For what it describes as Nigeria’s ‘leadership and vision’ in respect of various policy reforms to transform Nigeria’s Aviation sector, the African Development Bank (AfDB) has appointed Nigeria’s Aviation Minister, Festus Keyamo, as the African Champion to drive its program that has been developed to invest substantially in aviation in Africa, Tunde Moshood, Special Adviser on Media and Communications to the Minister, said in a statement on Sunday.
This is the Integrated Aviation Transformation Program for Africa (IATP) for which it has earmarked the sum of $7 billion.
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.
The Integrated Aviation Transformation Programme for Africa is a continent-wide platform designed to modernize Africa’s aviation ecosystem and mobilize private, institutional, and concessional capital. 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.
