AfDB Archives - Aviation metric

Nigeria, AfDB Sign Letter of Intent for $7 Billion IATP Integrated Aviation Transformation Programme

Posted on May 28, 2026May 28, 2026 by Wole Shadare

Keyamo Unveils Nation’s Air Transport Upgrades at AfDB Dialogue in Congo In his new role as the African Champion of the Integrated Aviation Transformation Programme (IATP) of the African Development Bank (AFDB), Minister of Aviation and Aerospace Development, Festus Keyamo, in Brazzaville, Congo, attended a dialogue session with the President and Governors of the AFDB where he addressed them on the opportunities presented by the $7 billion programme of the IATP for Africa and especially…

AfDB unveils regional Sukuk platform to finance continent’s aviation

Posted on March 6, 2026 by Wole Shadare

IATP to de-risk investments, to attract private, institutional capital The African Development Bank Group (AfDB) has officially launched the Integrated Aviation Transformation Program (IATP), a major continent-wide initiative designed to address the structural bottlenecks and high costs that have historically hindered African aviation. Unveiled during the Airlines, Capital and Connectivity Forum in Nairobi (held February 25–26, 2026), this platform aims to mobilise billions of dollars to modernise the sector and improve regional connectivity….

Ethiopian Airlines Group, AfDB Ink Mandate Letter To Provide $500M For Africa’s Largest Aviation Infrastructure Project

Posted on August 12, 2025 by Wole Shadare

Following the signing of the Letter of Intent (LoI) on March 24th, 2025, Ethiopian Airlines Group (EAG) and the African Development Bank (AfDB) signed a landmark mandate letter appointing the Bank as Initial Mandated Lead Arranger (IMLA) for the financing of Ethiopian Airlines’ mega airport, a transformative aviation hub poised to redefine air connectivity across Africa. Under this Mandate Letter, AfDB will provide a loan of $500 million and lead the mobilisation of the remaining…

AfDB working on aircraft financing for African carriers

Posted on April 30, 2024April 30, 2024 by Wole Shadare

There are indications that the African Development Bank (AfDB) is working to create a platform for financing aircraft following the challenges aircraft financing poses for the continent’s carriers, said the Secretary-General of African Airlines Association (AFRAA), Abdérahmane Berthé. Berthe who spoke to Aviation Metric at the just concluded MRO Africa convened in Addis Ababa, Ethiopia at the weekend said AFRAA was discussing with AfDB to see how they can support the project of aircraft financing for…