African Development Bank to mobilize finance for Ethiopia’s mega airport

[NewBusinessEthiopia - Ethiopia] - 12/08/2025
Ethiopian Airlines appointed African Development Bank (AfDB) as Initial Mandated Lead Arranger (IMLA) for the financing of Ethiopian Airlines’ over $7 billion mega airport under construction. Under this Mandate Letter, AfDB will provide a loan of USD 500 million and lead the mobilization of the (…)
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