The Reporter Ethiopia
Ashenafi Endale
23 May 2026
AfDB seeks auditors to review lenders’ financial model for mega financing plan
Ethiopian planners evaluated eight alternative sites for the Bishoftu International Airport, including several that would have cost less than half the price of the Abusera project now being built.
Among the shortlisted locations, three carried projected development costs below USD 5.5 billion. The least expensive option was estimated at USD 5.27 billion, substantially below the current projected cost of the Bishoftu International Airport (BIA), which is expected to exceed USD 13 billion upon full completion...
