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South Sudan: kiir, Machar sign to adhere to peace deal.

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South Sudan’s incumbent president Salva Kiir and his main opponent former vice-president Riek Machar have signed to a revitalized peace deal.



The signing was done in the Ethiopian capital Addis Ababa, it took place on Wednesday, It was brokered by the Intergovernmental Authority on Development, IGAD.

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IGAD is currently being led by Ethiopian Prime Minister Abiy Ahmed and, Mr Ahmed has delivered a stern warning to the parties involved- president Salva kiir and his former vice president Riek Machar.

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He asked for strict compliance by the parties to ensure that the current deal does not fail.

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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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