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Ethiopia: twenty people appeared in court over grenade attack.

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Twenty people appeared in court in the Ethiopian capital on Monday following a grenade attack at a rally for Prime Minister Abiy Ahmed in which two people were killed and scores wounded.

State-affiliated media Fana said those in court included Girma Kassa, deputy police commissioner for the capital. He is among nine police officials arrested for security lapses over Saturday’s attack.



The explosion raised fears of a backlash against reforms instituted since Abiy became prime minister in April. The reforms include releasing jailed dissidents, loosening the goverment’s grip on the economy and taking steps to improve relations with Eritrea.

Abiy had just finished a speech to tens of thousands of supporters in the central square in Addis Ababa when the grenade exploded. Thirty suspects are being held over suspected links to the attack. Security officials are yet to say who is responsible.

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On Monday, the head of Ethiopia’s Federal Police Commission Zeinu Jemal said experts from the U.S. Federal Bureau of Investigation were providing assistance in the capital.

“The aim of their support is to help determine the perpetrators,” he told the Ethiopian Broadcasting Corporation.

U.S. Under Secretary of Commerce Gilbert Kaplan made the offer while talking to Ethiopia’s minister of foreign affairs, Workneh Gebeyehu, on Monday, Fana added.

A delegation from Asmara is expected to arrive in the Ethiopian capital this week in a bid to resolve one of Africa’s most intractable military stand-offs.

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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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