In conversation with RwandAir’s CEO Yvonne Makolo

RwandAir, Rwanda's national carrier, has been making significant strides in the aviation industry, particularly in the cargo sector. In an exclusive interview with CNBC Africa, CEO Yvonne Makolo discussed the airline's recent acquisition of its first dedicated cargo aircraft and its plans for expanding cargo operations in Africa and the Middle East. Makolo highlighted the impressive growth of the cargo revenue stream, even during the pandemic, with double-digit increases in cargo volumes. The demand for cargo capacity, especially for fresh produce exports from Rwanda, has been on the rise, with exports such as cut flowers, vegetables, avocados, and chillies being transported to destinations like the UAE, Brussels, and London. The decision to acquire a cargo freighter was driven by the need to supplement the current belly capacity and capitalize on the growing demand for cargo services. Looking ahead, Makolo emphasized the airline's commitment to focusing on cargo as a strong revenue stream and the potential for further growth in this sector. As part of its expansion plans, RwandAir has also taken over the management of the cargo warehouse at the airport, signaling a strategic move to tap into the growing opportunities in the cargo business. The interview also touched on the airline's participation in the Single African Air Transport Market (SATAM) and the importance of liberalizing civil aviation in Africa. Makolo underscored the need for greater collaboration among African countries to unlock connectivity and create open skies for enhanced aviation growth in the continent. She highlighted the potential of aviation as a driver of economic development and called for reforms in visa regimes to facilitate easier travel within the region. In discussing partnerships, Makolo shared insights into the ongoing discussions with Qatar Airways to enhance connectivity and customer experience. The planned partnership aims to position RwandAir as a strong regional hub and leverage Qatar's investments to support the airline's growth and expansion plans. Makolo also provided an update on the success of the Kigali-London route, revealing plans to increase flight frequencies and potentially launch direct flights to the U.S. in the future. Reflecting on the impact of COVID-19, Makolo noted the airline's adaptability and resilience in reevaluating routes, improving operational efficiency, and preparing for future disruptions. She emphasized Rwanda's commitment to sustainability, including efforts to reduce carbon emissions, enhance fuel efficiency, and promote environmentally-friendly practices in aviation. Makolo's upcoming role as the chair of the Board of Governors for IATA signals a significant milestone for gender diversity in the industry, with a focus on supporting IATA's sustainability initiatives and driving the agenda for women in aviation. As RwandAir looks towards the future, Makolo outlined the airline's long-term plans for growth, innovation, and community impact, emphasizing the goal of connecting Rwanda to global markets and fostering economic development in the region.