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Mali: Army kills 5 jihadists after ambush

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Mali’s army said Thursday it killed five jihadists but lost one soldier repelling an attack in the centre of the vast, landlocked nation.

The assault happened at a military outpost near the remote town of Niono at around 0130 GMT, a military statement said.

The troops “reacted forcefully, pushing back the assailants,” it said.

The country, bordering Niger and Burkina Faso, has struggled to defeat Islamist militants who have regularly attacked the military and UN peacekeepers.

Jihadist groups allied with Tuareg separatists captured the entire north of the country in 2012 but were pushed back by a French-led military intervention a year later.

In 2015, Tuareg rebels signed a peace deal but its implementation has been patchy and much of the north of the country remains lawless with jihadist attacks a regular occurrence.

Thursday’s assault came just hours ahead of a visit to the capital, Bamako, by Qatar’s emir Sheikh Tamim bin Hamad Al-Thani, who is on a tour of West African nations.

Saudi Arabia last week pledged $130 million to boost an anti-extremist force in Africa’s semi-desert Sahel region.

The new G5 Sahel force pools troops from Burkina Faso, Chad, Mali, Mauritania and Niger in an area of desert the size of Europe where extremist groups have been thriving.

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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