The African Union launched the Single African Air Transport Market on the 28 January 2018 on the margins of the African Union Summit in Addis Ababa, Ethiopia.
The Single African Air Transport Market (SAATM) is a flagship project of the African Union Agenda 2063, an initiative of the African Union to create a single unified air transport market in Africa, the liberalization of civil aviation in Africa and as an impetus to the Continent’s economic integration agenda.
The Declaration on the establishment of a Single Africa Air Transport Market, as a flagship project of the AU Agenda 2063 was adopted by the African Union (AU) Assembly in 2015. Eleven AU Member States have made a commitment to implement the Yamoussoukro Decision of 1999 that provides for full liberalization in terms of market access between African States, the free exercise of traffic rights, the elimination of restrictions on ownership and the full liberalization of frequencies, fares and capacities.
Source: African Union
Financing for Development in Africa 