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AfDB to Lead $8 Billion Mobilization for Ethiopia's Airport in Push for Integration & Connectivity
AfDB to Lead $8 Billion Mobilization for Ethiopia's Airport in Push for Integration & Connectivity
Sputnik Africa
AfDB to Lead $8 Billion Mobilization for Ethiopia's Mega Airport in Push for Integration & Connectivity 10.08.2025, Sputnik Africa
2025-08-10T12:43+0200
2025-08-10T12:43+0200
2025-08-10T14:15+0200
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AfDB to Lead $8 Billion Mobilization for Ethiopia's Mega Airport in Push for Integration & ConnectivityThe signing ceremony between the Ethiopian Airlines CEO and the AfDB vice president is set for Monday, the bank announced.Key details about Ethiopia's new airport:🟠Once completed, it will become Africa's largest airport and Ethiopian Airlines' new global hub;🟠Complements Bole International Airport, which will shift to domestic flights;🟠Initial capacity: 60 million passengers a year, expandable to 110 million;🟠Construction of Phase 1 begins in late 2025;🟠Located 40 km south of Addis Ababa;🟠Total project cost is $10 billion.
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AfDB to Lead $8 Billion Mobilization for Ethiopia's Airport in Push for Integration & Connectivity
12:43 10.08.2025 (Updated: 14:15 10.08.2025) AfDB to Lead $8 Billion Mobilization for Ethiopia's Mega Airport in Push for Integration & Connectivity
The signing ceremony between the Ethiopian Airlines CEO and the AfDB vice president is set for Monday, the bank announced.
Key details about Ethiopia's new airport:
🟠Once completed, it will become Africa's largest airport and Ethiopian Airlines' new global hub;
🟠Complements Bole International Airport, which will shift to domestic flights;
🟠Initial capacity: 60 million passengers a year, expandable to 110 million;
🟠Construction of Phase 1 begins in late 2025;
🟠Located 40 km south of Addis Ababa;
🟠Total project cost is $10 billion.
"The new airport project emphasizes network expansion, infrastructure development, and human capital investment to address current capacity constraints," the statement read.
