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Press Releases

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Ethiopian Diaspora Trust Fund Expands Board with Addition of Four New Members

Ethiopian Diaspora Trust Fund Expands Board with Addition of Four New Members

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...

Global Mofy Reports YoY 34.2% Increase in Revenue for the Six Months Ended March 31, 2025, Driven by Continued Efforts in R&D

Global Mofy Reports YoY 34.2% Increase in Revenue for the Six Months Ended March 31, 2025, Driven by Continued Efforts in R&D

Revenue achieved $26.7 million, up 34.2% from $19.9 million. R&D investments totaled $5.8 million, up from $0.8 million in the same period last year. Net Income was $5.0 million, or $1.19 per share. BEIJING, Aug. 18, 2025 (GLOBE NEWSWIRE) --...

Media reports worldwide trade hub seeking Russia collaboration

Media reports worldwide trade hub seeking Russia collaboration

(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

Media reports international trade hub wanting Russia partnership

(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...

Bitdeer Reports Unaudited Financial Results for the Second Quarter of 2025

Bitdeer Reports Unaudited Financial Results for the Second Quarter of 2025

- Q2 revenue of $155.6 million up 56.8% year-over-year and 121.9% sequentially - $69.5 million revenue from external sale of SEALMINER A2s - On track to achieve 40 EH/s of self-mining by end of October and exceed 40 EH/s by year-end - Entered into...

Media reports Somalia declining neighbor’s request to join naval drills

Media reports Somalia declining neighbor’s request to join naval drills

(MENAFN) Somalia has turned down Ethiopia’s request to take part in joint naval exercises within Somali territorial waters, citing violations of international maritime law and threats to its sovereignty, according to local media reports on Monday....

Somalia Rejects Ethiopia's Request for Joint Naval Drills

Somalia Rejects Ethiopia's Request for Joint Naval Drills

(MENAFN) Somalia has turned down a proposal from Ethiopia to take part in collaborative naval maneuvers within its own territorial waters, due to apprehensions over potential breaches of international maritime regulations and risks to its national...

Ethiopia Gears Up to Launch Soybean Meal Exports to China

Ethiopia Gears Up to Launch Soybean Meal Exports to China

(MENAFN) The Ethiopian Ministry of Trade and Regional Integration announced Tuesday that starting from the new fiscal year on July 8, soybean meal—a solid by-product left after extracting oil from soybeans—will be exported to China. As Ethiopia’s...

Media reports more African nations facing US visa prohibition

Media reports more African nations facing US visa prohibition

(MENAFN) The United States is reportedly preparing to broaden its controversial visa restrictions to include citizens from 36 more countries—25 of which are in Africa—according to an internal State Department memo cited by The Washington Post over...

Medical Teams International Makes Progress Against Sexual and Gender-Based Violence in Ethiopia

Medical Teams International Makes Progress Against Sexual and Gender-Based Violence in Ethiopia

ADDIS ABABA, Ethiopia, July 09, 2025 (GLOBE NEWSWIRE) -- Medical Teams International, a global health and humanitarian relief organization, has expanded and enhanced our services in Ethiopia addressing gender-based violence (GBV) and life-saving...

Four Decades After Live Aid, Ethiopia’s Hunger Crisis Returns

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...

Social Media Sensation Ashley Van-De-Cruize Lampkin Partners with Spoof Animation CEO Ayodele Elegba

Social Media Sensation Ashley Van-De-Cruize Lampkin Partners with Spoof Animation CEO Ayodele Elegba

LOS ANGELES, CA, UNITED STATES, July 10, 2025 /⁨EINPresswire.com⁩/ -- Bestselling author and digital creator Ashley Van-De-Cruize Lampkin has announced an exciting partnership to develop an animated adaptation of her hit comic book series, “Na...

Media reports more African nations face US visa prohibition

Media reports more African nations face US visa prohibition

(MENAFN) The United States intends to widen its controversial travel restrictions to citizens from 36 additional countries, with 25 of them located in Africa, according to an internal State Department memo reported by The Washington Post over the...

Egypt Doubts Ethiopia's Intentions in Nile Dam Negotiations

Egypt Doubts Ethiopia's Intentions in Nile Dam Negotiations

(MENAFN) Egypt raised concerns Thursday over Ethiopia’s true intentions regarding renewed discussions on its controversial dam project on the Nile, calling the offer for dialogue shallow and driven by political calculations. During a meeting with...

Media reports Russia increasing Africa support with recent food exports

Media reports Russia increasing Africa support with recent food exports

(MENAFN) Russia is increasing its humanitarian assistance to African nations with a new delivery of 709.5 tons of food aid to Burkina Faso scheduled for May, according to a report by Izvestia citing the Russian Foreign Ministry. Additionally,...

Anbessa MICE Launches to Redefine  Ethiopia’s MICE and Incentive Travel Landscape

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...

Global Mofy Invests in Ethiopian Digital Freight Platform Wetruck AI to Advance Global AI Strategy and Drive Logistics Innovation in Africa

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 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...

International Black Heritage Month (IBHM) announces the 2025 focus pillars: Ethiopia, Afro-Guatemalans, and House Music

International Black Heritage Month (IBHM) announces the 2025 focus pillars: Ethiopia, Afro-Guatemalans, and House Music

June is IBHM and celebrates black talent and cultures from around the globe: internationalblackheritagemonth.com serves as the main portal & official website. LOS ANGELES, CA, UNITED STATES, June 2, 2025 /⁨EINPresswire.com⁩/ -- 2025 Theme and...

Minister Stella Ndabeni briefs media on Global Small and Medium-sized Enterprises (SME) Ministerial Meeting, 29 May

Minister Stella Ndabeni briefs media on Global Small and Medium-sized Enterprises (SME) Ministerial Meeting, 29 May

Members of the media are invited to attend a Media Briefing marking the countdown to the first-ever Global Small and Medium-sized Enterprises (SME) Ministerial Meeting, to be hosted by the South African government and the UN Small Business Agency...

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