The government of Rwanda announced on May 21 the disbursement of $152 million to support the national airline -Rwandair- in this pandemic.
Up by $17 million from the initial plan, this financing should enable the company to sustain its cash flow, which has sharply declined since the suspension of scheduled flights on 19 March due to travel restrictions.
The crisis has forced the company to take drastic measures, including reducing staff salaries and suspending some service contracts. In the meantime, Rwandair has started providing cargo services to London, Brussels, and Guangzhou to earn some revenue.
In a May 19 tweet, the airline announced a further extension of the suspension of its scheduled flights. This measure, which is aimed at limiting the spread of the coronavirus, will remain in force until further notice.
Romuald Ngueyap
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...
EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...
Malian malaria researcher Abdoulaye Djimdé has been appointed to the U.N. Secretary-General’s Scientific Advisory Board. The body provides independent...
Sub-Saharan Africa recorded 7 aviation accidents in 2025, or 7.86 per million flights, down from 12.13 in 2024. Runway excursions and poorly classified...
DR Congo insurance regulator, SEGUCE sign deal to enforce import coverage Agreement integrates insurance certificates into digital trade documentation...
Ghana’s Tema Oil Refinery cannot process crude from the Jubilee oil field due to technical limits. The country exports part of its crude to foreign...
Paris exhibition showcases Brazilian painter Gonçalo Ivo’s Africa-inspired works Show runs March 20-July 9 at La Maison Gacha Exhibition...
Located about forty kilometers east of Lomé along the Gulf of Guinea, Aného is one of the most historically significant towns in Togo. Nestled between a...