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 of RwandAir for an undisclosed sum. Qatar Airways in 2019 took a 60% stake in a new $1.3 billion international airport being built in Rwanda and has code share agreements with several airlines in Africa including RwandAir.

FT