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DR Congo ‘mega-crisis’ worse than Syria

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More than 5,500 people fled their homes in the Democratic Republic of Congo every day during the first half of 2017, leading one charity to label the situation in the country a “mega-crisis”.

The figures mean that, for the second year in a row, DR Congo is the country worst-affected by conflict displacement in the world, according to a report by the Internal Displacement Monitoring Centre (IDMC).

Fighting between armed groups added to a worsening political crisis – as President Joseph Kabila refuses to step down – has made the area particularly volatile, the Norwegian Refugee Council’s (NRC) country director in DR Congo, Ulrika Blom, said.

She added:

It’s a mega-crisis. The scale of people fleeing violence is off the charts, outpacing Syria, Yemen and Iraq.”

However, despite there now being four million displaced people, as well as more than seven million struggling to feed themselves, help has been slow to materialize.

The United Nations declared its highest level emergency in October, but less than half the money needed has been received.

Ms Blom – whose colleagues have seen firsthand the “absolute squalor” of those fleeing violence were being forced to live in – said:

Donor fatigue, geopolitical disinterest and competing crises have pushed Congo far down the list of priorities for the international community.

This deadly trend is at the expense of millions of Congolese. If we fails to step up now, mass hunger will spread and people will die.

We are in a race against time.”

Business

Absa became the new competitor on the Ethiopia market.

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Absa Bank Of South Africa’s  has become the Latest Multinational Corporation to show Interest in Organizing the Ethiopia market.

Ethiopia has since Prevented Foreign Ownership in Economic Sectors that Includes Banking but Abiy Ahmed has began to take fast Action on the issue since he came to power in April.



Jason Quinn, the bank’s chief financial officer, told reporters that Absa was investigating on how and where to enter in a number of populating market, including Nigeria and Angola.

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Am Entrance made into the Ethiopia market of 100 million People, would be part of a Scheme made by Absa after it break from Britain’s Barclays in 2017.

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Ethiopia has plans to liberalise state-owned companies including Ethiopian Airlines, Ethio Telecom, Ethiopian Shipping & Logistics Services Enterprise, and Ethiopian Electric Power, in order to attract foreign direct investment and stimulate growth.

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Motherland News

Black box of the Ethiopian Airline Crash recovered.

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The United Nations described the Sunday crash of the Ethiopia airline as disastrous saying it has cost them a great loss.



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Michael Moller, director-general of the U.N. European head garters said this was the worst loss suffered in years in Geneva in a statement where 150 people where gathered.

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Investigators in Ethiopia have recovered the black box from the ill-fated Ethiopian airline this Sunday.

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