Black History Culture : Ethiopia's New Dam Is Thwarting Egypt's Long-Held Control Over The Nile Read more: http://www.busin

Discussion in 'Black History - Culture - Panafricanism' started by Clyde C Coger Jr, Apr 23, 2014.

  1. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    In the Spirit of Sankofa,





    Ethiopia's New Dam Is Thwarting Egypt's Long-Held Control Over The Nile

    [​IMG]

    Thomson Reuters
    File photo of the Grand Renaissance dam in Guba Woreda, Benishangul Gumuz region


    ADDIS ABABA (Reuters) - Ethiopia's bold decision to pay for a huge dam itself has overturned generations of Egyptian control over the Nile's waters, and may help transform one of the world's poorest countries into a regional hydropower hub.
    But the decision to fund the huge project itself also carries the risk of stifling private sector investment and restricting economic growth, and may jeopardize Ethiopia's dream of becoming a middle income country by 2025.

    Read more: http://www.businessinsider.com/r-pa...s-egypt-but-takes-risks-2014-23#ixzz2zkNj9Im7





     
  2. Kadijah

    Kadijah Banned MEMBER

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    Ethiopia: Grand Ethiopian Renaissance Dam

    With the cooperation of Egypt and Sudan, Ethiopia is building a dam to harness the power of the Nile River:

    Construction of GERD progressing well

    By admin – April 3, 2014
    Posted in: Millenium Project, News


    Grand-Ethiopian-Renaissance-Dam-project-3
    The dam is now over 30 per cent complete, Engineer Azeb said.

    Addis Ababa, 2 April 2014 (WIC) – The construction of the Grand Ethiopian Renaissance Dam (GERD) is progressing well, according to Chief Executive Officer (CEO) of the Ethiopian Electric Power Engineer Azeb Worku.

    Engineer Azeb made the remark at the 3rd year anniversary of the commencement of the construction of the dam held today at Guba, Benishangul Gumuz Regional State.

    The construction of the dam is progression well without any problem with a great support of the people and government of Ethiopian people. The dam is now over 30 per cent complete, Engineer Azeb said.

    According to her, the construction of the dam would help to address power shortage and meet the increasing demand of power arose due to the economic growth of the country.

    Deputy Director of Metals and Engineering Corporation (METEC), Brigadier General, Tigabu Fetle, on his part said the dam has destroyed the “spirit of impossible” in the nation.

    The success achieved so far testifies the potential to build other dams with local capacity, he added.
     
  3. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    In the Spirit of Update,


    Kadijah ... Good stuff, thanks for providing update.


     
  4. Kadijah

    Kadijah Banned MEMBER

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    You're quite welcome, Clyde. I read a lot of continental on-line newspapers (well, "some" lol). I come across little tidbits like the above and am cheered (which is why I remember them :wink: ). With all the problems and crises going on in the motherland, it does a body good to see that despite it all, our brothers and sisters there keep moving forward, one step at a time. :thumbsup:
     
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