  • Lifestyle
    • Fashion
    • Love & Life
    • Food & Drink
    • Travel & Tourism
    • Relationship
    • Sex
    Lifestyle
    Show More
    Top News
    Ooni Of Ife’s Delegation In Brazil, Witnesses  Minister Of Human Rights Inauguration
    3 years ago
    Kida, Ejidike Felicitate With Nigerians On Christmas And New Year Celebrations 
    3 years ago
    Heritage Confectionery
    ADICC set for Irish African Food Festival
    11 months ago
    Latest News
    Noble Call to Service: Inside the Induction of 104 New Knights of St. Mulumba
    4 weeks ago
    Joining The Knighthood Brings You Closer To God -Sir Eva Njemanze
    4 weeks ago
    Africa Tech Festival Unveils Strategic Themes For 2025 Event,
    1 month ago
    Lagos SWAN Joins UN To Celebrate World Nutrition Month At Unilag Confab
    2 months ago
  • Business
    • Banking & Finance
    • Oil & Gas
    BusinessShow More
    Petralon's Nigerian Drilling Campaign to Boost Offshore Oil Output
    Petralon’s Nigerian Drilling Campaign To Boost Offshore Oil Output
    5 days ago
    Year 2025
    How Nigeria Can Unleash Its Economic Potential – IMF
    6 days ago
    GTCO Plc Becomes 1st West Africa’s Financial Services Institution To Achieve Listing And Trading Of Its Ordinary Shares On London Stock Exchange
    6 days ago
    Unity Bank
    Unity Bank Empowers Young Entrepreneurs With ₦16M Business Grant
    1 week ago
    NNPCL Board Accused Of Planning Lavish Party In Rwanda Amidst N210tn Financial Scandal
    3 weeks ago
  • Health
    Health
    Show More
    Top News
    In Ghana, Demands For Body Enhancement Surgeries On The Rise
    2 years ago
    Women And Men Mistakenly Given Different Advice To Prevent Heart Disease
    3 years ago
    FIND Welcomes Adoption Of Historic WHO Assembly Resolution On Diagnostics
    2 years ago
    Latest News
    SSB Tax: Industry Actors, Paid Mouthpieces Slammed Over Campaign To Stop CAPPA
    4 days ago
    CAPPA Warns Nigerians On Excessive Consumption Of Sugar-sweetened Beverages, Says Nigeria Is In The Throes Of Public Health Crisis
    5 days ago
    Rising Non-communicable Diseases: WHO Wants Higher Taxes For Sugary Drinks, Alcohol, Tobacco
    1 week ago
    Online Education Can Enhance Clinical Guideline Use By Over 50% 
    4 weeks ago
  • More
    • Sports
    • Aviation/Transportation
    • Deliverance Hour
    • Industry & Labour
    • Insurance
    • Interview
    • Judiciary
    • Metro
    • Opinion
    • Property
    • Religious
    • Romance
    • Science & Discovery
Reading: Dangote Recounts Investors’ Bad Experience With AU Passports In Some African Nations
Share
Notification Show More
Aa
Independent News ExpressIndependent News Express
Aa
  • Home
  • International
  • Africa
  • Corporate News
  • Politics
  • News
  • Entertainment
  • Lifestyle
  • Business
  • Health
  • More
Search
  • Home
  • International
  • Africa
  • Corporate News
    • Media Outreach
  • Politics
  • News
    • Agriculture
    • Breaking News
    • Tech
    • Maritime
    • Crime
    • Art & Culture
  • Entertainment
    • Comedy
    • Movies
    • Music
    • Television
    • Concert & Events
  • Lifestyle
    • Fashion
    • Love & Life
    • Food & Drink
    • Travel & Tourism
    • Relationship
    • Sex
  • Business
    • Banking & Finance
    • Oil & Gas
  • Health
  • More
    • Sports
    • Aviation/Transportation
    • Deliverance Hour
    • Industry & Labour
    • Insurance
    • Interview
    • Judiciary
    • Metro
    • Opinion
    • Property
    • Religious
    • Romance
    • Science & Discovery
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Independent News Express > Blog > Africa > Dangote Recounts Investors’ Bad Experience With AU Passports In Some African Nations
Africa

Dangote Recounts Investors’ Bad Experience With AU Passports In Some African Nations

Last updated: 2023/06/22 at 12:23 PM
2 years ago
Share
SHARE

Some countries in Africa are still not granting easy entry and exit for holders of specialised passports issued by the African Union (AU).

This is nearly seven years after the introduction of the Africa-wide passport which is meant to remove restrictions on Africans’ ability to travel, work, trade and live within the 54 countries on the continent.

The phenomenon is not only impacting negatively on the free movement of persons but has also failed to boost intra-African trade and investment opportunities for many African countries.

Suffering the brunt of the ineffective Africa-wide passport in three African countries, Nigerian businessman and industrialist, Aliko Dangote, who made this known at a session of the 30th Annual General Meeting (AGM) of the Afreximbank in Accra, said the situation was unfair especially when those countries give access to holders of passports issued by the European Union (EU) and the United Kingdom (UK).

- Advertisement -
Ad imageAd image

Sharing personal experience

Recounting a personal experience, the industrialist decried a situation where “I have the AU passport which allows people to move around in the continent but until now there are about three countries who still do not agree to the usage of those passports.

“We go with a British guy or maybe a Nigerian holding a British passport (and) he is allowed in that country, but we are still arguing and debating about my visa and I am the one with the money. If you are making life difficult for me, there is no way I will go and invest in your country.”

Show commitment

The Chairman and Chief Executive Officer (CEO) of the Dangote Group, the largest industrial conglomerate in West Africa said it was difficult to understand why some of the countries in Africa still deny holders of the African passport entry.

He said this was in spite of the fact that the passport was supposed to ensure free movement of African citizens and goods through the union’s 54 member states.

He said there was a need for countries in the continent to show more commitment to boost intra-African trade and investment opportunities, by supporting visas on arrival for Africans.

He explained that the countries must be deliberate in liberalising integration and allow for easy entry and exit of Africans to facilitate trade.

“For me, this is the right step to help boost inter-and intra-African trade as well as investment opportunities in the continent,” he said.

“When we were investing all over Africa, we invested about $620 million in South Africa and then Angola reached out to us to channel some of our investment towards its direction but we denied them because securing visa to that country was difficult for Africans,” he said.

Free trade

Mr Dangote noted that while countries were putting stringent measures to deny access to legitimate investors, smugglers were using the porous land borders to prior their trade.

“Smugglers do not use visas, they come through the land borders but me that I am legitimate and want to invest you are harassing me. The smugglers are having free trade through the land borders as we speak,” he said.

He said after Saudi Arabia took steps to streamline their visa processes and procedures it has opened the country’s economy and now its citizens are now benefiting from tourist arrivals.

He added that the continent needs a united front to implement the African Continental Free Trade Area (AfCFTA) agreement to be able to create the largest free trade area in the world measured by the number of countries participating.

Source: Graphic Online

You Might Also Like

At Gender Statistics Forum, African Leaders Urge Renewed Commitment To Quality Gender Data

Ooni’s Wife, Olori Temitope Enitan-Ogunwusi Takes Ile Ife Royalty To ADWIN Launch In Cote d’Ivoire

Independent UN Body Finds Systemic Racism Against Africans And People Of African Descent

Public Exit: Why South Africa Businesses Are Moving To Private Cloud

Cameroon Tops List Of World’s Most Neglected Displacement Crises

TAGGED: AU Passports
INadminNG June 22, 2023 June 22, 2023
Share This Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Print
Previous Article DRINKING IT ALL IN: Beverage Trends In Africa
Next Article Hi-Life Fest: Four Contestants Set To Battle for the Crown, N50m At Grand Finale
about us

Independent News Express (iNews Express), a publication of 4Ds Nigeria Limited, is birthed out of the desires of the founding fathers to report News as it is.

We value Professionalism, Excellence, Service, Creativity and Integrity.

The Company

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy

Quick Links

  • Advertise with us
  • Newsletters
  • Deal

Categories

Find Us on Socials

© Independent News Express. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?