Kenya Airways confirmed it intends to raise additional capital “to finance its strategic future growth and expansion plans” and retained CFC Stanbic Bank as its financial adviser. KQ did not say how much it would raise or how. “At the moment we are unable to provide any additional information but the appropriate regulatory and shareholder approvals will be requested once decisions on the way forward are made,” said KQ Group MD and CEO Titus Naikuni. The rapidly ...

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