The Ethiopian Disaster Risk Management Council is relocating around 60,000 residents in the two regions to temporary shelters because of the risk of further earthquakes. The earthquakes have also ...

Alula said neither Tigray's regional administration nor Ethiopia's federal government had fulfilled their responsibilities. As a result, many displaced people continue to live in tents. "About 600 ...

Ethiopia's Afar and Oromia regions have been hit by several earthquakes and tremors since the beginning of 2025. The strongest, with a magnitude of 5.7, struck on 4 January. The US Geological ...

Vivajets, the flagship brand of Falcon Aerospace Limited, is on track to expand its fleet with three Bombardier Challenger 604s to meet growing demand for private jet charter services, driven in part ...

The IMF Executive Board completed the second review of the arrangement under the Extended Credit Facility (ECF) for Ethiopia, allowing the authorities to draw the equivalent of about US$248 million ...

The new Ethiopian Securities Exchange aims to spearhead the country’s economic transformation. CEO Tilahun Kassahun discusses the roadmap, from SOE privatisation to fostering investor confidence. On ...

But the peal of the bell did not initiate a flurry of trading at the Ethiopian Securities Exchange ... is the “icing on the cake”, says Tilahun Kassahun, its chief executive, who hopes ...

A semi-desert plain that lies between two rugged mountains has, for about five months, been the epicenter of volcanic activity in Ethiopia's Afar region. From a distance, it looks serene and peaceful.

As at the time of the launch of ESX, just one company, Wegagen Bank, was initially listed on the Ethiopian Security Exchange (ESX), though Tilahun Esmael Kassahun, ESX chief executive said he expected ...

This is expected to attract both domestic and international investors, further strengthening Ethiopia’s financial markets. ESX CEO Tilahun Esmael Kassahun was optimistic that the new bourse would ...