Category Archives: AKFED

Uganda: New and Aggressive Air Uganda has Big Plans for Entebbe

Nairobi — When he took over the helm of the Entebbe based Air Uganda, in May 2009, Hugh Fraser was clear about his mission – rightsizing the carrier to the demands of the market and reducing costs by 30 per … Continue reading

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Aga Khan Fund for Economic Development to reduce stake in DCB to 10% in 3-4 years

Mumbai: The Aga Khan Fund for Economic Development (Akfed) will reduce its stake in Development Credit Bank Ltd (DCB) to 10% from 24.86% in the next three-four years to comply with the nation’s rules as the lender seeks to wipe … Continue reading

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