Ethiopian Airlines Group has taken a bold step toward expanding its aviation footprint with a new agreement to develop Bishoftu Airport, a multi-billion-dollar facility poised to become Africa’s largest airport.
The airline, in partnership with the African Development Bank (AfDB), has formalized a deal to construct the airport near Addis Ababa, marking a major milestone in Ethiopia’s long-term aviation strategy.
The new airport is expected to boost Ethiopia’s annual passenger handling capacity from 17 million to over 60 million by 2040, reinforcing its position as a leading aviation hub in Africa.
The site, located near Bishoftu, approximately 20 kilometers southeast of the capital, has already been secured, with authorities making relocation plans for local residents.
Ethiopian Airlines CEO Mesfin Tasew previously stated that planning efforts were well underway, and the project is expected to create a significant economic impact by enhancing connectivity, driving tourism, and strengthening Ethiopia’s role in global air travel.
The African Development Bank, which has invested over $1.2 billion in Ethiopia, expressed its commitment to supporting the project.
AfDB President Akinwumi Adesina commended Ethiopia’s economic resilience and growth momentum, reaffirming the bank’s role in funding transformative infrastructure that will position the country as a key player in global aviation.
The financial structure of the project remains undisclosed, but industry experts anticipate that AfDB’s involvement will provide crucial funding to ensure timely execution.
Ethiopia’s Bole International Airport, originally opened in 1962 and expanded in recent years, has faced increasing pressure from surging passenger volumes. With a capacity of approximately 22 million passengers, the airport is nearing its operational limits as air traffic continues to grow at an estimated 6% annually.
The planned Bishoftu Airport is designed to ease congestion, support airline expansion, and accommodate the country’s ambitious aviation growth plans over the next two decades.
The new airport is expected to elevate Ethiopia’s standing as a major transit hub in northeast Africa, further challenging competing airports in the region.
As the country moves forward with its aviation master plan, the project signals a bold investment in the future of air travel, aligning with Ethiopian Airlines’ broader expansion strategy and the government’s vision to solidify Ethiopia’s role as a continental leader in transportation and trade.
