African budget carrier Fastjet has detailed plans to raise at least another £11 million ($18.4 million) through the issue of 687.5 million new shares by April 15, as it struggles to gain momentum and stem losses from its legacy Fly540 regional operations. As part of Fastjet’s latest funding drive, easyGroup has agreed to waive its consultancy fees in return for £1.51 million in new shares, while easyGroup IP Licensing will invest a further £1 million in cash. Fastjet ...

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