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The package consists of a $32 million line of credit from the AfDB and an additional $8 million in parallel financing from the Africa Growing Together Fund.

AfDB approves $40 mn package for Angola’s BMA to support SMEs

Our Correspondent30 April 2020 5:36 PM IST

The African Development Bank (AfDB) on 15 April approved a $40 million financial package to support Angola’s Banco Millennium Atlântico (BMA) to...

Astral Aviation CEO Sanjeev Gadhia

Lower jet fuel price doesn’t mean win-win situation for airlines: Astral CEO

Shalini Nair11 April 2020 2:38 PM IST

The pandemic and the oil-price shock are likely to tip Africa into an economic contraction in 2020, in the absence of a major fiscal stimulus.

TAAG is committed to re-spark exports from South Africa as soon as possible.

TAAG Angola finds opportunity during lockdown to strategise exports to Brazil

Our Correspondent28 March 2020 6:30 PM IST

SAA's business rescue practitioners declared last week that the bankrupt airline would be cancelling all of its domestic routes by the end of February.

South Africa’s Airlink to continue operations on abandoned SAA routes after Feb 29

Our Correspondent10 Feb 2020 5:21 PM IST

Shippers will benefit from a more intuitive experience when generating international shipments with helpful information related to cross-border trade and paperwork managed in a streamlined process.

UPS simplifies shipping with portal upgrade in 23 African countries for SMBs

Our Correspondent1 Feb 2020 6:59 PM IST

In Eastern Africa, Qatar Airways fly daily to Entebbe in Uganda, using a B787 and additional capacity is planned in 2020 when several of the weekly flights routing via Kigali will be delinked and become a direct turnaround service.

Accra, Luanda soon to join Qatar Airways network

Our Correspondent16 Jan 2020 5:38 PM IST

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