Ethiopia Refutes Egypt’s Water Filling Proposal

Sep 21 , 2019


[ssba-buttons]

Ethiopia rejected Egypt’s proposal for the Grand Ethiopian Renaissance Dam (GERD) that suggested that the country should release 40 billion cubic metres of water every year, while the Aswan Dam will only release water when its volume reaches 165m above sea level. Egypt also asked that the Dam be refilled every seven years. Ethiopia rejected the proposal, stating that it contradicts the Nile Dam Declaration, and it creates unnecessary bindings and obligations for Ethiopia. Ethiopia also indicated that it could only release 29-35 billion cubic metres of water a year. Ethiopia, Egypt and Sudan resumed the dam talks last year for three consecutive days.  Egypt had come up with a plan to facilitate the increment in the water content of the Nile Dam. There will be a technical negotiation between the countries that will be held in Sudan starting from October 3, 2019, about the refilling and release of the water and its impact on other countries where the Nile extends. The water ministers of each state will have further discussions on the points that will be approved.


Radar

Ethiopia Unveils Consortium to Insure Millions of Farmers

Ethiopia has launched its Agricultural Insurance Consortium (AICE), pledging to protect three million farmers by 2026. Announced on July 3, 2025, at the Hyatt Regency, the initiative is backed by Pula Advisors and five major Ethiopian insurers. AICE plans to promote climate resilience through insurance bundled with the government's input voucher system. Leveraging AI platforms like Mavuno and PIE, it plans to standardise products, lower costs, and expand coverage to over 200 woredas. With agricu...


Radar

New Coopbank Partnership Targets Youth Economic Empowerment

The Cooperative Bank of Oromia (Coopbank) has signed a strategic agreement with Melka Ethiopia to provide loan services to over 120,000 young men and women nationwide. The partnership plans to promote youth economic empowerment by expanding access to finance and creating jobs, with a strong focus on rural and underserved areas. Both institutions held joint discussions to explore ways to improve youth livelihoods and financial inclusion. By closing access gaps, the partnership is expected to help...


Radar

Ethiopian Netpreneur Program Training Kicks Off

The Ethiopian Netpreneur 2025 Training Program has officially launched its first cohort in Addis Abeba with 64 entrepreneurs beginning their first round of training. Organised by the Global Digital Talent Academy, the initiative plans to empower local business owners, startup founders, and digital sector players with global-level e-commerce skills. At the launch event, Innovation and Technology Minister Belete Mola (PhD) urged participants to leverage the opportunity to build networks and shape...