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Published:
Last Updated:
14 Oct 2019

Kenya: Kenya Airways

PPP Brief

In 1995, IFC successfully advised the Government of Kenya on the privatization of Kenya Airways. After selling 26 percent of the airline to a strategic partner, the frequency of the airline’s flights grew by 61 percent in six years, developing Nairobi into a regional hub. The sale was completed in December 1995 and the public offering in April 1996. The airline has been profitable ever since.

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