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Ethiopia: Single-Minded Progress

AFRICANGLOBE - "Singularity of purpose and execution make Ethiopia’s fast growth possible." Ethiopia’s GDP has grown to US$52,3bn in 2014 from $29,9bn in 2010. Total investment grew from 21% of GDP in 2009 to 34% of GDP in 2014, having peaked at 37% in 2012, according to World Bank data. "Ethiopia has cleverly taken big bets which are set to pay off and make Ethiopia the new manufacturing hot spot,"

Egypt Clarifies Position On New Ethiopian Dam

AFRICANGLOBE - Egypt has not yet consented to the Ethiopian Renaissance Dam despite President Abdel Fattah al-Sisi signing a tripartite agreement with Sudan and Ethiopia over the Nile Waters.

Grand Renaissance Dam – A Symbol Of Ethiopia’s Rebirth

AFRICANGLOBE - Marking four years since construction of the Grand Ethiopian Renaissance Dam began, the head of the power utility, Azeb Asenake, says the most challenging part of the mechanical and construction work has been completed.

Ethiopia’s Nile Dam To Start Power Generation Soon

AFRICANGLOBE - The construction of the over four billion dollar Hydro power plant known as Ethiopia’s Grand Renaissance Dam being built along Nile river is in full swing. The Nile dam project covers an area of 1,800 sq km totally turning Guba and other localities at the region in to a huge power plant construction site.

Ethiopia’s $5bn Project That Could Turn It Into Africa’s Water Powerhouse

AFRICANGLOBE - When completed, the project will generate around 6,000 megawatts of electricity for both domestic use and exports. With some 8,500 laborers working around the clock on its construction, the imposingly-named dam is surely one of Africa's most ambitious infrastructure projects, reaffirming Ethiopia's ambitions of becoming a big regional player and a major exporter of power.

Who Is Financing Ethiopia’s Grand Ethiopian Renaissance Dam?

AFRICANGLOBE - It is an audacious $4.8 billion project undertaken by one of the world's poorest countries. At the construction site in the Benishangul region of Ethiopia near the Sudanese border, some 8,500 workers are labouring tirelessly every day to build the gigantic Grand Ethiopian Renaissance Dam.

Egypt The Bad Bully Rejects Ethiopia Dam Storage Capacity

AFRICANGLOBE - Egypt has objected to the storage capacity of Ethiopia's Grand Renaissance Dam, currently under construction, which it claims will negatively affect its Nile "water share".

Ethiopia-Egypt Talks On Nile Dam Collapse

AFRICANGLOBE - Consultations among experts of Ethiopia, Sudan and Egypt aimed at determining the impact of Ethiopia's $4.8 billion dam project on the Nile's upper reaches halted amid differences between Egypt and Ethiopia, an official said Sunday.

Ethiopia’s Grand Renaissance Dam 42% Complete

AFRICANGLOBE - Ethiopia is now harnessing its potential for renewable energy to fight against poverty and improve the lives and livelihoods of its people, said engineer Simegnew Bekele. "This is our primary agenda, number one agenda for our country; this is a project which is equipping us to fight poverty, our common enemy.

Situation Won’t Escalate Into War If Dam Talks Collapse – Ethiopian...

AFRICANGLOBE - Ethiopia's Grand Renaissance Dam (GERD) has accomplished 40 per cent of the building process, Ethiopian President Mulatu Teshome said Friday, adding that the first phase will be complete next June producing 700 megawatts.

Renaissance Dam Talks Kick Off In Khartoum

AFRICANGLOBE - The fourth round of tripartite talks over the building of the Grand Ethiopian Renaissance dam started in the Sudanese capital, Khartoum on Monday. The talks, scheduled for Monday and Tuesday, will involve discussions among Egypt's, Sudan's and Ethiopia's water ministers to reach agreement over criteria and mechanisms for building the dam.

Ethiopia’s Nile Dam Signals Intention To Become An African Power

AFRICANGLOBE - Ethiopia hopes to become an African lion. "We have finished with the syndrome of dependence," says Zadig Abraha, deputy-head of Gerd coordination. "We want to recover our past glory," he adds.

Egyptian Anchorwoman Suspended After Insulting Ethiopian Ambassador

AFRICANGLOBE - On Wednesday, Rania Badawy, a talk show host on the privately-owned Tahrir satellite channel, got into a heated argument with Ethiopian envoy Mahmoud Dardir over the Grand Renaissance Dam, a multi-billion hydroelectric dam that has been a source of contention between the two countries for over a year.

Ethiopia Sees Output At Africa’s Biggest Hydropower Plant By 2015

AFRICANGLOBE - The sale of 7.1 billion birr ($367 million) of bonds over the past three years to domestic investors, has contributed to the...

The Great Ethiopian Renaissance Dam – A Monument By All Ethiopians...

AFRICANGLOBE - The current generation of Ethiopians is staking its claim to history by displaying the determination to undertake a monumental project that many had thought we would not dream of let alone embark on. Currently the construction of the Grand Ethiopian Renaissance Damn is a third of the way through.

Will Ethiopia’s Grand Renaissance Dam Dry The Nile In Egypt? No

AFRICANGLOBE - A vast section of northern Ethiopia has been turned into a giant building site. Construction of the Grand Ethiopian Renaissance Dam is now about 30% complete. The whole project spans an area of 1,800 sq km (695 sq miles). Once completed, it will be Africa's largest hydropower dam, standing some 170m (558ft) tall.