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Eritrea tops 2017 list of asylum seekers in Switzerland.

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Migration authorities in Switzerland say Eritreans topped the list of asylum seekers into the country over the course of 2017.

Eritreans made up almost a fifth of requests followed by Syrians, Afghans and people from Turkey – the Turks largely in the category of people fleeing a crackdown arising from a failed coup in 2016.

Eritreans topped September 2017 Swiss asylum requests. Most migration reports on Africa has identified Eritrea as a major contributor to migrant flows. They are joined by Ethiopia, Nigerians, Somalis and to some extent Sudanese.

In general, however, the Swiss authorities said asylum requests fell to the lowest level since 2010. Down by a third from 2016, they alluded to the drop in asylum seekers from Afghanistan, Syria and Iraq for the drop.

In total, 18,088 asylum requests were registered last year, down 9,119 from 2016 and less than half the 39,523 requests of 2015, Switzerland said. The last time Switzerland recorded numbers below the 20,000 mark was in 2010, when 15,567 applications came in.

It is largely said that the illegal migration and human trafficking problem of Eritrea is hinged on harsh economic conditions and the lack of democratic space back home. The government rejects the claims blaming migration on external forces.

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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