Qatar Airways agreed to purchase a 49% stake in Rwanda’s national carrier, Rwandair.
The Middle eastern carrier is investing in Rwandair, after taking a majority holding in the African country’s new airport, Bugesera International Airport, located south of the capital Kigali,
The Qatar Airline acquired 60% stake in the new to be build $1.3 billion airport facility to step up its presence in the African region.
“It will be a very efficient hub in a very stable country in the heart of Africa,” Qatar CEO Al Baker said. “And we’re going to take a stake in their national carrier because we see that Africa is another region that has huge growth potential.”