Airports

African Development Bank to finance $500 million of Ethiopia's new airport

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African Development Bank to finance $500 million of Ethiopia's new airport

The Ethiopian Airlines Group and the African Development Bank (AfDB) have signed a letter appointing the bank as initial mandated lead arranger (IMLA) for the financing of Ethiopian Airlines’ new airport. Under this mandate letter, AfDB will provide a loan of $500 million and lead the mobilisatio...

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