A Chinese bank has committed $500 million to support the construction of Ethiopia’s planned multibillion-dollar airport at Bishoftu, a project set to become the largest aviation hub in Africa. Ethiopian Airlines Group chief executive Mesfin Tasew Bekele confirmed the funding pledge but did not ...

Following the signing of the Letter of Intent on 24 March 2025, Ethiopian Airlines Group and the African Development Bank (AfDB) have signed a landmark mandate letter appointing the bank as Initial Mandated Lead Arranger (IMLA) for the financing of Ethiopian Airlines’ mega airport, a transformativ...