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.
Lavrov criticizes IMF, World Bank for favoring Ukraine over Africa
(MENAFN) Russian Foreign Minister Sergey Lavrov has sharply criticized the International Monetary Fund (IMF) and the World Bank for what he described as a grossly unequal distribution of financial aid, claiming Ukraine has received more support...
Four Decades After Live Aid, Ethiopia’s Hunger Crisis Returns
“On the Frontlines of Hunger” reveals Tigray’s battle against hunger and global silence. BLOOMFIELD, NJ, UNITED STATES, July 10, 2025 /EINPresswire.com/ -- Forty years after the world united through the historic Live Aid concerts to raise funds...
BRICS seventieth summit: focusing on geopolitical instability, economic cooperation
(MENAFN) Leaders and senior officials from BRICS member states are convening this Sunday and Monday in Rio de Janeiro for the alliance's 17th annual summit, with discussions expected to focus on geopolitical instability, economic cooperation, and...
Tourism Source Market Poised to Reach US$ 1.1 Trillion by 2032 with a 6.6% CAGR
By tourist type, the group segment dominated the global market and is likely to remain dominant during the forecast period. WILMINGTON, DE, UNITED STATES, June 25, 2025 /EINPresswire.com/ -- The Tourism Source Market Size was valued at $599.40...
Power Outage Rocks Ethiopia
(MENAFN) Parts of Ethiopia, including its capital city Addis Ababa, were hit by a power outage, the Ethiopian Electric Utility announced on Monday. The state-run power company explained in an official statement that the disruption was triggered by...
Anbessa MICE Launches to Redefine Ethiopia’s MICE and Incentive Travel Landscape
Pioneering Sustainable and Premium MICE Experiences in Ethiopia ADDIS ABABA, ETHIOPIA, June 6, 2025 /EINPresswire.com/ -- Anbessa MICE, Ethiopia's newest and most dynamic MICE operator and Destination Management Company (DMC), officially...
President Cyril Ramaphosa arrives in Addis Ababa, Ethiopia leading South African delegation to the African Union Summit
President Cyril Ramaphosa has arrived in Addis Ababa, Ethiopia, to lead the South African delegation to the 38th Ordinary Session of the Assembly of African Heads of State and Government. This gathering of continental leadership will take place...
Minister Dion George attends Committee of African Heads of State and Government on Climate Change (CAHOSCC) in Addis Ababa, Ethiopia, 15 Feb
The Minister of Forestry, Fisheries and the Environment, Dr Dion George, will attend the annual Committee of African Heads of State and Government on Climate Change (CAHOSCC) on 15 February in Addis Ababa, Ethiopia. The meeting, where Heads of...
Russian fertilizer company increases ship-outs to Africa
(MENAFN) Uralchem, one of Russia’s leading fertilizer producers, has announced plans to significantly increase its fertilizer exports to Africa, aiming to reach 5 million metric tons annually by 2030. The company’s CEO, Dmitry Konyaev, outlined...
President Cyril Ramaphosa concludes official visit to Addis Ababa, Ethiopia
President Matamela Cyril Ramaphosa has this evening concluded his visit to the Federal Republic of Ethiopia to participate at the 38th Ordinary Session of Heads of State and Government of the Assembly of the African Union. The Assembly took place...
Africa Export Competitiveness Report 2024: A Call to Action for Inclusive Growth and Shared Prosperity
The report expands its analysis to 40 African nations in 2024, providing a comprehensive assessment of export competitiveness . ADDIS ABBA, ETHIOPIA, October 10, 2025 /EINPresswire.com/ -- Africa Export Competitiveness Report 2024: A Call to...
Ethiopia to Host the Largest Tech Event in East Africa – Ethiopian Tech Expo (ETEX 2025)
The event, scheduled for May 16-18, 2025, at the Addis International Convention Center, will be organized and managed by QNA. DUBAI, UNITED ARAB EMIRATES, April 14, 2025 /EINPresswire.com/ -- The Information Network Security Administration...
Narendra Modi takes trip to plane collision location, meets sole survivor
(MENAFN) Indian Prime Minister Narendra Modi arrived in Ahmedabad on Friday morning to view the site of the Air India Boeing 787-8 Dreamliner crash that tragically claimed at least 290 lives a day earlier. The London-bound flight was carrying 242...
Stellar Market Research examines the growth rate of the Edible Oils and Fats Market during the forecast period 2025-2032
Edible Oils & Fat market size was valued at over USD 273.7 billion in 2024 and is expected to grow to USD 404.38 billion in 2032 at a CAGR of 5.0%. SAN DIEGO, CA, UNITED STATES, June 13, 2025 /EINPresswire.com/ -- The Global Edible Oils and Fats...
Passenger Cars Market Trends, Opportunities and Forecast 2025–2034 | Exactitude Consultancy
Luton, Bedfordshire, United Kingdom, June 09, 2025 (GLOBE NEWSWIRE) -- Introduction The global passenger cars market has been undergoing a transformative phase fueled by shifting consumer preferences, technological innovation, regulatory changes,...
Global Mofy Invests in Ethiopian Digital Freight Platform Wetruck AI to Advance Global AI Strategy and Drive Logistics Innovation in Africa
BEIJING, June 09, 2025 (GLOBE NEWSWIRE) -- Global Mofy AI Limited (the “Company” or “Global Mofy”) (Nasdaq: GMM), a generative AI-driven technology solutions provider engaged in virtual content production and the development of 3D digital assets...
Wingu Africa Partners with Ethiopian Artificial Intelligence Institute to Accelerate AI Innovation in Ethiopia
Wingu Africa and EAII partner to empower Ethiopian AI startups with infrastructure, mentorship, and global access to drive innovation and growth. ADDIS ABABA, ETHIOPIA, May 21, 2025 /EINPresswire.com/ -- Wingu Africa Partners with Ethiopian...
Political consultations between Slovenia and Ethiopia on enhancing cooperation
SLOVENIA, June 5 - These were the fourth political consultations between the two countries, demonstrating the strengthening of bilateral relations in recent years, primarily due to the opening of the Embassy of the Republic of Slovenia in Addis...
Allied Gold Announces Preliminary Third Quarter 2025 Operating Results
TORONTO, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Allied Gold Corporation (TSX: AAUC, NYSE: AAUC) (“Allied” or the “Company”) provides its preliminary operating results for the third quarter ending September 30, 2025. The Company produced over 87,000...
Ethiopia resumes accession negotiations with target of WTO membership by MC14
Minister of Trade and Regional Integration and WTO Chief Negotiator Kassahun Gofe Balami led the high-level Ethiopian delegation in Geneva. Several senior government officials from the Steering Committee on Accession and experts from ministries...