Its strategic perch near industrial parks and lakes enhances logistics for exports like coffee, flowers, and leather, vital to AfCFTA’s US$3.4 trillion market.
Gracefully joining Paris and Marseille in Ethiopian’s tricolor embrace, this route effortlessly connects Lyon’s southeastern dynamism to over 65 African realms.
Chinese investment signals intensifying rivalry among financiers while airport city plans integrate hotels, logistics, and residences for economic spillover.
The additional flight reduces layover time and enables more efficient scheduling for business travelers, while offering leisure passengers greater access to holiday and cultural destinations.
On August 11, 2025, a landmark signing ceremony confirmed the African Development Bank’s (AfDB) role as the initial mandated lead arranger, global coordinator, and book runner, tasked with mobilizing nearly US$8 billion of the US$10 billion required for the project.
Group CEO Mesfin Tasew announced at a press briefing on August 5 in Addis Ababa that the airline carried 19 million passengers in the fiscal year, up from 17 million the previous year.
The move underscores the company’s focus on deepening relationships with its more than 60 airline customers across the continent and supporting the broader development of the African aerospace industry.
The airline will operate four weekly flights to the vibrant emirate, reinforcing its presence in the Gulf region.
The collaboration aims to introduce an all-electric air taxi service, enhancing regional connectivity with Archer’s cutting-edge aircraft.
The new Abusera International Airport will be built in Bishoftu, approximately 40 kilometers from Addis Ababa Bole International Airport.