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Barr Festus Keyamo, Aviation & Aerospace Development Minister, AfDB African Champion for Aviation
The African Development Bank (AfDB) has appointed Nigeria’s Aviation Minister, Festus Keyamo, as the African Champion to drive its program to invest substantially in aviation in Africa.
According to the media statement from the office of the aviation minister, the recognition is in respect of “the Integrated Aviation Transformation Program for Africa (IATP) for which it has earmarked the sum of $7 billion (Seven Billion Dollars)”.
The statement explained that “In this respect, the bank has invited the Minister to its Annual Meeting holding in Brazzaville on the 28th of May, 2026, during which the formal signing of the LETTER OF INTENT (LOI) between the Bank and Nigeria will take place”.
It noted that “the Integrated Aviation Transformation Program for Africa is a continent-wide platform designed to modernize Africa’s aviation ecosystem and mobilize private, institutional, and concessional capital.”
It further stated thus, “It seeks to revitalize the industry as African airlines currently account for less than 3 percent of global air traffic despite housing nearly 18 percent of the global population’.
The Aviation Minister is now expected to bring his knowledge, commitment and passion to drive this program in the whole of Africa. The Bank expressed its deep gratitude to the Minister for his commitment to advancing Aviation in the whole of Africa.
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