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 for Africa, the Grand Ethiopian Renaissance Dam (GERD) was inaugurated in Benishangul-Gumuz, Ethiopia, marking a monumental leap toward energy independence and regional prosperity. Kenyan President William Ruto, joined by a distinguished assembly of African and international leaders, celebrated the $5 billion project as a shining beacon of Africa’s ability to harness […]
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| 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 […]
