RwandAir secures Rwf6.5 bn loan

RwandAir has secured a $11.5m (Rwf6.5 bn) credit facility from Eastern and Southern African Trade and Development Bank (PTA Bank) that will help it to implement its five year development plan. The loan agreement that was signed on Monday is designed to help Rwanda’s national carrier to purchase two 737-800 planes from Boeing.
Finance and Economic Planning Minister, John Rwangombwa, exchanges documents with Dr Michael Gondwe, PTAu2019s president. (Photo/ Goodman)
Finance and Economic Planning Minister, John Rwangombwa, exchanges documents with Dr Michael Gondwe, PTA’s president. (Photo/ Goodman)
Times Reporter