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Gun battle leaves 2 dead, 10 injured in Central African Republic.

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At least two people were killed and ten injured in shooting exchanges in the Central African Republic, Bangui, according to a hospital source. The incident the source said occured in the Muslim district of PK5.

Several houses were also burned at PK5 and in the neighborhoods near Yakité, Castors and Sara, which many residents fled to.



Heavy fire with automatic weapons, whose origin are unknown were exchanged for several hours on Sunday evening.

Calm is reported to have returned on Monday.

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The day before, shots had already been heard, pitting the Central African security forces against armed men from the PK5 in the Beaver district.

Despite this tension, about 3,000 people including President Faustin-Archange Touadéra and his Prime Minister Simplice Sarandji on Monday attended a funeral service in Central Bangui for victims killed on a May 1 church attack that killed a priest.

‘‘Yes, we have come because of one of our own Saint Joseph, we are in mourning, and the Catholic Church of Central Africa is in mourning for the tragic deaths of one of the priests and four of our brothers and sisters. That’s why we met at the cemetery of priests in Saint Paul in Ouango’‘, said a member of the fraternity of Saint Joseph.

Alfred, Pabou, a resident of Bangui, who also attended the ceremony, said “the authorities have failed in their obligations”. If the security forces had all been on the scene of the May 1 parade, this carnage would have been avoided”.

Tension has been high in Bangui since Tuesday’s violence that left 24 dead and more than 170 injured.

The trigger for the violence was the arrest of “Moussa Empereur”, a member of a PK5 militia by Central African security forces.

The Fatima church was attacked in the aftermath by armed men from the Muslim quarter, killing several civilians and Father Albert Tougoumalé-Baba.

The attack on this church triggered a wave of anger in Bangui, and raised large-scale community violence in the country.

Violence erupted after the seleka rebellion, composed mostly of Muslims, raided Bangui and overthrew President François Bozizé in 2013.

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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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