Egypt, Ethiopia, Sudan to finalize agreement on Blue Nile dam later this month
Ministers from Egypt, Ethiopia, and Sudan have agreed to reconvene in Washington later this month to finalize an agreement on a giant hydropower dam on the Blue Nile that sparked a diplomatic crisis between Cairo and Addis Ababa.
The ministers met in Washington this week and agreed to fill the $4 billion Grand Ethiopian Renaissance Dam (GERD) in stages during the wet season, taking into account the impact on downstream reservoirs, the US Treasury Department, which hosted the meeting, said in a statement.
-
Ethiopian PM asks South Africa to intervene in Nile dam dispute
Ethiopian Prime Minister Abiy Ahmed on Sunday asked South Africa’s President Cyril Ramaphosa to intervene in a long-running dispute with Egypt ... World News -
Markets Brief: China cuts tariffs, Egypt to receive Israeli gas, Nile dam talks
China announces that it will lower tariffs on more than 850 products as the country looks to boost imports amid a slowing economy and a trade war with ... Economy