"IT'S OUR DAM" Abyssinia Business Network /ABN/ Special Edition 2020

Page 26

Abide by International Law Egypt through the 1959 agreement with Sudan have apportioned 100% of the Nile waters for themselves and have left behind the nine Nile Basin countries with zero meter cube allocation. That agreement is still valid and active for the two countries of Egypt and Sudan. So currently the rest of us, the nine countries, according to that agreement, have a zero meter allocation. So that is the status now in terms of utilizing the Nile waters. For example, the electricity coverage in Egypt is more than 98% while it is around 35% in Ethiopia. In terms of water use for irrigation also, Egypt has developed close to 4 million hectares of land; Sudan has developed close to 2 million hectares of land while Ethiopia has used only limited amount of its water resources. Also in all other upper basin countries, there are irrigation potential but the developed portion is very minimum. Therefore, in terms of energy generation and overall GDP Egypt has the largest share among all the Nile Basin counties. Ethiopia’s decision to build the Grand Ethiopia Renaissance Dam /GERD/ remains to be a matter of survival. Ethiopia, indeed, has undertaken some projects in the Blue Nile Basin such as Tana Beles Hydroelectric project which has a capacity to generate 460 MW, Fincha hydroelectric project and some irrigation projects around Lake Tana and Fincha. Nonetheless, these are not very substantial projects when compared with what has been developed over the past years in Egypt and Sudan. For the first time Ethiopia ventured to build GERD that is planned to generate some 6000 MW. This intention is misunderstood especially by Egypt that the project will

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Abyssinia Business Nework // ABN

Egypt is afraid of the fact that this dam will generate a self-reliance psychology among other African countries to build their own dams with their own resources.

ልዩ እትም 2012 Special Edition of GERD 2020


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Articles inside

AAICEC: to Bring Economic Modernity

5min
pages 94-97

Tourism on Nile “The Mount Everest of Rivers”

5min
pages 90-93

ጌጡ ተመስገን ( የጉዞ ማስታወሻ )

8min
pages 72-77

GERD: to Light up South Sudan

3min
pages 70-71

GERD: Set to Benefit Africans

3min
pages 68-69

Africa’s Common Voice

4min
pages 66-67

"IT'S OUR DAM" Abyssinia Business Network /ABN/ Special Edition 2020

1min
pages 62-64

ETHIOPIA

8min
pages 56-61

THE NILE: LOST CONFIDENCE IS HARD TO CONCEAL !

6min
pages 52-54

"IT'S OUR DAM" Abyssinia Business Network /ABN/ Special Edition 2020

1min
pages 50-51

The bonding river

2min
pages 46-47

Ethiopian Insurance Corporation

4min
pages 42-45

Commercial Bank of Ethiopia/CBE/

5min
pages 38-41

Diaspora’s Touch on GERD

5min
pages 34-37

"IT'S OUR DAM" Abyssinia Business Network /ABN/ Special Edition 2020

1min
pages 30-33

Abide by International Law

7min
pages 26-29

"IT'S OUR DAM" Abyssinia Business Network /ABN/ Special Edition 2020

1min
pages 24-25

Recognizing Natural Right

5min
pages 20-23

"IT'S OUR DAM" Abyssinia Business Network /ABN/ Special Edition 2020

1min
pages 16-19

"IT'S OUR DAM" Abyssinia Business Network /ABN/ Special Edition 2020

1min
pages 14-15

"IT'S OUR DAM" Abyssinia Business Network /ABN/ Special Edition 2020

1min
pages 10-11

Photo By Ethiopian Press Agency

1min
pages 8-9

"IT'S OUR DAM" Abyssinia Business Network /ABN/ Special Edition 2020

1min
pages 6-7

"IT'S OUR DAM" Abyssinia Business Network /ABN/ Special Edition 2020

1min
pages 4-5

"IT'S OUR DAM" Abyssinia Business Network /ABN/ Special Edition 2020

1min
pages 4-5
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