Qatar to Make an Equity Investment in Southern African Airline

Qatar Airways is set to invest in an unidentified airline based in southern Africa in the coming weeks as it looks to expand its footprint in the continent.

“We are in the final stage of an equity investment in an airline in the southern part of Africa,” Chief Executive Officer Badr Al-Meer said at the Qatar Economic Forum on Wednesday. While he didn’t identify the carrier in question, Al-Meer said there are only two or three airlines that would be in consideration and that an announcement may come in the next two to three weeks.

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