Qatar takes major stake in Rwandan Airport

London, April 27, 2019 (AltAfrica)-Qatar is expected to become a major investor in Rwanda’s Bugesera Airport after both countries signed an agreement to bolster aviation investments and co-operation.

The Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, was in Kigali this past week on a three-day tour where he held talks with President Paul Kagame. This came at a time when Qatari investments in the region are increasing.

The two countries signed agreements in aviation travel and logistics, culture, sports and tourism and business events.

The Emir of Qatar, Sheikh Tamim bin Hamad Al Thani (2L) speaks with Rwanda’s President Paul Kagame during his three-day tour to Kigali on April 21, 2019. PHOTO | URUGWIRO The Emir’s visit was a follow-up to President Kagame’s visit to Doha in November 2018, where they sealed deals on economic, commercial, and technical co-operation.

The agreements involve strategic co-operation with Rwanda’s Aviation Travel and Logistics (ATL)—the company managing RwandAir—and Qatar Airways.

ATL is also the government’s aviation investment arm with a 25 per cent stake in the Bugesera Airport, while 75 per cent is owned by Portuguese firm Mota-Engil.

The government said it wants to attract more investors in the Bugesera project, which is expected to become the country’s largest airport.

Whereas diplomatic relations between Qatar and Rwanda began as recently as 2017, the Gulf country has had ties with Kenya — East Africa’s biggest economy—since 2003, when Kenya opened an embassy in Doha.

Qatar runs three embassies in the region—Kenya, Tanzania and South Sudan—and 20 in other countries on the continent.
The post Qatar takes major stake in Rwandan Airport appeared first on Alternative Africa.

Read on source website...

Author: is an independent Pan African News Website dedicated primarily to influencing the negative narratives about Africa. We hope to do this by focussing and showcasing the many developmental strides sweeping across the continent. is published by Alternative Communications and Media Ltd Our aim is to be the world’s most accurate and comprehensive African news aggregator, bringing you the latest headlines about Africa from the best news sites and other key national and international sources devoid of negative bias In line with our mission, we will give prominence to trade, science and technology, education, sports, culture and tourism as well as other developmental projects that impact positively on the continent and advance the economic and social wellbeing of her people