• Bank of China and African Development Bank reviewing financing for Bishoftu Airport

• Project estimated at $5–6 billion total investment cost

• Planned capacity: 60–100 million passengers per year (long-term)

• Initial phase targets tens of millions passenger capacity

• Airport to complement Addis Ababa Bole International Airport capacity limits

• Designed to handle large-scale cargo volumes for export logistics

• Financing structure under discussion includes multi-lender participation

Why it matters?

A $5–6B airport with up to 100M passenger capacity would significantly expand Ethiopia’s aviation and cargo logistics capacity, supporting trade and forex growth.

• Development Bank of Ethiopia and African Development Bank discuss new external financing for agro-industry and job creation.

• Talks focus on mobilizing concessional and blended finance for industrial and agricultural projects.

• Financing targets agro-processing, manufacturing, and employment-generating sectors.

• DBE seeks foreign currency funding to support private sector investment.

• AfDB engagement aligns with Ethiopia’s industrialization and job creation agenda.

• Discussions include structuring facilities to improve project bankability and disbursement capacity.

Why it matters?

• External financing can ease foreign currency constraints and expand credit to agro-industrial investors.

• Finance Minister Ahmed Shide met AfDB, IFAD, and BADEA leaders during the African Union Summit in Addis Ababa.

• BADEA discussions covered financing for Bishoftu International Airport and Koysha Hydropower Project.

• Talks included road development, trade finance, co-financing, and climate-related infrastructure for COP32.

• AfDB discussions addressed energy sector reforms and scaling support under Mission 300.

• IFAD discussions covered climate-smart agriculture and Farmer-Led Irrigation Development program.

• Meetings focused on aligning climate and investment programs with Ethiopia’s COP32 preparations.

Why it matters?
Ethiopia is advancing financing discussions for infrastructure, energy, and agriculture projects. Engagements with AfDB, IFAD, and BADEA support reform priorities and COP32-related climate investments.