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

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GERD

GERD: Set to Benefit Africans Since its inception almost a decade ago by the then Ethiopia’s former Prime Minister, the late Meles Zenawi, a couple of debates have been ongoing in a bid to either stop or slow down the construction of the 4.5B dollar Grand Ethiopian Renaissance Dam (GERD). Egypt has been raising concerns over this project for what most analysts say is the water flow interruption based on the past treaties. Besides, the bilateral relations between the two countries have been put to test since the dam was started in 2011. According to Zenawi, the project was critical to the country’s development efforts and the region at large. In his mind, the regional states included the East African countries and the Egyptians whose livelihood depends on the Nile waters. As the debate rages on how Ethiopia plans to fill the GubaWoreda based dam after completion, pundits believe Sudan may hold a crucial key to the progress of this project. Although previous talks on the mega project have born little fruit, the mega project stands to give cheaper hydropower to the region that would eventually propel economic growth in the Horn of Africa. Currently, the filling of GERD is proving to be very contentious with the major stakeholders, Ethiopia and Egypt disagreeing on the timeline and the modalities. With over 73 percent of the work completed, Ethiopia is proposing to kick off the fill-

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up in a couple of weeks. According to Ethiopian Minister for Water, Irrigation and Energy, Seleshi Bekele, “the mobilization of the dam reservoir to start in July, in about a month away.” This has not only irked Egypt but the perceived negotiator Sudan seems to be playing numerous diplomatic cards to not be seen to be hurting the two “hydrobrothers”. With the completion of GERD, it is obvious Egypt’s 55.5 billion cubic meters water flow is likely to be interrupted alongside a few farmers along the Blue Nile Basin. But development analysts believe that the bigger picture lies within the benefits the dam is likely to bring a region grossly underserved with the much need electricity to boost manufacturing and industrialization. Even though it would interrupt trade for usual power exporters like Uganda due to increased regional power supply, farming for South Sudan and Sudan’s rural natives, and Egypt’s reliance on the Nile on the domestic front, the benefits the GERD brings to the region is enormous. Antony Okonji, Development Consultant believes that in a continent where more than 600 million people have no access to electricity, any kind of power generation is welcome. “I have worked in development and seen the impact small scale solar power interventions have brought to ordinary people. These include

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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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