The deal for Qatar Airways to buy shares in RwandAir is said to be at an advanced stage. FILE PHOTO | NMG
What you need to know:
Experts say the move by Qatar to buy shares in RwandAir could enable it to solidify its presence in the African market.
Although the details are scanty, sources say the deal is at an advanced stage, with institutions from both carriers fast-tracking all the necessary processes to conclude it.
Although it is still making losses, RwandAir has been expanding over the past decade, due to financial injections from the government.