Listen to ABR

Egypt, Ethiopia and Sudan Ready to Resolve Dispute Over Nile River

Nov 07, 2019 03:42 PM
Egypt, Ethiopia and Sudan Ready to Resolve Dispute Over Nile River Africa Business Radio, Nile River, Ethiopia, Egypt, Sudan, Africa Business News, Washington DC


The foreign ministers of Egypt, Ethiopia and Sudan and their delegations met with the Secretary of the Treasury and the President of the World Bank in Washington, D.C. on November 6, 2019. The three African nations have said they will continue trying to resolve a conflict over plans for a massive Ethiopian-run dam along the Nile River. The project has raised concerns about shortages of drinking water. The three nations issued a statement saying they would continue negotiations in talks to be held in Washington on December 9 and January 13 with the aim of finding a resolution by January 15 of next year. "The ministers reaffirmed their joint commitment to reach a comprehensive, cooperative, adaptive, sustainable, and mutually beneficial agreement on the filling and operation of the Grand Ethiopian Renaissance Dam and to establish a clear process for fulfilling that commitment in accordance with the 2015 Declaration of Principles," the statement read. US Treasury Secretary Steven Mnuchin and World Bank President David Malpass also signed it. The Grand Ethiopian Renaissance Dam, in the works since 2011, is a massive Ethiopian hydroelectric dam project along the Nile River. Ethiopia plans to start filling and operating the reservoir in 2020, with the aim of eventually completing one of the world's biggest dams and becoming Africa's biggest power exporter. Once complete, the dam will generate about 6,450 megawatts of electricity, double Ethiopia's current output.

Get the latest headlines and unique ABR stories, sent every weekday.

Upcoming Events

Wed 17

ABR social sensitization on HIV & AIDs

Jul 17 @ 07 AM - Jul 24 @ 05 AM

Job Listing

Software Developer

Google
2019-07-31
×

Newscast

News Updates

  • Nike to Stop Selling Merchandise Via Amazon Platforms

  • Women Empowerment Will Accelerate Economic Growth And Sustainable Development

  • Cameroon Regulator To Audit Telcos Before License Renewal

  • Bangladesh and Nigeria Pursue Bilateral Relations on Agriculture

  • Government to Track Down Fake Gemstones - Nigerian Ministry of Mines

  • Investors Appeal to Nigerian Government on Policy That Will Promote Venture Funding for SMEs

  • Nigeria, France's Biggest Trade Partner in Sub-Saharan Africa With Over €4 billion in 2018 - French Envoy to Nigeria

  • Moody's Got it Wrong on India's Ratings Downgrade - Mark Mobius

  • The Fate of Global Economy Hangs on US-China Trade Deal - OECD

  • Ghana's Cocoa Industry Received a $600 million Boost