U.S. Supports Ethiopia's $10 Billion Mega Airport Project

What's Happening?

The United States has pledged support for the construction of the Bishoftu International Airport in Ethiopia, a $10 billion project that is set to become the largest airport in Africa. Located 40 km south of Addis Ababa, the new airport aims to alleviate congestion at the existing Bole International Airport and expand the capacity of Ethiopian Airlines. The project, announced by U.S. Senior Advisor for Africa Massad Boulos, involves collaboration with the U.S. International Development Finance Corporation and Boeing. The African Development Bank Group is also backing the project, which is expected to be completed by November 2029.

Why It's Important?

The U.S. support for Ethiopia's new airport project highlights the strategic importance of infrastructure development in Africa. This initiative is expected to significantly boost the capacity of Ethiopian Airlines, Africa's largest carrier, and enhance the region's connectivity. The project also represents a major economic opportunity, potentially creating jobs and stimulating growth in the aviation sector. By investing in such large-scale infrastructure, the U.S. is strengthening its economic ties with Ethiopia and supporting the broader development goals of the African continent.

What's Next?

Construction of the Bishoftu International Airport is set to begin in late 2025, with completion expected by November 2029. Once operational, the new airport will handle all international flights, while the existing Bole International Airport will focus on domestic operations. The development of an airport city with hotels and shopping centers is also planned, which could further boost economic activity in the region. Stakeholders, including the African Development Bank and Ethiopian Airlines, will continue to collaborate on financing and development efforts.