KQ has lowered its fundraising target from $2 billion as it prepares to launch an international search for a strategic investor.
By
Kepha Muiruri
Business Reporter
Nation Media Group
National carrier Kenya Airways is seeking to raise at least $1.5 billion (Sh194.4 billion) from a strategic investor to be selected through an international tender expected to open in the coming months.
The national carrier is also eyeing $1.5 billion (Sh194 billion) in fresh capital injection by March next year to fund its…
The non-payment of interest has contributed to the airline’s debt owed to the government growing to Sh131.4 billion in the year…
The airline’s staff reached 5,672 from 5,242 staff at the end of 2024 as the carrier added 67 permanent employees and 363…
The logistics firm is seeking fresh capital from shareholders as it pivots into property development and battles persistent…
The dispute pits the national carrier against Digital Mara Media.
Kenya’s aviation sector is abuzz with activity amid upgrades to the main Jomo Kenyatta International Airport(JKIA) and maneuvers…
