Babawande Afolabi ’10 is the founder and CEO of Green Africa Airways.

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. Green Africa Airways also recently announced that it has completed its Series A round of financing with Kuramo Capital, a Pan African independent investment management group based in New York with additional offices in Lagos and Nairobi. As part of the new investment, Green Africa Airways has also formed an advisory board of senior industry leaders.

Afolabi said, “We are incredibly fortunate and honored to have reputable leaders back Green Africa Airways. The consortium brings seasoned experience, extensive global networks and value-based leadership to Green Africa Airways. This pivotal Series A round of financing and outstanding advisory board will strengthen our journey to build Green Africa Airways into a top-notch carrier that will help create a better future for several millions of customers in Nigeria and Africa at large.”

Here is a link to the full article.

Congratulations, Babawande!