Ethiopian Airlines Group and the African Development Bank (AfDB) have signed a letter of intent to develop the $7.8 billion Abusera International Airport in Ethiopia.
Project Highlights:
📍 Location: Bishoftu, Ethiopia (40km from Addis Ababa Bole International Airport)
🏗️ Scope: A world-class international airport to meet rising passenger and cargo demand
🌍 Impact: Strengthens Africa’s aviation leadership and global air connectivity
Key Statements:
🔹 Akinwumi Adesina, AfDB President: “This transformative project will reinforce Africa’s aviation leadership and economic integration.”
🔹 Ahmed Shide, Ethiopian Finance Minister: “The airport will enhance Ethiopian Airlines’ competitive edge and Africa’s global air connectivity.”
🔹 Mesfin Tasew Bekele, CEO of Ethiopian Airlines: “This new hub will ensure Ethiopian Airlines remains at the forefront of global aviation.”
Strategic Importance:
✅ Relieves congestion at Bole International Airport (approaching 25M annual passenger capacity)
✅ Boosts intra-Africa trade & connectivity through an expanded network
✅ Solidifies Ethiopia’s role as a leading aviation hub
🚀 A game-changing project for Ethiopian Airlines and the African aviation industry!