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EU supports Ethiopia’s judicial system with €10m.

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The European Union, EU, has upped its support for Ethiopia in the area of justice and rule of law, announcing a support package on Thursday.

The 10 million euro support was announced after a meeting between Ambassador of the EU to Ethiopia, Johan Borgstam, and Ethiopia’s Chief Justice, Meaza Ashenafi.

CJ Ashenafi expressed appreciation to the EU for what she said was “its continuous partnership and support to ensure rule of law in Ethiopia.”



She stressed that the two parties had also held fruitful discussions on areas of importance and of mutual interest. Ashenafi since taking office as Ethiopia’s first female CJ has stressed the need to reform the judiciary.

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“I am so happy that the glass ceiling is shattered and my daughters can dream of becoming anyone they want to be in Ethiopia,” she said.

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Under the less that a year old administration of Prime Minister Abiy Ahmed, Ethiopia currently has its first woman president in career diplomat Sahle-Work Zewde.

A powerful peace minister in the person of Muferiat Kamil – Ethiopia’s first woman speaker of parliament, its first defense minister, Aisha Mohammed and eight other woman holding cabinet portfolios.

Its current twenty-seat cabinet is occupied by ten women. The government has received wide commendation internationally over its steps at empowering women to hold top leadership positions in the governance structure.

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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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