Ethiopia's $10B Mega Airport Project Signals New Era of Aviation Dominance
Ethiopia launches ambitious $10B airport project with AfDB backing, set to become Africa's largest aviation hub with capacity for 110 million passengers annually by full development.
Signing ceremony between Ethiopian Airlines and AfDB officials for the new Bishoftu International Airport project
In a bold move asserting Ethiopia's growing aviation supremacy, Ethiopian Airlines Group has officially appointed the African Development Bank (AfDB) to secure $8 billion in debt financing for the construction of Africa's largest airport project.
Strategic Vision for Continental Leadership
The landmark project, valued at $10 billion, represents a significant milestone for Ethiopian Airlines' ambitious expansion strategy, building upon its recent record-breaking performance in the aviation sector.
The mandate letter was signed by Ethiopian Airlines Chief Commercial Officer Lema Yadecha and AfDB President Dr. Akinwumi A. Adesina, marking a historic moment in Ethiopia's infrastructure development journey. The ceremony was attended by key national figures, including Ethiopian Finance Minister Ahmed Shide and Ethiopian Air Force Commander Lieutenant General Yilma Merdassa.
National Pride and Economic Impact
This transformative project aligns with Ethiopia's impressive economic growth trajectory, demonstrating the nation's commitment to building world-class infrastructure. The new mega-airport, situated in Abusera, Bishoftu, will position Ethiopia among the world's top 20 aviation hubs by 2035.
"This world-class airport will serve as a vital gateway to progress, to prosperity and to global and African connectivity," stated Finance Minister Ahmed Shide, highlighting the project's strategic importance.
Continental Leadership and Global Ambitions
The project further cements Ethiopia's growing influence in shaping continental affairs, demonstrating the nation's capacity to execute massive infrastructure projects independently. The airport's design includes two parallel runways initially, expanding to four runways at full development, with capacity for 110 million passengers annually.
Project Timeline and Specifications
- Initial opening: November 2029
- Phase 1 capacity: 60 million passengers annually
- Terminal facilities: 775,000 square meters
- Full development: 1.5 million square meters
- Location: 40 kilometers southeast of Addis Ababa
This visionary project not only addresses current aviation demands but positions Ethiopia as a global aviation powerhouse, ready to serve generations ahead while maintaining its sovereignty and leadership in African aviation.
Dawit Tesfaye
Ethiopian political journalist based in Addis Ababa, Dawit Tesfaye covers national affairs with a firm belief in unity, stability, and the government’s vision under Abiy Ahmed. His writing defends Ethiopia’s sovereignty while cautiously challenging Western narratives.