Ethiopia’s ambition to build a new international airport that will rival some of the world’s biggest, took off on Monday with a monumental signing ceremony marking the African Development Bank’s role (www.AfDB.org) as the initial mandated lead arranger, global coordinator and book runner to mobilize nearly $8 billion of the $10 billion needed for the mega project an official statement disclosed in Addis Ababa,Wenesday. The Bank,the statement said plans to provide financing of $500 million, subject to Board approval. The mandate letter,it added, was signed by Ethiopian Airlines Group Chief…
AfDB-Ethiopian Airlines Join Hands for USD10 Billion Mega Airport Project to Deliver a game Changer for Africa and Global Aviation
