• Home
  • Agric
  • Sci & Tech
  • Health
  • Environment
  • Hausa News
  • More
    • Business/Banking & Finance
    • Politics/Elections
    • Entertainments & Sports
    • International
    • Investigation
    • Law & Human Rights
    • Africa
    • ACCOUNTABILITY/CORRUPTION
    • Hassan Gimba
    • Column
    • Prof. Jibrin Ibrahim
    • Prof. M.K. Othman
    • Defense/Security
    • Education
    • Energy/Electricity
    • Entertainment/Arts & Sports
    • Society and Lifestyle
    • Food & Agriculture
    • Health & Healthy Living
    • International News
    • Interviews
    • Investigation/Fact-Check
    • Judiciary/Legislature/Law & Human Rights
    • Oil & Gas/Mineral Resources
    • Press Freedom/Media/PR/Journalism
    • General News
    • Presidency
  • About Us
    • Contact Us
    • Board Of Advisory
    • Privacy Policy
    • Ethics Policy
    • Teamwork And Collaboration Policy
    • Fact-Checking Policy
    • Advertising
  • Media OutReach Newswire
    • Wire News
  • The Stories
Facebook Twitter Instagram
Trending
  • Naira outperforms African peers despite persistent FX pressures
  • LASU begins indigeneship verification for 2026/2027 admissions
  • Reps approve $516m loan for Sokoto–Badagry superhighway
  • Court affirms FCCPC’s power to probe medical negligence
  • Indigenous, feminist groups push rights-based energy transition at Colombia conference
  • NGX reports smooth start to extended trading hours
  • Reps panel adopts N105.14bn RMAFC 2025 budget
  • China becomes first major economy with full Africa zero-tariff
Facebook Twitter Instagram YouTube
AsheNewsAsheNews
  • Home
  • Agric

    World agriculture forum inaugurates Nigeria Country council

    April 28, 2026

    U.S. revives GSM-102 credit scheme to deepen agricultural trade with Nigeria

    April 27, 2026

    Poultry farmers seek increased financing to boost production

    April 27, 2026

    Malnutrition: FG rolls out community food bank programme in Northeast

    April 27, 2026

    Yam prices surge across Lagos markets

    April 26, 2026
  • Sci & Tech

    Artemis II: Space exploration, and the question of African future, By Prof. M. K. Othman

    April 28, 2026

    Nigeria needs unified cybersecurity – Expert warns

    April 27, 2026

    MTN Nigeria backs youth platform with over N45m

    April 27, 2026

    PalmPay CEO flags trust issues in digital payments

    April 25, 2026

    Meta to cut 10% of workforce amid AI push

    April 25, 2026
  • Health

    Kano commences 2026 Africa vaccination week

    April 28, 2026

    Nigeria faces acute shortage of public health physicians

    April 28, 2026

    Ghana rejects U.S. bilateral health deal

    April 28, 2026

    Social media fuels health misinformation – Expert

    April 28, 2026

    FCT residents express mixed views on childhood immunisation

    April 28, 2026
  • Environment

    CTV audience grows over 300% to 8m viewers on GOtv

    April 27, 2026

    Yobe council approves N59.8bn for project, infrastructure

    April 27, 2026

    Rainstorm damages homes, school in Kaduna

    April 27, 2026

    LASTMA to launch free short code for traffic reports

    April 27, 2026

    LASEMA averts casualties in truck accident at Daleko bridge, Isolo

    April 27, 2026
  • Hausa News

    Otti plans 250-room 5-star hotel in Umuahia

    April 11, 2026

    Anti-quackery task force seals 4 fake hospitals in Rivers

    August 29, 2025

    [BIDIYO] Yadda na lashe gasa ta duniya a fannin Ingilishi – Rukayya ‘yar shekara 17

    August 6, 2025

    A Saka Baki, A Sasanta Saɓani Tsakanin ‘Yanjarida Da Liman, Daga Muhammad Sajo

    May 21, 2025

    Dan majalisa ya raba kayan miliyoyi a Funtuwa da Dandume

    March 18, 2025
  • More
    1. Business/Banking & Finance
    2. Politics/Elections
    3. Entertainments & Sports
    4. International
    5. Investigation
    6. Law & Human Rights
    7. Africa
    8. ACCOUNTABILITY/CORRUPTION
    9. Hassan Gimba
    10. Column
    11. Prof. Jibrin Ibrahim
    12. Prof. M.K. Othman
    13. Defense/Security
    14. Education
    15. Energy/Electricity
    16. Entertainment/Arts & Sports
    17. Society and Lifestyle
    18. Food & Agriculture
    19. Health & Healthy Living
    20. International News
    21. Interviews
    22. Investigation/Fact-Check
    23. Judiciary/Legislature/Law & Human Rights
    24. Oil & Gas/Mineral Resources
    25. Press Freedom/Media/PR/Journalism
    26. General News
    27. Presidency
    Featured
    Recent

    Naira outperforms African peers despite persistent FX pressures

    April 28, 2026

    LASU begins indigeneship verification for 2026/2027 admissions

    April 28, 2026

    Reps approve $516m loan for Sokoto–Badagry superhighway

    April 28, 2026
  • About Us
    1. Contact Us
    2. Board Of Advisory
    3. Privacy Policy
    4. Ethics Policy
    5. Teamwork And Collaboration Policy
    6. Fact-Checking Policy
    7. Advertising
    Featured
    Recent

    Naira outperforms African peers despite persistent FX pressures

    April 28, 2026

    LASU begins indigeneship verification for 2026/2027 admissions

    April 28, 2026

    Reps approve $516m loan for Sokoto–Badagry superhighway

    April 28, 2026
  • Media OutReach Newswire
    • Wire News
  • The Stories
AsheNewsAsheNews
Home»General News»AfDB launches Africa aviation investment drive
General News

AfDB launches Africa aviation investment drive

NewsdeskBy NewsdeskMarch 7, 2026Updated:March 7, 2026No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The African Development Bank Group (AfDB) has launched a continent-wide aviation initiative aimed at unlocking investment, strengthening infrastructure and improving connectivity across Africa’s air transport sector.

Known as the Integrated Aviation Transformation Programme (IATP), the initiative is designed to mobilise private, institutional and concessional capital while supporting policy reforms that make Africa’s aviation market more financially sustainable.

The programme was unveiled during the Airlines, Capital and Connectivity Forum, held in Nairobi from February 25 to 26, 2026. The event, organised by AfDB in partnership with the African Airlines Association (AFRAA), brought together airline executives, transport ministers, regulators, investors, aircraft manufacturers and development partners to explore ways to translate growing demand for air travel into sustainable industry growth.

Africa’s aviation sector is expected to expand rapidly in the coming decades, but growth has been constrained by infrastructure gaps, fragmented regulations and high financing costs. AfDB officials say the new aviation programme aims to bridge these gaps by de-risking investments, improving access to capital and supporting reforms that strengthen the sector’s long-term viability.

Africa is widely seen as one of the fastest-growing aviation markets globally, driven by urbanisation, demographic expansion and the rise of a middle class across several economies.

Yet industry leaders warn that demand growth has not been matched by sufficient investment or operational capacity.

Mike Salawou, AfDB’s director for infrastructure and urban development, said the sector’s investment pipeline needs urgent strengthening.

‘While Africa’s aviation demand outlook ranks among the strongest globally, supply-side capacity and investment readiness have lagged,’ Salawou said during the forum.

He explained that the Integrated Aviation Transformation Programme will focus on reducing investment risk and supporting early pilot transactions.

‘The IATP seeks to de-risk priority investments, support early pilot transactions, and restore confidence among commercial and institutional financiers,’ he added.

Industry statistics presented during the forum highlighted the scale of the challenge. Africa accounts for almost 18 percent of the global population but less than 3 percent of global air traffic.

AFRAA secretary general Abderahmane Berthé said the imbalance reflects structural barriers rather than weak passenger demand.

‘Africa represents nearly 18 percent of the global population but accounts for less than 3 percent of worldwide air traffic, reflecting structural and regulatory barriers rather than weak demand,’ Berthé said.

African Union officials emphasised that aviation will play a central role in the continent’s broader economic integration agenda.

Eric Ntagengerwa, head of transport and mobility at the African Union Commission, delivered keynote remarks on behalf of Lerato Dorothy Mataboge, the AU commissioner for infrastructure and energy.

He highlighted the strategic importance of air connectivity in supporting trade, tourism and economic competitiveness across Africa.

Ntagengerwa also noted that the Single African Air Transport Market (SAATM) has been designated as the African Union’s theme for 2027, underscoring the bloc’s commitment to strengthening continental air connectivity.

Improved aviation links are considered vital to advancing the African Continental Free Trade Area and facilitating cross-border business and mobility.

Despite strong growth prospects, African airlines continue to face financial pressures.

According to projections by the International Air Transport Association, African carriers are expected to record net profit margins of just 1 to 2 percent in 2026, significantly below the global industry average of 3.9 percent.

High fuel costs, heavy taxation, regulatory fragmentation and limited hub infrastructure remain major obstacles.

Forum participants noted that improving airline profitability will require coordinated policy reforms alongside large-scale investment in airport infrastructure, logistics networks and airline financing structures.

Discussions during the Nairobi forum focused on translating continental aviation ambitions into concrete investment opportunities.

Participants explored ways to strengthen airline bankability, develop climate-aligned aviation projects, expand cargo and logistics capacity and improve aviation workforce training.

Another key focus was the use of innovative risk-sharing instruments under the AfDB programme to attract institutional investors.

Officials from Nigeria, Kenya and Ethiopia shared experiences on aligning national aviation strategies with continental goals while creating opportunities for investment in airports, airlines and related infrastructure.

Samuel Obafemi Bajomo, senior adviser to Nigeria’s aviation ministry, stressed the importance of stable and forward-looking policy frameworks.

‘Forward-looking, pro-investment policy frameworks are critical to strengthening connectivity and unlocking Africa’s growth potential and positioning aviation as a catalyst for trade, tourism, and shared prosperity,’ Bajomo said.

Participants at the forum concluded that Africa’s aviation demand trajectory is clear and accelerating. The next phase, they said, will require coordinated action to align policy reforms, capital mobilisation and infrastructure development so that aviation can become a durable driver of inclusive growth and regional integration across the continent.

African Development Bank Group
Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Newsdesk
  • Website

Related Posts

Reps approve $516m loan for Sokoto–Badagry superhighway

April 28, 2026

PTAD settles final N32,000 pension arrears for DBS retirees

April 28, 2026

Nigerians urge new airtime, data lenders to be transparent, flexible

April 28, 2026

Leave A Reply Cancel Reply

Naira outperforms African peers despite persistent FX pressures

April 28, 2026

LASU begins indigeneship verification for 2026/2027 admissions

April 28, 2026

Reps approve $516m loan for Sokoto–Badagry superhighway

April 28, 2026

Court affirms FCCPC’s power to probe medical negligence

April 28, 2026
About Us
About Us

ASHENEWS (AsheNewsDaily.com), published by PenPlus Online Media Publishers, is an independent online newspaper. We report development news, especially on Agriculture, Science, Health and Environment as they affect the under-reported rural and urban poor.

We also conduct investigations, especially in the areas of ASHE, as well as other general interests, including corruption, human rights, illicit financial flows, and politics.

Contact Info:
  • 1st floor, Dogon Daji House, No. 5, Maiduguri Road, Sokoto
  • +234(0)7031140009
  • ashenewsdaily@gmail.com
Facebook Twitter Instagram Pinterest
© 2026 All Rights Reserved. ASHENEWS Daily Designed & Managed By DeedsTech

Type above and press Enter to search. Press Esc to cancel.