https://en.sputniknews.africa/20250116/afreximbank-to-collaborate-with-african-airlines-on-aircraft-leasing--financing-statement-1070209737.html
Afreximbank to Collaborate With African Airlines on Aircraft Leasing & Financing: Statement
Afreximbank to Collaborate With African Airlines on Aircraft Leasing & Financing: Statement
Sputnik Africa
Afreximbank, a pan-African multilateral financial institution established in 1993, supports intra-African and Caribbean trade by providing financing to African... 16.01.2025, Sputnik Africa
2025-01-16T16:09+0100
2025-01-16T16:09+0100
2025-01-16T16:09+0100
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ireland
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Following a side meeting at the Airline Economics Growth Frontiers Global Conference in Dublin, Ireland, Afreximbank agreed to collaborate with Nigeria on aircraft financing and reaffirmed its commitment to supporting African airlines.At the event, the development finance institution emphasized its previous support for airlines such as Arik Air and Kenya Airways. The bank plans to establish a leasing subsidiary to acquire 25 aircraft for lease to African airlines, including dry-leased aircraft for Nigerian airlines to enhance their international and domestic services.Rose also commended Nigerian Minister of Aviation and Aerospace Development, Festus Keyamo, for raising the country's Cape Town Convention score, indicating the country's adherence to international aircraft financing standards, from 49.5% to 75.5%, citing this as evidence of the country's commitment to fostering an environment conducive to aircraft financing.Keyamo stressed the need for partnerships to improve aircraft financing for Nigerian operators. Afreximbank responded by affirming its commitment to work with the Nigerian government, and a committee was established to ensure these discussions lead to actionable solutions.
https://en.sputniknews.africa/20241229/ethiopian-airlines-vows-to-comply-with-nigerian-aviation-authority-rules-amid-sanctions-1069949370.html
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afreximbank, nigeria, kenya, ireland, west africa, plane, airlines, investment, bank, finance, aviation, environment, development
afreximbank, nigeria, kenya, ireland, west africa, plane, airlines, investment, bank, finance, aviation, environment, development
Afreximbank to Collaborate With African Airlines on Aircraft Leasing & Financing: Statement
Ekaterina Shilova
Writer / Editor
Afreximbank, a pan-African multilateral financial institution established in 1993, supports intra-African and Caribbean trade by providing financing to African governments and businesses. It is headquartered in Cairo, Egypt.
