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Opposition coalition suspends protest in Togo.

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Togolese opposition on Tuesday called off anti-government protests that had been planned to take place on Wednesday and saturday in Lome and several other cities in the country.

The coalition of 14 opposition parties issued statement on Tuesday night saying that the demonstrations would not be marked by serenity, security for demonstrators and achievement of the objectives.



This is after the government imposed new routes for the march which the opposition refused to adopt.

In a letter sent Monday to the opposition, the Minister of Territorial Administration Payadowa Boukpessi had justified his decision to change the routes following “complaints” filed by residents living along the routes taken by protesters.

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Anti-government sentiments have been on the rise since September 2017 in Togo which has no term limits for the president. The opposition has been pushing for the resignation of incumbent Faure Gnassingbe who has been in charge since 2005.

They’re also pushing for reforms to the electoral structure and the constitutional courts.

A dialogue that started on 19 February under the facilitation of Ghana’s President Nana Akufo-Addo stalled in March after three rounds of talks (19 February, 23 February and 23 March).

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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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