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Tropical cyclone hits Somalia, leaves 15 dead.

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At least 15 people have died in Somaliland after heavy rains caused by tropical cyclone Sagar which landed in the Horn of Africa over the weekend.

Situated at the northern tip of east Africa on the Gulf of Aden, Somaliland broke away from Somalia in 1991.



“In the last 24 hours, heavy stormy rains killed 15 people in the districts of Lughaya and Baki,” Abdirahman Ahmed Ali, governor of the Awdal area told reporters on Sunday.

“The Somaliland government has started giving emergency help to the victims.”

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Meanwhile in Puntland, a semi-autonomous northeastern region of Somalia, storms caused by the cyclone took away two men and their car from a valley in the city of Bosaso, Yusuf Mohamed Waeys, the governor of Bari in Puntland told Reuters on Sunday.

The UN Office for the Coordination of Humanitarian Affairs said thousands of people have been affected by the flooding, displacement and the destruction of infrastructure in Sagar’s wake.

“The cyclone has worsened the humanitarian situation in the two states and disputed regions, which have experienced protracted drought dating back to 2015, leaving them particularly prone to flash flooding in the direct aftermath of massive downpours,” it said in a statement.

Puntland and Somaliland have been engaged in conflict over the disputed Sool region for more than 10 years. People who live there are divided over which side to back. Last week, dozens of people were killed in clashes between troops from the two sides.

“Due to the dispute over the regions of Sool and Sanaag and lack of access to some affected areas after the destruction of roads, the situation of affected populations and impediments caused by blocked roads and failed communications, the extent of the damage is yet to be fully confirmed,” the UN said.

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REUTERS

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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