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$550m bridge to connect two congos separated by River Congo.

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Two Congos separated by a river, the River Congo, have set in motion a plan to link their respective capital with a multi-purpose bridge.

The project estimated to cost $550m will include a toll bridge, a railway track, a road and a sidewalk, a statement cited by the Bloomberg portal reported.

The first Congo is officially sub-Saharan Africa’s biggest country in terms of land size, the Democratic Republic of Congo. Referred to as DR Congo, better still Congo-Kinshasa.



The other is the Republic of Congo whose national capital is Brazzaville with a commercial capital which borders the South Atlantic Ocean, Pointe Noire.

The announcement was made las week during the maiden Africa Development Bank investment forum in Johannesburg. When completed, it will provide alternative transportation means which are currently restricted to boats or planes.

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The bridge which will span a 1,575-meter route will give birth to special economic zones between the two neighbours, Republic of Congo Spatial Planning Minister Jean-Jacques Bouya said at the forum.

Officials from both sides of the river have signed an agreement to that effect, Bloomberg reported last week.

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The great Congo River is the second longest river in Africa, shorter only than the Nile, as well as the second largest river in the world by discharge volume, following only the Amazon.

It is also the world’s deepest recorded river, with measured depths in excess of 220 m. Its overall length is put at 4,700 km (2,922 miles). The Congo gets its name from the old Kingdom of Kongo which was at the mouth of the river.

The Democratic Republic of the Congo and the Republic of the Congo, both countries sitting along the river’s banks, are named after it. From 1971 to 1997, the Democratic Republic of the Congo was called Zaire and its government called the river the Zaire River.

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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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