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RwandAir is about to get an Emirati Touch

RwandAir is about to get an Emirati Touch

RwandAir expects Qatar Airways to finalise its purchase of a major stake in the central African country’s carrier as early as next month, chief executive Yvonne Makolo told the Financial Times. For the past five years, Qatar and Rwanda have been working on a deal which would give the Gulf nation’s airline a 49% stake […]

Seven Airlines Currently Operate the Most Flights between the US and Africa

Seven Airlines Currently Operate the Most Flights between the US and Africa

The number of flights between the US and Africa is growing every year. Increased global trade, tourism, and migration have necessitated more robust air connectivity. Today, the route between America and Africa is served by several major airlines. According to Cirium, seven airlines offered a total of 957 flights and 262,437 seats in June 2024. […]

Politicians are Considering Mauritius’ Economic Direction

Politicians are Considering Mauritius’ Economic Direction

For the last two decades, the country’s economic growth has depended heavily on its offshore sector – the provision of financial services by banks to foreign firms. As an isolated country located in the south-western Indian Ocean, Mauritius has linked itself to global financial sectors by easing the flow of capital into and out of […]

Ghana and Bondholders Reach Agreement 

Ghana and Bondholders Reach Agreement 

Accra has reached an agreement in principle with its bondholders for the restructuring of $13 billion worth of international debt. The deal will see bondholders take a haircut on principal of up to 37% and maturity of the bonds lengthened. The West African gold and cocoa producing nation defaulted on most of its $30 billion […]

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