🇰🇪 Kenya approves $350 million shareholder financing for Kenya Airways

Kenya's cabinet has approved $350 million in shareholder financing for Kenya Airways to help the airline meet urgent financial obligations, according to President William Ruto's office on Friday.

Kenya Airways is the country's flag carrier, and the approval signals fresh state-backed support for the airline's near-term financing needs.

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🔸 Source

@africaintel