The African Development Bank has appointed Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, to lead a major continental initiative aimed at transforming Africa’s aviation sector.
The appointment, announced under the bank’s Integrated Aviation Transformation Programme for Africa, recognises Nigeria’s growing role in advancing aviation financing and sector reforms across the continent.
In a letter signed on behalf of the AfDB by Mike Salawou, the bank commended Nigeria for its strong participation during the early stages of the programme, describing the country’s commitment as exemplary.
According to the AfDB, the initiative seeks to attract private and institutional investments, reduce financing risks within the aviation industry and position the sector as a catalyst for regional integration and economic development in Africa.
The bank noted that the Federal Government had completed the programme’s country survey, progressed discussions on a national compact and identified viable investment opportunities in aircraft financing.
It also revealed that Nigeria is exploring the establishment of a national aviation financing platform that could become a model for other African countries seeking to strengthen their aviation industries.
The AfDB further stated that Nigeria has emerged as one of the leading supporters of the aviation transformation programme due to its proactive engagement and policy direction.
As Champion of the initiative, Keyamo is expected to participate in a high-level side event during the 2026 AfDB Annual Meetings, where he will present Nigeria’s aviation transformation agenda to investors, development partners, regulators and airline operators.
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