Ethiopian Securities Exchange Soars Above Target in Capital-Raising Effort

Ethiopian Securities Exchange (ESX) revealed that it had achieved a major milestone, exceeding its capital-raising target by a significant margin.

Ethiopian Securities Exchange (ESX) revealed that it had achieved a major milestone, exceeding its capital-raising target by a significant margin.

The Ethiopian Securities Exchange (ESX) announced plans to register five major companies within the next six months. This follows the official launch of the ESX earlier this year by Prime Minister Abiy Ahmed.
Zemen Bank has become the first private entity to secure an agreement with the Ethiopian Securities Exchange (ESX) by investing Birr 47.5 million to acquire a 5% ownership share. This fulfills the minimum requirement set by ESX for investors as of January 11, 2024.
The first step to allow Ethiopian Airlines to stop at Dublin airport in order to collect passengers has been taken by the Irish government. Ethiopian will make the stop when making its trek to Los Angeles.
purchase of 15 passenger jet aircraft from Boeing. The amount of the loan is estimated to be around 1.45 billion dollars.
The airlines placed orders for 10 Dreamliners in 2005 valued at 1.5 billion dollars. Originally, deliveries were scheduled for 2008-2010, which Boeing failed to meet. Now Ethiopian expects to receive the first two of ten Dreamliners next March which it ordered in 2005.