The Government of Burkina Faso, in its most recent Council of Ministers meeting held in late July, has resolved to hold talks with the Aga Khan Fund for Economic Development (AKFED) & Industrial Promotion Services (IPS), the majority shareholder in Air Burkina (2J), regarding its future.
Monday, August 26, 2013
Wednesday, June 5, 2013
Aérienne de Participation-Côte d'Ivoire, the holding company for the Aga Khan Fund for Economic Development (AKFED), has announced that it is to sell off its 15% shareholding in Ivorian carrier, Air Cote d’Ivoire (HF). The move comes as Air Cote d’Ivoire is planning to boost its capital base from USD4.92million (XAF2.5billion) to USD49.2million (XAF25billion) effective today, Wednesday June 5.
Saturday, January 12, 2013
■ BURUNDI: Lack of political, legal will sabotaging the privatization of Air Burundi, Civil aviation authority.
Bureaucratic infighting and legal nit picking are amongst the causes of the Burundian government's ongoing battles to reorganize and in some cases, privatize, its ailing civil aviation industry.
Wednesday, December 26, 2012
Celestair Group's Malian subsidiary, Air Mali (I5), as result of the ongoing political and economic crisis in Mali, has suspended operations for nine months effective 24 December 2012.