Kenya Airways (KQ) has reported a Ksh5.4 Billion ($39.9 million) profit for 2024-a record high in 11 years, overturning a loss of Ksh22.6 billion ($205.4 million) in 2023. This marks a $216.5 million (Ksh28 billion) turnaround, with revenue up six percent from $1.4 billion to $1.5 billion and passenger numbers rising four percent to 5.23…...
Trending
- Mohammed VI, Throne Day: “Morocco joins the category of countries with high human development”
- Burkina Faso: Financing of 3,935,742,000 FCFA for the solar power plant in Dédougou
- Senegal: 10.2% increase in total resources mobilized by the State in the first quarter of 2025
- Guinea Bissau: Public Treasury raises 13.750 billion XOF on the UEMOA financial market
- Ecobank’s operating ratio falls below 50%: a first in ten years
- BADEA signs a strategic agreement with Shelter Afrique in Nairobi
- Ivory Coast: Alassane Ouattara announces his candidacy for the 2025 presidential election
- AfDB unlocks $30 million to strengthen agricultural resilience in Benin
Kenya Airways rebounds to profitability after more than a decade in losses
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com