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Ethiopian Securities Exchange Soars Above Target in Capital-Raising Effort

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Category: Capital Market and Commodity Exchange

ESX Logo

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

Last Updated on 04 April 2024
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Ethiopian Securities Exchange to Register Five Major Companies in Six Months

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Category: Banking and Finance

ESX ESX ESX

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.

Last Updated on 07 February 2025
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Ethiopian Securities Exchange Welcomes Its First Private Investor

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Category: Capital Market and Commodity Exchange

ESX LogoZemen 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.

Last Updated on 17 January 2024
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Ethiopian Seeking for Stopover at Ireland’s Capital

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Category: Latest Business Alerts

Ethiopian AirlinesThe 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.

Last Updated on 15 July 2014
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Ethiopian Selects ING for $1.45 Billion Aircraft Financing Scheme

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Category: Latest Business Alerts
The Ethiopian Airlines announced last week that it had selected ING, an international bank, to finance the 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.

Last Updated on 14 August 2013
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