Aviation: African Development Bank provides $159 million loan to Ethiopian Airlines

Ethiopian Madagascar airlines

African Development Bank provides $159 million loan to Ethiopian Airlines The Board of Directors of the African Development Bank (AfDB) has approved a financing package of $159 million to partly finance Ethiopian Airlines’ expansion plan and fleet modernization program. The package comprises two tranches, with the first tranche (85% of the financing) being covered by African Trade Insurance, Africa’s export […]

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