Kenya Airways (KQ as IATA code) is seeking to finalize projects to raise approximately $500 million in additional capital to expand and enhance its fleet by the first quarter of next year, the airline announced on Tuesday, August 26. According to the company’s CEO, Allan Kilavuka, 33% of KQ’s wide-body aircraft have been grounded during…...
Trending
- Kenya Airways: Habil Waswani appointed interim CEO
- Moody’s Downgrade: Senegal Facing the Urgency to Reinvent its Financing Model
- Alan acquires Senegalese company Tanel
- DRC: Sofibanque increases its total assets to 1.44 billion USD in 2025
- Guinea: Kox Gomba replaces Chris Aitchison as head of Rio Tinto Simandou
- Egypt: Banque Misr UAE targeted by a proposal for American sanctions
- Edition: The dividend payment date for the company NEI-CEDA set for September 10, 2026
- Zimbabwe: President’s daughter-in-law arrested with morphine and 9 million dollars
Kenya Airways aims to raise $500 million to strengthen its fleet
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