Weekly news digest, week 6th, 2013 EC
- Category: News | Video
Ethiopia Zare's weekly news digest (Oct. 19 - 25, 2020)
Ethiopia Zare's weekly news digest (Oct. 19 - 25, 2020)
In recent months negotiations have stalled and there has been an escalation of tensions on the Grand Ethiopian Renaissance Dam (GERD) that impacts, Ethiopia, Egypt, and Sudan. The Congressional Black Caucus (CBC) encourages the continued cooperation and peaceful negotiations of all stakeholders in the construction of the GERD. These negotiations should be based on mutual benefit, good faith, and the principles of international law. The multi-billion-dollar GERD project was announced in 2011, and will have a positive impact in the region by providing Africa’s biggest hydropower dam that will generate approximately 6,000 megawatts of electricity, thus allowing Ethiopia to export power to neighboring countries.
The Ethiopian Ministry of health reported today (April 1, 2020) that the Ethiopian Public Health Institute conducted 68 laboratory tests within twenty-four hours and three cases are confirmed for COVID-19, making the total cases twenty-nine (29).
World Bank - The World Bank’s Board of Executive Directors on Thursday approved $500 million ($250 million grant and $250 million credit) from the International Development Association (IDA) in continued support of the Government of Ethiopia’s Homegrown Reform Agenda. The Second Ethiopia Growth and Competitiveness Development Policy Operation (DPO) is intended to accelerate Ethiopia’s economic growth and achieve its vision of becoming a lower-middle-income country.