Ethiopia: No Deal Better Than a Bad Deal

South Africa News News

Ethiopia: No Deal Better Than a Bad Deal
South Africa Latest News,South Africa Headlines
  • 📰 allafrica
  • ⏱ Reading Time:
  • 105 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 45%
  • Publisher: 99%

itemprop=description content=Opinion - The Grand Ethiopian Renaissance Dam (GERD) represents a critical milestone in the development of the Horn of Africa and has the potential to unlock immense benefits for sustainable development and regional cooperation. Construction of the dam stems from Ethiopia's desire to harness its extensive water resources and drive economic growth through hydropower generation. Started in 2011, the project was conceived as a catalyst on Ethiopia's path to becoming a r

The Grand Ethiopian Renaissance Dam represents a critical milestone in the development of the Horn of Africa and has the potential to unlock immense benefits for sustainable development and regional cooperation. Construction of the dam stems from Ethiopia's desire to harness its extensive water resources and drive economic growth through hydropower generation.

Now, with the construction of the GERD nearing completion, Ethiopians have begun enjoying the bounty of the Abbay, like the Sudanese and the Egyptians, with the partial commencement of power generation. Ethiopians have practically demonstrated the possibility of utilizing the Abbay River without causing harm to the interests of the downstream countries.

The international media has intentionally or ignorantly skipped the fact that the bottleneck on the path to a successful end to the negotiation is Egypt's fixation on obsolete colonial treaties from which it derives the so-called 'historical rights.' If the negotiation is to move ahead, Egypt must realize that the days when the Abbay served only Egypt and Sudan have gone, and agree to the formulation of a new equitable water-sharing arrangement.

External actors, such as the United States, the European Union, and countries in the Gulf region with vested interests in the Horn, have shown varying levels of involvement in the GERD negotiation. Sadly, geopolitical considerations, economic interests, and historic alliances have made their engagement and influence on the negotiation dynamics biased and unacceptable.

The GERD has the potential to bring about significant socio-economic impacts and benefits for all parties involved. Assessing the potential economic benefits for all parties involved, the GERD's successful completion and operation promise immense economic benefits. For Ethiopia, it ensures sustainable energy supply, attracts foreign investment and drives economic growth.

Of course that is not easy to achieve. It requires respecting the rights of others, willingness to compromise, and vision of shared prosperity. Establishing trust and fostering cooperation among the riparian countries present notable challenges. Historical disputes, differing priorities, and perceptions of power imbalances must be overcome through sustained dialogue, confidence-building measures, and a commitment to shared outcomes.There was a problem processing your submission.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

allafrica /  🏆 1. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ethiopia: Paris 2024 - Nnadozie, Ohale, Oshoala, 19 Others to Face EthiopiaEthiopia: Paris 2024 - Nnadozie, Ohale, Oshoala, 19 Others to Face Ethiopiaitemprop=description content=Ethiopia will host the first leg of the second-round fixture in Addis Ababa on Wednesday, 25 October with the second leg in Nigeria on Tuesday, 31 October.
Read more »

Ethiopia Mulls Policy Shift to Allow Foreign Exporters Imports AccessEthiopia Mulls Policy Shift to Allow Foreign Exporters Imports Accessitemprop=description content=Ethiopia is considering allowing foreign exporters established in the country to utilize export revenues for imports, a move requested particularly by meat exporters to of
Read more »

Egypt: GERD Tensions Flare Again As Ethiopia, Egypt Trade Letters At UN Security CouncilEgypt: GERD Tensions Flare Again As Ethiopia, Egypt Trade Letters At UN Security Councilitemprop=description content=Opinion - Fourth filling of Ethiopia's dam sparks new row with Egypt
Read more »

Ethiopia to Issue Digital IDs to RefugeesEthiopia to Issue Digital IDs to Refugeesitemprop=description content=-Stakeholders sign MoU
Read more »

Developing sustainable leadership capability for a better worldDeveloping sustainable leadership capability for a better worldAfrica's Best Read
Read more »



Render Time: 2025-02-24 04:48:27