The African Development Bank (AfDB) and Ethiopian Airlines have partnered to raise $8 billion for the construction of the new Bishoftu International Airport, set to become Africa’s largest. Ethiopian Airlines will fund 20% of the project’s cost, demonstrating its significant commitment to the initiative.
Located 40 km from Addis Ababa, the airport will be built in two stages, showcasing a well-planned approach to its development. Upon completion, it is expected to handle up to 110 million passengers by 2029, solidifying its position as a major aviation hub.
The project’s ambitious goal is to establish Ethiopia as a leading global aviation hub by 2035. This initiative underscores the country’s dedication to developing its infrastructure and expanding its presence in the aviation industry.
By collaborating with the AfDB, Ethiopian Airlines is poised to drive growth and transformation in the region’s aviation sector. This partnership is a significant step towards achieving Ethiopia’s vision for its aviation industry.