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Gaddafi’s son, Saif Al-Islam to run for Libya president in 2018

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A spokesperson for the Gadaffi family has said that Saif al-Islam Gadaffi, the son of the former Libyan leader will contest in the upcoming presidential elections.

Basem al-Hashimi al-Soul told influential local media agency, Egypt Today, that Saif al-Islam has the support and credentials required to end the chaos that has gripped Libya since the overthrow of his father Muammar Gadaffi in 2011.

“Saif al-Islam Gaddafi, the son of the former Libyan president, enjoys the support of major tribes in Libya so he can run for the upcoming presidential elections due in 2018,” said Libyan Tribal Chief and spokesperson of the Gaddafi family, Basem al-Hashimi al-Soul.

Al-Soul says that a platform to launch the former first son’s presidential campaign will soon be launched.  “The platform includes some procedures that Saif al-Islam hopes the United Nations would adopt to help Libya move from the incumbent transitional period to stability.”  

Saif al-Islam Gadaffi hopes to unify the factions and restore peace and stability in the country that was once prosperous under his father’s rule.  “Saif al-Islam plans to impose more security and stability in accordance with the Libyan geography and in coordination with all Libyan factions,” al-Soul manifested.

The United Nations backed Libyan Government of National Accord (GNA) has indicated that elections may be held in mid-2018.  “We believe that presidential elections will be held in the middle of 2018,” Mohamed Siala, GNA foreign minister, speaking to foreign reporters at the Valdai Panel Discussion in Russia.

Saif Al-Islam was released in June this year after six years of captivity by a militia group in the Libyan town of Zintan.  He had been captured in November 2011 after the fall of his father’s regime, and he was subsequently sentenced to death in absentia by a court in Tripoli.  Following his release, the International Criminal Court ordered for his arrest and surrender, which was backed by the GNA.

He is wanted by the ICC on charges of crimes against humanity during his father’s unsuccessful attempts to put down the rebellion that eventually led to the fall of his regime.

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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