The Airlines, Capital & Connectivity Forum

The Airlines, Capital & Connectivity Forum held from 25 to 26 February 2026 in Nairobi, convened by the African Airlines Association (AFRAA) Airlines Association in collaboration with the African Development Bank Group, brought together policymakers, airline leaders, financiers, OEMs, and development institutions to formally launch the Integrated Aviation Transformation Program (IATP) – a decisive step toward reshaping Africa’s aviation landscape.

For Kenya Association of Air Operators (KAAO) members and stakeholders, the discussions directly addressed the structural constraints affecting operators across the continent, from elevated aircraft financing costs and aging fleets to infrastructure gaps and regulatory fragmentation. With Africa representing 18% of the global population but only 2–3% of global air traffic, the urgency for coordinated, execution-driven solutions was clear.

At the center of the initiative is the Aviation Finance & Connectivity Facility (AFCF); a USD 7 billion blended-finance platform designed to unlock capital for fleet renewal, airport modernization, MRO expansion, sustainability initiatives and strengthened regional connectivity. These pillars align closely with KAAO’s advocacy on sustainable cost structures, competitive financing and infrastructure that supports safe and efficient operations.
Importantly, the engagement moved beyond strategy to transaction structuring – demonstrating what an IATP pilot deal could look like in practice and signaling a shift from dialogue to implementation.

For Kenya and the broader region, the message was clear: Africa’s aviation transformation is no longer a distant ambition; it is an active investment agenda grounded in partnership, capital mobilization and measurable outcomes.

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