Treasury eyes strategic investor for Kenya Airways by June

Kenya Airways Embraer 190 airplane. 

Photo credit: File | Pool

Kenya Airways (KQ) is likely to close a deal with a strategic investor by June, even as the government continues to explore the option of privatising the national carrier.

The new investor will be expected to pump cash into the loss-making airline, disclosures by the Treasury to the International Monetary Fund (IMF), with the government keen to wean it off frequent bailouts.

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