The African Development Bank (AfDB), a multilateral development finance institution, headquartered in Abidjan, Ivory Coast, established during the 1960s with the objective of supporting the economic development and social progress of countries in Africa, has launched the Integrated Aviation Transform Programme (IATP) at Airlines, Capital and Connectivity Forum hold in the capital of Kenya, Nairobi.
The Forum which took place from 25th to 26th February 2026 in the Kenyan capital highlighted the $7 billion Aviation Finance & Connectivity Facility, aiming to address high operation costs, enable fleet renewal, improve infrastructure through public private partnerships, boost continental air connectivity, enhance safety, build industry skills, expand access to affordable aircraft, support airport upgrades and encourage greener operations, measures expected to lower costs and open new routes that benefit trade and tourism in the continent.
The programme designed as a continent - wide, comprehensive modernization and financing platform to enhance the African Aviation sector is structured around three pillars will help operationalise the Single African Air Transport Market, strengthen safety oversight and also invest in training for pilots, technical staff and airport operations.
The African Development Bank (AfDB) stated that improved efficiency and connectivity should stimulate economic growth and regional integration, including support for the African Continental Free Trade Area (AfCFTA), a landmark agreement creating the world’s largest free trade area by uniting 55 African Union economies into a single market for goods and services, with stakeholders exploring blended finance, green bonds and regional investments to accelerate delivery.
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