Ethiopian Airlines has signed a partnership agreement with the African Development Bank to build Africa's largest airport at a cost of $7.8 billion.
The new airport, “Bishoftu” Airport, will be a major hub for connecting Ethiopia to the world, increasing the airport's capacity from 17 million to more than 60 million passengers annually by 2040.
Ethiopia, with a population of about 120 million, is facing economic difficulties as inflation rises and the local currency depreciates, with an economic reform program in cooperation with the International Monetary Fund.
Source (Al-Arabiya.net Website, Edited)
