Africa Utilities 

Sudan warns against escalation in Nile dam dispute

Sudan has warned against escalation and urged further negotiations with Egypt and Ethiopia over the construction of a controversial dam on the Blue Nile river by Addis Ababa. Tensions are running high between the three countries after recent talks failed to produce a deal on the filling and operation of the $4.6bn Grand Ethiopian Renaissance Dam. “We do not want escalation. Negotiations are the only solution,” Sudan’s Irrigation and Water Resources Minister Yasser Abbas told reporters on Sunday. “Signing an agreement is a prerequisite for us before filling the dam. Sudan has…

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Africa Financial Services 

Egypt sticks to US, World Bank-brokered document on Ethiopian Dam

The Egyptian Ministry of Water Resources has affirmed sticking to the document brokered by the United States and the World Bank on the Grand Ethiopian Renaissance Dam on February 21st, as a basis for negotiations, the Sudanese Irrigation Ministry said in a statement. A meeting for irrigation ministers of Egypt, Sudan and Ethiopia on Wednesday has agreed to resume negotiations and reach a final agreement that takes into consideration the mutual interests of the countries involved, as well as international resolutions and laws. US Treasury Secretary Steven Mnuchin earlier this…

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Utilities 

Sudan defends UN submission on Ethiopia dam

Sudan’s Minister of Irrigation and Water Resources Yasser Abbas said that the memorandum submitted by his country to the United Nations Security Council does not constitute an escalation of the situation related to the dam that Ethiopia is constructing on the River Nile. Nor does the memorandum signify a bias by Khartoum toward any of the sides concerned with the controversial Grand Ethiopian Renaissance Dam, Abbas added. Sudan’s neighbour to the north, Egypt, has been expressing concerns that Ethiopia’s dam will severely reduce its water supplies. Addis Ababa says the dam was…

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Retail 

Deliver Addis expands to online marketplace

Deliver Addis (Universal Courier Services PLC), the pioneer e-commerce company in Ethiopia primarily enraged in food delivery, now expands its business to online marketplace in response to increased demand caused by the COVID-19 outbreak. The new online marketplace of Deliver Addis enables Ethiopian consumers to shop for groceries and other essential goods online, the company said. Since RENEW and the Impact Angel Network (IAN) invested in Deliver Addis, the company’s daily deliveries have grown 630%. Roadrunner and Deliver Addis’s core competitive advantage is the technology platform they use, designed by…

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