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 Information Services 

Sudan embraces digital payments to build a more inclusive economy

As part of its vision to transform its economy, Sudan announced a new commitment to accelerate the transition from cash to digital payments. By joining the United Nations-based Better Than Cash Alliance, the government commits to increasing financial inclusion and transparency, taking steps to build an economy that benefits all citizens. Moving from cash to responsible digital payments is central to the government’s economic recovery and reform strategy. In particular, digital payments will be critical to the success of the recently announced Sudan Family Support Program, which will provide monthly…

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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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