Tag: river nile

Ethiopia says it has reached first-year target for Renaissance dam

Ethiopia has announced the first-year target for filling the controversial Grand Ethiopian Renaissance dam on the River Nile has been reached. The announcement came as the country agreed to resume talks with Egypt and Sudan over the dam. CNBC Africa spoke to Political & Economic Analyst, Mikael Arage for more.

Egypt, Ethiopia to hold talks over Nile dam hydropower dispute

Egyptian President Abdel Fattah al-Sisi and Ethiopian Prime Minister Abiy Ahmed are set to meet in Russia to discuss a dispute over a hydropower dam that Ethiopia is building on the River Nile, which has caused a long-running diplomatic standoff. Ethiopia aims to provide electricity to homes of its 105 million citizens and Egypt wants a steady supply of water for its 98 million citizens. Global Chairman at Fairfax Africa Fund (US), Zemedeneh Negatu joins CNBC Africa for more.
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