Minister for Aviation and Aerospace Development, Festus Keyamo. Credit: Festus Keyamo / X
The African Development Bank has appointed Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, as the African champion for its newly unveiled Integrated Aviation Transformation Programme for Africa, a $`7bn initiative aimed at repositioning the continent’s aviation industry.
According to the letter of appointment obtained by our correspondent on Wednesday, the appointment follows what it described as Nigeria’s leadership and vision in implementing reforms targeted at transforming the country’s aviation sector and improving investor confidence.
The development is expected to further strengthen Nigeria’s influence within Africa’s aviation space, while placing Keyamo at the forefront of efforts to drive infrastructure development, financing and policy coordination across the continent’s air transport industry.
Under the programme, the AfDB plans to mobilise substantial investments into Africa’s aviation ecosystem through a combination of private, institutional and concessional funding.
