US EditionAfDB to Lead US$7.8 Billion Financing for Africa’s Largest Airport
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African Development Bank to lead efforts to raise $7.8 bln for new Ethiopian airport
The African Development Bank will take the lead in helping to raise $7.8 billion for a new airport in Ethiopia, the bank said. When completed in 2029, the airport will be the continent’s largest and will have the capacity to handle 100 million passengers a year. “The appointment of the African Development Bank as lead arranger reflects its catalytic role in advancing strategic infrastructure across the continent and its proven leadership in stru…
The African Development Bank (ADB) has been designated as the lead agency mandated to orchestrate the mobilization of USD 7.8 billion for the construction of the Bishoftu International Airport in Ethiopia. The AfDB will mobilize USD 7.8 billion to finance the construction of the Bishoftu International Airport in Ethiopia. This future hub, located 40 km south of Addis Ababa, is expected to become, once completed, the largest airport in the Africa…
AfDB to Lead US$7.8 Billion Financing for Africa’s Largest Airport
News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/afdb-to-lead-us7-8-billion-financing-for-africas-largest-airport/The African Development Bank (AfDB) will steer financing for Ethiopia’s transformative Bishoftu International Airport after being appointed Mandated Lead Arranger for the $7.8 billion project. Ethiopian Prime Minister Abiy Ahmed and AfDB President Akinwumi Adesina will formalize the part…
The African Development Bank (ADB) has announced its commitment as a leader in mobilizing $7.8 billion for the construction of a new airport in Ethiopia. This large-scale project, supported by the Bank's outgoing President, Akinwumi Adesina, aims to provide the country with the largest airport in the world.
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