Home > News (Page 1465)
FeaturedNews

Kenya Government Takes Control of Kenya Airways in Debt Swap

Kenya’s government and domestic lenders agreed to convert $405.3 million of Kenya Airways Plc debt into equity, giving the state a controlling stake and diluting other shareholders including Air France-KLM, reports Bloomberg. The government, which has given Kenya Airways shilling and U.S.-dollar loans totalling $238.1 million, will increase its stake to

Read More
EntrepreneurshipFeaturedNews

African Business Community Commits To Invest In Skills For Job Creation

More than 400 representatives of youth, business, education practitioners and policy-making from 44 countries across the African continent as well as European partners have called for improving job perspectives of the African Youth through employment oriented education and skills development. The call was made at the recently concluded “Africa Talks

Read More