Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Ethiopia Business Report.
Ethiopian Diaspora Trust Fund Expands Board with Addition of Four New Members
EIN Presswire
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August 12, 2025
New EDTF Board Members Bring a Wealth of Knowledge and Experience to the Fund, from Aviation and Finance to Construction, Advocacy and NGOs WASHINGTON, DC, UNITED STATES, August 12, 2025 /EINPresswire.com/ -- The Ethiopian Diaspora Trust Fund...
Ethiopia, Somalia Move to Restore Diplomatic Ties
MENAFN
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August 7, 2025
(MENAFN) Ethiopia’s newly appointed envoy to Somalia, Suleiman Dedefo, has formally delivered his credentials to Somali President Hassan Sheikh Mohamud, marking a move toward normalizing diplomatic relations after several months of strained...
Ethiopia Taps New Ambassador to Somalia to Ease Diplomatic Strains
MENAFN
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August 6, 2025
(MENAFN) Ethiopia’s newly appointed ambassador to Somalia, Suleiman Dedefo, has formally handed over his credentials to Somali President Hassan Sheikh Mohamud, marking a significant step toward easing diplomatic strains between the two nations....
Itafos Continues to Deliver Strong Operational and Financial Performance - Q2 2025 Operational and Financial Results
GlobeNewswire, Inc.
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August 6, 2025
HOUSTON, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Itafos Inc. (TSX-V: IFOS) (OTCQX: ITFS) (the “Company”) today reported its Q2 2025 financial results and provided a corporate update. The Company’s financial statements and management’s discussion and...
Media reports worldwide trade hub seeking Russia collaboration
MENAFN
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August 6, 2025
(MENAFN) Egypt’s Suez Canal Authority is aiming to establish a formal partnership with Russia, according to RIA Novosti. Currently, Russia is partnered only with the Suez Canal Economic Zone in Port Said, but there is interest in expanding...
Media reports international trade hub wanting Russia partnership
MENAFN
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August 5, 2025
(MENAFN) Egypt’s Suez Canal Authority is looking to formalize a direct partnership with Russia, according to a report by RIA Novosti. While Moscow already collaborates with Egypt through a major industrial initiative in the Suez Canal Economic...
[Latest] Global Reactive Dyes Market Size/Share Worth USD 14.25 Billion by 2034 at a 9.4% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth Rate, Value, SWOT Analysis)
GlobeNewswire, Inc.
·
August 5, 2025
Austin, TX, USA, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Reactive Dyes Market Size, Trends and Insights By Type (Reactive Cold Dyes, Reactive Hot Dyes, Reactive HE Dyes, Reactive ME...
Italy’s PM Applauds EU-U.S. Trade Agreement
MENAFN
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August 3, 2025
(MENAFN) Italian Prime Minister Giorgia Meloni expressed strong support on Monday for the recently finalized trade agreement between the European Union and the United States, emphasizing that any conflict between the two would have led to severe...
Ethiopia Dismisses US Funding Claims
MENAFN
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July 27, 2025
(MENAFN) Ethiopia has dismissed assertions made by US President Donald Trump, who claimed that Washington financially supported the multibillion-dollar hydropower dam constructed on the Blue Nile. The East African nation labeled these allegations...
Ethiopia hits out at Trump over mega-dam allegation
MENAFN
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July 26, 2025
(MENAFN) Ethiopia has firmly rejected claims by U.S. President Donald Trump that Washington financed the Grand Ethiopian Renaissance Dam (GERD), calling the statement untrue and harmful. At a recent dinner with Republican senators, Trump asserted...
Crushing, Screening, and Mineral Processing Equipment Market to Reach $40.55 Billion at 5.6% CAGR: Sandvik AB
EIN Presswire
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July 30, 2025
Crushing, Screening, and Mineral Processing Equipment Market to Reach $40.55 Billion at 5.6% CAGR: Sandvik AB WILMINGTON, DE, UNITED STATES, July 30, 2025 /EINPresswire.com/ -- Allied Market Research published a report, titled, "Crushing,...
Ethiopia Arrests Suspected IS Militants
MENAFN
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July 20, 2025
(MENAFN) Ethiopian authorities have detained numerous individuals believed to be members of the Islamic State (IS, formerly ISIS), who are suspected of planning assaults across the nation, as reported by a state-run broadcaster on Tuesday. The...
Ethiopia's fire destroy more than one thousands of homes
MENAFN
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July 20, 2025
(MENAFN) A massive fire has destroyed more than 1,800 structures in Ethiopia’s northeastern Afar region, according to local officials. The blaze broke out Thursday afternoon in the Dallol district, devastating homes and businesses. District...
Ethiopia detains dozens of suspected IS militants
MENAFN
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July 19, 2025
(MENAFN) Ethiopian authorities have detained dozens of suspected Islamic State (IS) militants accused of planning attacks across the country, according to a report by state broadcaster Fana, citing the National Intelligence and Security Service...
Ethiopian authorities detain dozens of suspected IS
MENAFN
·
July 19, 2025
(MENAFN) Ethiopian authorities have apprehended dozens of individuals believed to be linked to the Islamic State (IS), who were allegedly planning coordinated attacks across the country, according to reports citing the National Intelligence and...
Trump Asserts BRICS “Fading Out Fast”, Signals Economic Retaliation
MENAFN
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July 20, 2025
(MENAFN) President Donald Trump asserted that the BRICS alliance is “fading out fast” while issuing a stark warning that any efforts by the group to undermine the US dollar would provoke a strong economic response. At a White House briefing on...
Africa Capitalworks invests for sustainable impact
EIN Presswire
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August 12, 2025
Africa Capitalworks fuels Africa’s growth by backing market leaders in vital sectors, delivering strong returns and lasting social and economic impact. MAURITIUS, August 12, 2025 /EINPresswire.com/ -- Africa Capitalworks invests for sustainable...
Bitdeer Announces July 2025 Production and Operations Update
GlobeNewswire, Inc.
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August 13, 2025
- Increased self-mining hashrate by 35% to 22.3 EH/s on continued deployment of SEALMINERs - 159 MW energized in Bhutan and Norway; Rockdale, Texas Hydro-cooling conversion completed SINGAPORE, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Bitdeer...
Climate Change Sparks Surge in Global Food Prices
MENAFN
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August 9, 2025
(MENAFN) Global food prices are surging sharply as extreme weather events linked to climate change disrupt crop production worldwide. A recent study by European researchers, titled “Climate extremes, food price spikes, and their wider societal...
Global Leaders Call for Food Systems Overhaul
MENAFN
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July 29, 2025
(MENAFN) Global leaders urgently called for coordinated efforts to tackle the mounting challenges threatening food systems worldwide. This appeal came during the second United Nations Food Systems Summit, currently convening in Addis Ababa,...