Green Africa Airways has announced that it has completed its Series A round of financing with Pan African investment management group Kuramo Capital, the company said.
As part of the new investment, Green Africa Airways has also formed an advisory board of senior industry leaders led by Tom Horton, former CEO & Chairman of American Airlines and former Chairman of oneworld Alliance, William Shaw, Founder & former CEO of VivaColombia, and Virasb Vahidi, former CCO of American Airlines.
The new airline has received an Air Transport License (ATL) from the Nigerian Government, commenced its Air Operating Certificate (AOC) process and is in conversations with leading aircraft manufacturers.
Kuramo Capital is based in New York with additional offices in Lagos and Nairobi.
Green Africa Airways is a value airline headquartered in Lagos, Nigeria. Through safe, quality and affordable air travel, Green Africa Airways seeks to be a significant contributor to the economic development of Nigeria and the African continent.