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President Paul Biya sworn-in for the seventh time as Cameroon’s President.

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Cameroon’s long serving president Paul Biya was on Tuesday sworn-in to serve a seventh term, having won the disputed October 7 election.

Biya was declared winner of the presidential election with 71% of votes cast, but the opposition rejected the results citing electoral fraud.



Opposition leader, Maurice Kamto has since called for a resistance movement against the outcome of what he describes as a flawed process.

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Biya’s swearing-in ceremony, conducted before a joint sitting of the legislature in the capital, Yaounde, has however been overshadowed by news of the kidnapping of 79 students and three officials at a school in the English-speaking Northwest region.

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Separatists, who are believed to be behind the kidnapping in the city of Bamenda, have previously imposed curfews and closed down schools as part of their protest against President Biya’s French-speaking government.

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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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