The African Development Bank will be leading efforts to raise as much as $8 billion for the airport's construction.
Breakdown
- African Development Bank pledges $500 million for new Ethiopian airport.
- The bank leads efforts to raise up to $8 billion for the project. 9s
- Ethiopian Airlines will provide 20% of the total $10 billion funding. 19s
- The new airport will be able to handle 110 million passengers annually. 44s
- Construction is expected to start soon and finish in 2029. 51s