AfDB Appoints Keyamo Champion of Aviation Programme for Africa
The African Development Bank appointed Festus Keyamo as African champion for a $7bn aviation transformation programme aimed at modernising Africa’s aviation sector and expanding investment across the continent.
The African Development Bank (AfDB) has appointed Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, as African champion for its newly launched Integrated Aviation Transformation Programme for Africa, a $7bn initiative aimed at reshaping the continent’s aviation sector.
According to the appointment letter, the decision follows Nigeria’s leadership in aviation reforms and efforts to improve investor confidence in the sector.
The programme is designed to mobilise major investments into Africa’s aviation industry through private, institutional and concessional funding, with a focus on infrastructure development, financing and policy coordination.
The AfDB said Keyamo’s role will involve driving continental collaboration to modernise air transport systems and expand aviation capacity across Africa.
A statement by the Special Adviser on Media and Communications to the Minister, Tunde Moshood, confirmed that Keyamo has been invited to the AfDB Annual Meetings scheduled for Thursday in Brazzaville, Congo, where a Letter of Intent between Nigeria and the bank will also be signed.
The bank noted that although Africa represents about 18% of the global population, its airlines account for less than 3% of global air traffic, a gap the initiative seeks to address.
It added that the programme aims to unlock investment and improve connectivity across African aviation markets.
The AfDB also praised Keyamo’s commitment to aviation reforms and expressed confidence in his ability to drive the initiative forward.
Related stories
News
DJ Chicken Calls Seyi Tinubu 'Daddy', Uses His Photo After Release
DJ Chicken has changed his Instagram profile picture to Seyi Tinubu's and referred to him as "Daddy" after being released from detention. The move comes days after he was granted bail over charges linked to alleged threats against the President's son.
News
FG Cuts Textbook Assessment Fees, Orders Refunds for Publishers
The Federal Government has reduced textbook assessment fees from ₦2,000 to ₦1,500 per page and ranking fees from ₦1 million to ₦750,000 per title, while ordering refunds for publishers who paid the previous charges ahead of the rollout of the National Textbook Ranking System.
News
NiMet, NCCC to Sign MoU on Climate Services, Data Management
NiMet and the National Council on Climate Change will sign a Memorandum of Understanding to strengthen collaboration on climate services, data management, research and early warning systems, with the goal of improving Nigeria's climate resilience and supporting evidence-based policymaking.
News
Ganduje Says Obi, Kwankwaso Lack Legacy to Win 2027 Election
Former APC National Chairman Abdullahi Ganduje says Peter Obi and Rabiu Kwankwaso lack the political legacy and governance record needed to win the 2027 presidential election, expressing confidence that the APC will retain power.
Comments (0)
Leave a comment
All comments are moderated before publishing. Your email is never published.