In a historic milestone for Ethiopia and the African continent, the Commercial Bank of Ethiopia (CBE) has revealed its instrumental role in financing over 91% of the construction costs for the Grand Ethiopian Renaissance Dam (GERD), Africa’s most ambitious hydropower project. With an investment exceeding 223 billion birr, the CBE’s unwavering support has propelled the […]
Addis Ababa, Ethiopia| In a momentous display of regional diplomacy amid the swirling currents of the Nile River’s contentious waters, Somali President Hassan Sheikh Mohamud took center stage at the grand opening ceremony of Ethiopia’s Grand Ethiopian Renaissance Dam (GERD) on September 9, 2025. Joined by a cadre of influential African leaders, President Mohamud’s presence […]
In a historic moment that reverberates across the African continent, Ethiopian Prime Minister Abiy Ahmed has officially inaugurated the Grand Ethiopian Renaissance Dam (GERD), a monumental achievement poised to redefine Ethiopia’s role as a powerhouse in regional energy production. Towering majestically along the Blue Nile in the Benishangul-Gumuz region, this multi-billion-dollar hydroelectric marvel stands as […]
Addis Ababa, Ethiopia| In a fiery and resolute statement issued at the conclusion of its three-day congress on Friday, Ethiopia’s ruling Prosperity Party (PP), led by Prime Minister Abiy Ahmed, reaffirmed its commitment to securing Ethiopia’s “natural and historical” right to Red Sea access while vowing to intensify efforts against what it describes as “treasonous […]
Addis Ababa, Ethiopia| Ethiopian Prime Minister Abiy Ahmed has officially announced the completion of the water filling process for the Grand Ethiopian Renaissance Dam (GERD), a milestone in the decade-long dispute involving Egypt and Sudan over Nile water resources. Speaking before Ethiopian legislators on Thursday, Abiy stated that GERD has now reached full capacity, stressing […]
Mogadishu, Somalia| The President of the Federal Republic of Somalia, Hassan Sheikh Mohamud, hosted a crucial meeting with the Prime Minister of the Federal Democratic Republic of Ethiopia, Abiy Ahmed, at Villa Somalia during the Ethiopian leader’s official working visit to the country. The discussions between the two leaders focused on enhancing cooperation in security, […]
