5 Articles
5 Articles
Ethiopian Airlines Group And African Development Bank Sign Letter Of Intent For Financing Of World-class Abusera International Airport - Brand Spur
The new Abusera International Airport will complement Ethiopia’s recently expanded Bole International Airport, which is expected to reach its annual 25 million passenger capacity limit soon ABIDJAN, Ivory Coast, March 25, 2025/ — The African Development Bank (www.AfDB.org) and Ethiopian Airlines Group have signed a Letter of Intent for the development of the East African nation’s planned Abusera International Airport Project. The $7.8 billion pr…
Ethiopian Airlines and AfDB to collaborate on new airport project
The African Development Bank (AfDB) and Ethiopian Airlines Group have signed a letter of intent (LoI) to collaborate on the development of Ethiopia's ambitious Abusera International Airport project. Valued at US$7.8 billion, the project aims to boost passenger and cargo capacity, strengthen Ethiopia's role as a leading aviation hub in Africa, and support regional economic development. The signing ceremony took place at the AfDB headquarters in A…
Ethiopian Airlines Group to help finance world-class African airport
Ethiopian Airlines Group has signed a letter of intent with the African Development Bank (AfDB) for the construction of a new world-class airport. The $7.8bn project to build Abusera International Airport in Ethiopia aims to address the increasing demand for passenger and air cargo services and reinforce the African country’s position as a leading aviation hub, said the AfDB. The new “world-class” international airport will be situated in Bish…
Ethiopian Airlines Group and African Development Bank sign Letter of Intent for financing of world-class Abusera International Airport
The African Development Bank (www.AfDB.org) and Ethiopian Airlines Group have signed a Letter of Intent for the development of the East African nation’s planned Abusera International Airport Project. The $7.8 billion project aims to address increasing passenger and cargo demands, reinforce Ethiopia’s position as a leading aviation hub, and stimulate regional economic growth. Chief Executive Officer of Ethiopian Airlines Group Mesfin Tasew Beke…
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