April 3, 2026
Nigeria secures aircraft financing deal with German firm
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Nigeria secures aircraft financing deal with German firm

Nigeria secures aircraft financing deal with German firm

Nigeria’s aviation sector has secured an aircraft financing and leasing partnership with Aircraft Finance Germany and Fidelity Bank Plc. The agreement was announced on Friday following the Nigerian Aircraft Acquisition and Investment Summit 2026, held earlier this week.

A spokesman for the Ministry of Aviation and Aerospace Development, Tunde Moshood, said the deal is expected to improve access to aircraft acquisition and leasing for Nigerian operators through structured financing solutions.

The summit, an initiative of the Minister of Aviation and Aerospace Development, Festus Keyamo, brought together industry stakeholders to address longstanding challenges in aircraft financing, regulation and infrastructure. Discussions were held across four deal rooms focusing on finance, policy, insurance and infrastructure.

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Agreements were also reached involving key institutions, including the Central Bank of Nigeria, the Federal Airports Authority of Nigeria and Afreximbank, to support fleet expansion and infrastructure development. The Director General of the Nigeria Civil Aviation Authority, Chris Najomo, said the next edition of the summit will hold on April 1 and 2, 2027.

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