Hi Jack,
Looks like funding may not be a direct drain on the Ethiopian Government Treasury. The article states : Reports from Reuters indicate that <https://www.reuters.com/world/africa/ethiopia-begins-125-billion-construction-africas-biggest-airport-2026-01-10/> Ethiopian Airlines will fund 30% of the project, and that the remaining capital will be credited by the African Development Bank, and other interested parties from the Middle East, Europe, China, and the USA.” The article says that development would occur in phases. If the venture is successful, I suspect it would create a bunch of relatively well-paying jobs and add other valuable economic activity. Don Garvett From: Jack Keady via Mifnet <[email protected]> Sent: Monday, January 12, 2026 2:15 PM To: David Wardell via Mifnet <[email protected]> Cc: Jack Keady <[email protected]> Subject: [Mifnet 🛰 75084] Fw: Africa's First Mega-Hub: Ethiopian Airlines' $12.5 Billion Airport To Open In 2030 seems like a big expensive project for a poor country. Good luck to them. keady Sent: Monday, January 12, 2026 at 01:36:16 AM PST Subject: Africa's First Mega-Hub: Ethiopian Airlines' $12.5 Billion Airport To Open In 2030 <https://static0.simpleflyingimages.com/wordpress/wp-content/uploads/2026/01/855-ethiopian-airlines-airbus-a350-photosounds-_-shutterstock-simple-flying.jpg?w=1600&h=900&fit=crop> simpleflying.com Africa's First Mega-Hub: Ethiopian Airlines' $12.5 Billion Airport To Open In 2030 When complete, the new airport will handle over four times (over 100 million passengers per year) the current capacity of Addis Ababa Airport. <https://simpleflying.com/africas-first-mega-hub-ethiopian-12-billion-airport-open-2030/> 🔗 https://simpleflying.com/africas-first-mega-hub-ethiopian-12-billion-airport-open-2030/
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