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DR Congo: 7 dead, 23 missing in canoe accident

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Seven diamond miners died and another 23 were missing after two canoes capsized in central Democratic Republic of Congo, government and mining officials said on Friday.

Local official Kerozene Kabongo said the canoes were carrying miners who dive for diamonds in the Kasai river on Thursday when they overturned in high winds, 15 km east of Tshikapa city.

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“Two canoes transporting our colleagues capsized yesterday (Thursday) in the Kasai river. We found seven bodies and 23 people are still missing,” said Fernand Kalala, a representative of a local diamond mining association.

“Only seven people managed to swim back to shore.”

Accidents and deaths are common in the numerous unlicensed mining operations in the DRC which has significant reserves of gold, diamonds and precious metals.

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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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