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etbaba

WHO Updates Ebola Virus Disease Outbreak in Democratic Republic of Congo – etbaba.com

health / By

The World Health Organization (WHO) updates disease outbreak news on Ebola virus disease in the Democratic Republic of the Congo (DRC). As of 4 September 2025, 28 suspected cases, including 15 deaths (case fatality ratio (CFR): 54%), have been reported from three areas of the Bulape health zone (Bulape, Bulape Com and Dikolo) and Mweka …

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Service sector recovery to drive Mozambique economy in 2025 – etbaba.com

economy / By

For 2025, GDP growth is projected to reach 2.5 percent as economic activity picks up, especially in the second half of the year, driven by the recovery in the services sector, says the International Monetary Fund (IMF). This is indicated after IMF staff team led by Mr. Pablo Lopez Murphy visited the country and conducted …

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Addis Ababa, Bogotá win Bloomberg Philanthropies road safety award – etbaba.com

health / By

Addis Ababa, Ethiopia and wins Bogotá city of Colombia win Gold medal by Bloomberg Philanthropies for adopting best practices for urban speed limits, sustaining speed enforcement operations, and installing more than 640 concrete and 1,500 rubber speed humps citywide, including in school zones. In Addis Ababa, crash data from specific locations shows that 37 lives …

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Vertiv Holdings Co acquires Waylay NV – etbaba.com

investment / By

Vertiv Holdings Co (NYSE: VRT), among the global leaders in critical digital infrastructure, today announced it has acquired Waylay NV, a Belgium-based leader in hyperautomation and generative AI software platforms. The investment is said as part of its continued investment in AI-driven monitoring and control technologies for its power and cooling systems. Vertiv expects this …

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The 15 years journey of Nigerian capitalist – etbaba.com

investment / By

Heirs Holdings, the family-owned pan-African investment group created by Tony O. Elumelu, CFR, marks its 15th anniversary this month, celebrating a decade and a half of catalysing transformative, long-term investment in Africa. Established in 2010, Heirs Holdings was founded on a mission: to transform Africa, creating economic and social wealth; a demonstration of Tony Elumelu’s …

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Africa’s millionaire population to grow 65% – etbaba.com

economy / By

Africa’s millionaire population is projected to grow by 65% over the next decade, according to the newly published Africa Wealth Report 2025. The continent is currently home to 25 billionaires, 348 centi-millionaires, and 122,500 millionaires — a remarkable transformation from the late 20th century, when there were only a few billionaires and many African economies …

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Heirs Energies to scale production to 110,000 barrels per day – etbaba.com

investment / By

Nigerian independent oil and gas producer Heirs Energies aims to scale production to 110,000 bpd within the next five years, supported by additional drilling, well reactivations and infrastructure upgrades. The company pursues ambitious growth plans, including doubling its oil output by 2030 and expanding its footprint across Africa. Operator of OML 17 in Nigeria, Heirs …

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Partnership set to promote Web3 startups across Africa

technology / By

SquirrelPR, Africa’s pioneer PR management software, has entered into a strategic partnership with Syncthesis Innovation Hub, a leading communications and ecosystem enabler, to accelerate the visibility, credibility, and growth of Web3 startups across Africa. Web3 is a conceptual next phase of the internet centered on decentralization, user ownership, and blockchain technology, aiming to shift power …

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African Development Bank, Aerosense set to advance drone technology in Africa

technology / By

The African Development Bank (AfDB) and Aerosense Inc have signed an agreement to advance cooperation and projects in drone technology in Africa. Aerosense Inc. is a leading Japanese company engaged in drone manufacturing. Representatives of both institutions signed a Letter of Intent on Thursday 21 August, on the sidelines of the ninth Tokyo International Conference …

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Ethiopia’s telecom sector growth, challenges and future prospects

technology / By

By Melaku Kinfegabriel – Ethiopia’s telecom sector is undergoing a significant transformation, driven by liberalization, infrastructure expansion, and digital innovation. With a population exceeding 120 million and access to the African Continental Free Trade Area (AfCFTA) market of 1.3 billion, Ethiopia presents a compelling case for investment in telecommunications. This article delves into the sector’s …

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