The Competition Authority of Kenya (CAK) has approved the US$40.1 million (≈KSh 5.2 billion) acquisition of Transglobal Cargo Centre Ltd, operator of Africa Flight Services (AFS) at Jomo Kenyatta International Airport (JKIA), by German cargo company Celebi Cargo GmbH, marking its entry into the East African market. AFS, owned by Peter Muthoka, handles about a third of Kenya’s export cargo, including flowers, vegetables, and other time-sensitive goods, and also provides warehousing and ground handling services. With Celebi having no prior presence in Kenya, the CAK said the deal will not alter competitive dynamics, affect employment, or impact small businesses. The acquisition positions Celebi to expand regionally, tapping into JKIA’s projected 5% annual cargo growth, which outpaces global averages, and reflects growing foreign interest in Kenya’s aviation and logistics sector.
From January 13 to 18, 2026, the Liberia Airport Authority (LAA) conducted a strategic engagement with the Ethiopian Airlines Group to advance Liberia’s aviation sector through technical cooperation and operational partnerships. Led by LAA Managing Director Ernest Hughes, the Liberian delegation visited…
Go Premium
Unlock this trail with a 24-hour Finance & Infrastructure pass, or subscribe for full access.
Subscribe to unlock full access to all premium content, including in-depth articles and weekly aviation industry insights.
- ✓Full access to all articles and weekly trails
- ✓Exclusive data analytics dashboards
- ✓Early access to new content
- ✓Priority support