The African Development Bank (AfDB) has appointed Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, as the Champion of its Integrated Aviation Transformation Programme for Africa (IATP). The appointment recognizes Nigeria’s significant policy reforms and leadership in repositioning its aviation sector for growth and efficiency. The $7 billion initiative aims to modernize Africa’s aviation ecosystem by mobilizing private, institutional, and concessional capital across the continent. It addresses the underperformance of African carriers, which currently handle less than 3 percent of global air traffic despite the continent accounting for…
Read MoreAFDB NAMES NIGERIA’S FESTUS KEYAMO CHAMPION OF $7 BILLION AFRICAN AVIATION TRANSFORMATION PROGRAM
