African nations

The International Air Transport Association (IATA) said that 10 countries across Africa, the Middle East, and South Asia account for 89% of the total blocked funds, totalling $1.08 billion. Nigeria’s name was removed from the list after the Nigerian government repatriated over $700 million in trapped funds last year, restoring the country’s reputation in the global aviation industry. The clearing house for more than 300 global airlines said that $1.2 billion in airline funds are…