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Ethiopia PM, Opposition leaders reach consensus over national unity.

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Ethiopia’s prime minister, Abiy Ahmed has met with representatives of exiled opposition party, the Oromo Democratic Front (ODF) after the latter agreed to participate in Ethiopia’s political discourse peacefully.

ODF had confirmed in a May 13, 2018 statement that it had reached an agreement with the government after talks at an undisclosed location to return to the country to partake in the democratic process.



The ODF leaders, led by Lencho Leta, Chairman of the Front, arrived in Addis Ababa, Ethiopia on Wednesday.

Upon arrival at the Bole International Airport in Addis Ababa, Leta told journalist that the outcome of the talks would inform ODF’s participation in Ethiopia’s politics.

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‘‘Based on conditions and how our talks with the government of Ethiopia turn out, ODF will decide to operate as a legal political party on its own or by forming alliances with other political parties,’‘ Leta is quoted to have said.

State broadcaster, Fana BC reported that both parties have agreed to work together to foster Ethiopia’s national unity and deepen the democratic process.

Leta added that his party agreed to return home after being encouraged by ongoing democratic reforms. He also called upon other political parties based in the diaspora to return to the country.

The ruling party has since the beginning of this year released political prisoners, changed leadership from Hailemariam Desalegn and closed the notorious Maekelawi prsion.

The new premier who took office on April 2 has since toured several regions of the country and met with opposition leaders, pledging reform and steer the country away from destructive politics of intimidation and repression of dissenting voices.

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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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