The 97Fund, a Ugandan based Open-end Investment Vehicle (HoldCo) that invests in high growth early-stage companies in Africa and managed by Ortus Africa Capital, has launched a $1 Million COVID-19 Relief Fund (the “Fund”).
Africa Industry Tourism Wellness

Fund to bail out small businesses affected by COVID 19 launched

The 97Fund, a Ugandan based Open-end Investment Vehicle (HoldCo) that invests in high growth early-stage companies in Africa and managed by Ortus Africa Capital, has launched a $1 Million COVID-19 Relief Fund (the “Fund”). The Relief Fund targets companies responding to the pandemic in the business model sectors of healthcare, tourism, education, finance, New Ways […]

Africa Industry Tourism

Kenya Airways Resumes International Passenger Flights To 30 Destinations

Kenya Airways resumes international flights to 30 destinations across Africa, Europe, and the Middle East  Nairobi, 30 July 2020 – Kenya Airways (KQ) will be resuming its international passenger services on Saturday 1 August 2020 following the easing of movement restrictions as directed by H.E President Uhuru Kenyatta. The first international flights on 1st August […]

Following the UAE Federal Government's announcement to lift restrictions on transit passengers services, from 15th June Emirates will offer passenger services to 16 more cities on its Boeing 777-300ER aircraft.
Industry Tourism Travel

Emirates resumes passenger flights across 29 cities

Following the UAE Federal Government’s announcement to lift restrictions on transit passengers services, from 15th June Emirates will offer passenger services to 16 more cities on its Boeing 777-300ER aircraft. With travel restrictions remaining in place in most countries, customers are reminded to check entry and exit requirements before their journeys. Flights to the following […]

Air Transport is and survives by being the arteries of the world at large and particularly of tourism and international trade.
Industry Investment Tourism Travel

COVID 19: Why Saving National Airlines is worth the investment

Air Transport is and survives by being the arteries of the world at large and particularly of tourism and international trade. It represents and thrives by being the wings that enable individuals, entities, private and community sectors to connect nationally, regionally, and globally and to reach their various objectives and higher altitudes of success. Airlines […]

The International Civil Aviation Organisation popularly referred to as ICAO has issued its first complete 2020 air passenger forecast study, revealing that airlines may be faced with 1.5 billion fewer international air travellers this year.
Industry Leisure Tourism Travel

ICAO expects global air travel to reduce by 1.5b passengers, loss of $273 billion

The International Civil Aviation Organisation popularly referred to as ICAO has issued its first complete 2020 air passenger forecast study, revealing that airlines may be faced with 1.5 billion fewer international air travellers this year. In parallel, international seat capacity could drop by almost three-quarters, resulting in a 273 billion dollar loss compared to previously […]