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Gambia: President Barrow express regrets over past Gambia-Taiwan relationships.

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Gambian President Adama Barrow told Chinese President Xi Jinping on Thursday that his country’s previous ties with self-ruled Taiwan has been a “huge mistake”, and he thanked China for all the help it had given subsequently, China said.

China resumed ties with Gambia in 2016, after it ended formal relations with Taiwan, claimed by China as a wayward province with no right to diplomatic relations.



Two other African countries have since followed suit, São Tomé and Príncipe and Burkina Faso.

China has stepped up pressure on Taiwan’s remaining allies now down to just 17, most of the poor countries in the Pacific and Central America as it seeks to limit the democratic island’s international footprint.

“China has helped us improve communications, roads and transport conditions, things that in all the years gone past we wanted to do but were unable,” he added.

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Last month, the United States attacked El Salvador’s decision to abandon Taiwan in favour of China, saying the change was of grave concern and warning that China was offering economic inducements to seek domination.

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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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