Category: Business

Business

Nigerian Airline, Boeing Announce Largest Aircraft Deal in Africa to Date

Nigeria’s Green Africa Airways is off to a flying start with the launch of its commercial operations, thanks to a commitment for the world’s largest aircraft manufacturer. Boeing and the Lagos-based airline inked an $11.7 billion deal for up to 100 737 MAX 8 aircraft, evenly split into 50 firm aircraft and 50 options, Boeing announced in a Dec. 21 press release. The agreement is the largest aircraft deal for the African continent to date.

Continue reading “Nigerian Airline, Boeing Announce Largest Aircraft Deal in Africa to Date” →

Business

Kenyans in the US Sent Home $1.17 billion in 10 Months to October 2018

Kenyans living and working in the United States contributed the lion’s share of the total diaspora remittances in 2018. Latest data from the Central Bank of Kenya (CBK) shows that Kenyans in the US sent home $1.17 billion (Sh119.9 billion) in 10 months to October 2018 according to this report from mwakilishi.com Continue reading “Kenyans in the US Sent Home $1.17 billion in 10 Months to October 2018” →

Business

Kenya markets new Nairobi-New York route at New York Marathon

Using the huge Kenya contingent of elite participants and the global platform of the annual New York Marathon, the Kenyan Tourism Board stepped upped efforts to market of the recently inaugurated Nairobi-New York route by Kenya Airways. Continue reading “Kenya markets new Nairobi-New York route at New York Marathon” →