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.

Kenyan politician states Trump’s tariffs will only accelerate de-dollarization
(MENAFN) Booker Omole, General Secretary of the Communist Party Marxist – Kenya, has warned that US President Donald Trump’s proposed 10% tariff on imports from BRICS nations will likely backfire, accelerating global efforts to reduce reliance on...

Van Hollen Condemns Israeli Push for U.S. Support in Relocation Plans
(MENAFN) U.S. Senator Chris Van Hollen strongly criticized Israel on Friday for allegedly attempting to secure American backing in orchestrating agreements with third-party nations to relocate Palestinians from the Gaza Strip. "A truly outrageous...

Brazil criticizes NATO’s Russia sanctions warnings
(MENAFN) Brazilian Foreign Minister Mauro Vieira strongly criticized NATO Secretary-General Mark Rutte’s recent remarks threatening secondary sanctions against BRICS countries that continue trading with Russia. Rutte had warned that Brazil, India,...

BitFuFu Reaffirms Commitment to Sustainable and Efficient Bitcoin Mining in 2025
SINGAPORE, July 10, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a world-leading Bitcoin miner and mining services innovator, today reaffirmed its ongoing commitment to building a more sustainable and...

The OneSight EssilorLuxottica Foundation Sets New Pace in Africa with One Million People Reached in Six Months of 2025
NAIROBI, Kenya, July 17, 2025 (GLOBE NEWSWIRE) -- The OneSight EssilorLuxottica Foundation has reached a major milestone in the fight against the global vision crisis: over one million people across Africa have received a pair of eyeglasses since...

ABL Diagnostics Signs Distribution Agreement with Anatech to Expand Molecular Detection in South Africa, Southern Africa
WOIPPY, FRANCE, July 16, 2025 /EINPresswire.com/ -- ABL Diagnostics (FR001400AHX6 – ABLD, the “Company”), a Euronext-listed leader in molecular diagnostics, is pleased to announce a distribution agreement with Anatech Instruments (Pty) Ltd...

Bolivian Leader asks nations to stop their dependence on US
(MENAFN) Bolivian President Luis Arce called on nations around the world to move away from dependence on the U.S. dollar in international trade, advocating instead for the use of national currencies or alternative payment systems. His remarks were...

Malaysia Vows Deeper BRICS Ties
(MENAFN) On Tuesday, Malaysia reaffirmed its dedication to deepening economic, trade, and investment partnerships with BRICS nations, emphasizing the critical role of artificial intelligence (AI) as a driver for inclusive growth. This declaration...

Trump issues warning to impose 10 percent duties on BRICS
(MENAFN) US President Donald Trump has issued a warning that countries aligned with the BRICS economic bloc could soon face an additional 10% tariff. Trump has intensified his criticism of BRICS in recent weeks, accusing the group of adopting...

Putin Says BRICS Outpaces G7 in GDP
(MENAFN) Russian President Vladimir Putin has declared that BRICS has overtaken the Western-led Group of Seven (G7) in terms of total GDP, signaling a dramatic shift in global economic influence. Addressing the 17th annual BRICS summit in Rio de...

Kremlin says G7 is ‘unviable’
(MENAFN) Russia has no interest in the Group of Seven (G7), as the format is outdated and no longer influential, Kremlin spokesman Dmitry Peskov said. He argued that the global dominance of the G7 nations is steadily declining and nearing its end....

Trump warns nations cooperating with BRICS with tariffs
(MENAFN) US President Donald Trump has warned that any nation engaging in trade with the BRICS economic bloc will face an extra 10% tariff, with “no exceptions,” accusing the group of pursuing “anti-American policies,” according to statements made...

Trump issues threat to BRICS partners to impose additional tariffs
(MENAFN) US President Donald Trump has threatened to impose an extra 10% tariff on any country that sides with the BRICS economic bloc, accusing the group of pursuing “anti-American policies.” This warning came shortly after BRICS wrapped up its...

Putin states BRICS outperforming G7
(MENAFN) Russian President Vladimir Putin stated on Sunday that BRICS has overtaken the G7 in terms of total economic output, marking a significant shift in global power dynamics. Speaking via video at the 17th annual BRICS summit in Rio de...

Modi assures ‘India is committed to BRICS’
(MENAFN) Indian Prime Minister Narendra Modi emphasized India’s strong commitment to BRICS, describing it as a key platform for cooperation among emerging economies in the Global South. Speaking ahead of the BRICS Summit scheduled for July 6-7 in...

China Dismisses U.S. Additional Tariffs Threat on BRICS Allies
(MENAFN) On Monday, China firmly dismissed threats of “additional” US tariffs targeting countries that side with the BRICS coalition, emphasizing that trade conflicts yield no winners. Speaking at a live-streamed news briefing in Beijing, China’s...

Russia Emphasizes BRICS Is Not Against Any Nation
(MENAFN) Russia reaffirmed on Monday that collaboration within the BRICS alliance “never has and never will be" aimed at any external countries. This declaration came as U.S. President Donald Trump issued a warning about possible new tariffs on...

Russia Says BRICS Group “Never Will Be” Against Other Nations
(MENAFN) On Monday, Russia emphasized that collaboration within the BRICS group “never has and never will be" targeted at other nations, as US President Donald Trump threatened to enforce extra tariffs on countries siding with the economic...

Lavrov Arrives in Brazil for 17th BRICS Summit
(MENAFN) Russian Foreign Minister Sergey Lavrov landed in Brazil on Sunday to participate in the BRICS economic group's summit, an alliance in which Russia holds founding member status. According to an official Russian news outlet, Lavrov touched...

Russian Foreign Minister Attends BRICS Summit in Brazil
(MENAFN) Russian Foreign Minister Sergey Lavrov arrived in Brazil on Sunday to take part in the 17th BRICS summit, a key gathering of the economic bloc, which Russia helped establish. According to a Russian state news agency, Lavrov landed in Rio...