The proposed operation is a FAPA grant of USD 340,000 to support the creation of an African Airlines leasing platform project. The Project addresses the scarcity of financing faced by African airlines, by developing an in-depth Africa-focused leasing market study and strategies to enhance this market. FAPA’s support is particularly crucial in boosting the adoption of these initiatives, as funding will contribute to creating awareness and disseminating key outcomes to aviation professionals. The Project will create an enabling investment and business climate, by creating a framework that covers both operational and regulatory issues in Africa’s aircraft leasing market. It will strengthen financial systems across Africa’s aviation industry by enabling the creation of a leasing platform to ease access to aircraft leasing/acquisition for the aviation industry; build competitive infrastructure (in considering Aircraft as part of the aviation infrastructure) and; promoting trade (with air transport as a vector both for passengers and freight). The Project hinges on the two following components: (i) Development of feasibility study and 5-year business plan for a leasing platform; (ii) Development of a detailed strategic plan for operationalizing the platform. It will be implemented over a period of 12 months from the date of approval.

International

African Development Bank Group

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18.10.2020

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