Friday, April 24, 2026
  • Login
CEO North America
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
CEO North America
No Result
View All Result

CEO NA Magazine > CEO Life > Travel > Africa’s biggest airport is being built in Ethiopia for $12.5 billion

Africa’s biggest airport is being built in Ethiopia for $12.5 billion

in Travel
Africa’s biggest airport is being built in Ethiopia for $12.5 billion
Share on LinkedinShare on WhatsApp

Flying between African cities forces many travelers to transit outside the continent, through London, Paris or Dubai. But a $12.5 billion airport under construction in Ethiopia could help change that.

Nearly 30 miles southeast of the capital Addis Ababa, works began in January on what Ethiopian Prime Minister Abiy Ahmed Ali described as “the largest aviation infrastructure project in Africa’s history.”

Bishoftu International Airport is scheduled to open in 2030 with two runways and capacity for 60 million passengers a year, with plans to grow to 110 million passengers — more than the world’s busiest airport, Atlanta’s Hartsfield-Jackson, which saw 106 million passengers in 2025.

The project is led by state-owned Ethiopian Airlines, Africa’s largest carrier by fleet size, total passengers and revenue. CEO Mesfin Tasew told CNN the airline “will invest 30% of its equity” to cover the $12.5 billion cost directly. The other $8 billion is yet to be secured, with the US, China and most recently Italy involved in negotiations.

Connecting African skies

Addis Ababa is already one of Africa’s top aviation hubs, but the airline’s base, Bole International Airport, is quickly reaching capacity and has no room to expand.

With a new airport catering mostly to connecting passengers, Ethiopian Airlines would lead the race to connect African skies, one of the world’s fastest growing aviation markets.

The airport could also tap into Africa’s underused cargo capacity, backing the African Continental Free Trade Area — the continent’s landmark free trade agreement — with infrastructure to handle 3.73 million tons of cargo annually.

Landry Signé, executive director at Arizona State University’s Thunderbird School of Global Management and senior fellow at the Brookings Institution, said that “African airlines are currently recording the strongest freight demand growth worldwide, up 15–16% year-on-year versus a global average of 5.5%.” But he cautions the potential payoff for Bishoftu International depends on the logistics surrounding the runway: roads, rail, reliable power and customs.

On financing, Signé told CNN: “The signals are positive so far — yet closing $8 billion in a single year is an ambitious timeline.” If fundraising takes longer than expected, he warns the 2030 target for building phase one “becomes very difficult to hold.”

“A feeling of what Ethiopia’s like”

Zaha Hadid Architects (ZHA) — the international firm behind Beijing Daxing Airport’s futuristic “starfish” terminal and Mumbai’s lotus-shaped airport — is leading the terminal’s design.

Inspired by Ethiopia’s Great Rift Valley, a single spine runs the length of the terminal, branching into four piers with unique interiors and gardens reflecting Ethiopia’s diverse landscapes and cultures.

“When you have people transiting, you give them a feeling of what Ethiopia’s like; you feel and touch Africa,” said ZHA’s director of aviation, Cristiano Ceccato.

Semi-enclosed spaces and courtyards are designed to take advantage of Bishoftu’s temperate climate. “You’re literally outdoors, which is quite unique for an airport,” added Ceccato.

The designers say that sustainability has been prioritized, from locally sourced materials to solar energy and a stormwater system feeding new wetlands on site. But the aviation industry still accounts for 2–3% of global CO₂ emissions.

Community grievances

There has been controversy around its construction, which has reportedly displaced over 15,000 people from over 9,000 acres of agricultural land.

Ethiopian Airlines says it is spending $350 million to resettle those displaced and restore their livelihoods, building 1,400 homes with electricity, running water, schools and health care facilities.

Signé told CNN that displacement in megaprojects across the continent is too often “treated as a logistics problem — number of houses built, boxes ticked — rather than a governance problem.”

He warns that while the $350 million is a “more substantive commitment than many comparable projects,” any “unresolved community grievances” could potentially delay the project and affect its ability to attract further investment.

Regional competition

Bishoftu is the largest in a wave of investment in airports across the continent, including Rwanda’s $2 billion Bugesera Airport, Burkina Faso’s Ouagadougou-Donsin Airport, and major upgrades in Casablanca, Cairo and Nairobi.

Ethiopian Airlines CEO Tasew told CNN the airline wants the new airport to be for Africa what Dubai or Doha is for the Middle East — a large regional hub with strong international connectivity.

Yet he acknowledges this ambition cannot be achieved alone: “Air connectivity in Africa is still way behind from where it should be. We need to partner with other African airlines to provide seamless connectivity.”

At the 2025 Aviation Africa Summit, African transport ministers adopted an action plan to accelerate the Single African Air Transport Market (SAATM) — a framework allowing airlines to fly freely between member states.

Since launching in 2018, 38 states have signed up and over 110 new intra-African routes have been created — with research suggesting its full implementation could increase traffic between African countries by up to 141% and reduce fares by as much as 35%.

Read the full article by Daniel Olivares Gallego / CNN

Related Posts

The frozen ‘Ice City’ home to the most likeable people on Earth
Travel

The frozen ‘Ice City’ home to the most likeable people on Earth

Italian cuisine becomes world’s first to be awarded UNESCO status
Travel

Italian cuisine becomes world’s first to be awarded UNESCO status

World’s tallest bridge and biggest museum named ‘greatest places of 2026’
Travel

World’s tallest bridge and biggest museum named ‘greatest places of 2026’

The vacations Canadians are no longer taking in the United States
Travel

The vacations Canadians are no longer taking in the United States

The daring bridge that rewrote the engineering rulebook 200 years ago
Travel

The daring bridge that rewrote the engineering rulebook 200 years ago

Travel

Should I book travel now? What the Iran war means for your plans

The Surprising Wellness Hack I Learned in the World’s Happiest Country
Travel

The Surprising Wellness Hack I Learned in the World’s Happiest Country

British ‘teatime’ is a very complicated business. Sometimes there isn’t even any tea
Travel

British ‘teatime’ is a very complicated business. Sometimes there isn’t even any tea

How to enjoy a weekend in Hong Kong
Travel

How to enjoy a weekend in Hong Kong

An insider’s guide to the best live music venues in New Orleans
Travel

An insider’s guide to the best live music venues in New Orleans

No Result
View All Result

Recent Posts

  • Procter & Gamble reports 7% sales growth
  • Intel stock jumps 27% on strong earnings and outlook
  • U.K. to face ‘big tariff’ if they don’t drop digital services tax on U.S.
  • Institutions Across the U.S. Will Benefit From $116 Million Gift to the National Gallery
  • Music can help prevent cognitive decline

Archives

Categories

  • Art & Culture
  • Business
  • CEO Interviews
  • CEO Life
  • Editor´s Choice
  • Entrepreneur
  • Environment
  • Food
  • Health
  • Highlights
  • Industry
  • Innovation
  • Issues
  • Management & Leadership
  • News
  • Opinion
  • PrimeZone
  • Printed Version
  • Technology
  • Travel
  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

  • News
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

CEO North America © 2024 - Sitemap

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.