Ethiopian forces recapture Mekelle airport from Tigrayan fighters

Ethiopian forces have successfully recaptured Mekelle airport from Tigrayan fighters, reversing a takeover that occurred last month. This development is significant for the Ethiopian economy, as the conflict in the Tigray region has already disrupted trade and affected the country's overall economic growth. The recapture of the airport could help to stabilize the region and improve access to essential goods and services, which in turn could have a positive impact on the Ethiopian stock market, particularly the ETSE index.

Why it matters

The recapture of Mekelle airport is a significant military victory for Ethiopian federal forces. This development could lead to a shift in the balance of power in the region, potentially affecting the conflict's trajectory.

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