Ethiopian Airlines Group and the African Development Bank have signed a Letter of Intent for the finance and development of the planned Abusera International Airport.
The $7.8 billion project aims to address increasing passenger and cargo demands, solidify Ethiopia’s status as an aviation hub, and stimulate regional economic growth.
The agreement was signed on March 14 by the chief executive of Ethiopian Airlines Group, Mesfin Tasew Bekel, and Nnenna Nwabufo, African Development Bank’s…