VistaJet, the world’s first and only global business aviation company, has reaffirmed its long-standing commitment to connecting the international investor community with markets in East and South Africa. This commitment was highlighted during its VistaJet East and South Africa Static Display Roadshow. Given their status as leading centers for economic development and innovation, Cape Town, Johannesburg, and Nairobi were selected as the host cities for the end-of-year Static Display Roadshow in the region.
After a successful inaugural roadshow in West Africa during the second quarter of 2024, VistaJet continued to expand the company’s offering focused on Africa. VistaJet has significantly enhanced its offerings in Africa, achieving a remarkable 103% increase in New Program Hours Sold and a 29% rise in total hours flown across the continent in the first half of 2024.
Commenting on VistaJet’s commitment to business in Africa, Phillippe Scalabrini, VistaJet’s President of Europe and Africa, said: “Building on VistaJet’s substantial growth in the region, the East and South Africa Roadshow is a vital part of our strategy to serve as a logistics and aviation partner that supports the success of the African Continental Free Trade Agreement. VistaJet is dedicated to playing a crucial role in connecting global funding to these regions’ economic and entrepreneurial opportunities, as Africa offers significant growth potential for international ventures. We showcased our Global 7500 aircraft to link these regions with the rest of the world and facilitate unlocking this growth potential, to support the region’s economic development further.”
VistaJet provided a valuable opportunity to connect with key media representatives and private stakeholders during the roadshow. The company reaffirmed its offerings during these events and showcased the Global 7500 aircraft. This aircraft is designed to provide up to 17 hours of non-stop global connectivity, effectively linking Africa with the rest of the world. VistaJet is dedicated to meet the growing demand for reliable and efficient business aviation in Africa.
Africa Fact: Africans pioneered basic arithmetic 25,000 years ago. The Ishango bone is a tool handle with notches carved into it found in the Ishango region of Zaïre (now called Congo) near Lake Edward. The bone tool was originally thought to have been over 8,000 years old, but a more sensitive recent dating has given dates of 25,000 years old. On the tool are 3 rows of notches. Row 1 shows three notches carved next to six, four carved next to eight, ten carved next to two fives and finally a seven. The 3 and 6, 4 and 8, and 10 and 5, represent the process of doubling. Row 2 shows eleven notches carved next to twenty-one notches, and nineteen notches carved next to nine notches. This represents 10 + 1, 20 + 1, 20 – 1 and 10 – 1. Finally, Row 3 shows eleven notches, thirteen notches, seventeen notches and nineteen notches. 11, 13, 17 and 19 are the prime numbers between 10 and 20.
I think the critical point, really, is that we need to focus black economic empowerment more on the creation of new wealth rather than on these big deals that have been characteristic of this process in the past, of people going to banks, borrowing a lot of money, buying this and when the shares don’t perform very well, the shares go back to the banks, because there’s other people who own this anyway. I think we need to re-focus it so that it really does impact on growth, new investment, new employment and a general, better spread of wealth in South Africa.”
~Thabo Mbeki
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