Ethiopian Airlines and the African Development Bank (AfDB) have signed a letter of intent (LOI) to finance the construction of a multibillion-dollar airport in Abusera, 40 kilometres south of Addis Ababa.
The project aims to solidify Ethiopian Airlines’ status as Africa’s largest carrier, while reinforcing Addis Ababa’s position as a key aviation hub.
The new Abusera International Airport, estimated to cost $7.8 billion, is expected to reduce congestion at Bole International Airport,…
