• By The Financial District


Ethiopian Water, Irrigation and Energy Minister Seleshi Bekele said that the Grand Ethiopian Renaissance Dam (GERD) saved Sudan from worse damage due to floods during the rainy season. 

If it had not been for the progress made in the GERD and the compliance with the first stage of filling, the disaster on Sudanese territory would have been worse, Bekele wrote on his Twitter account, Prensa Latina reported. 

The dam on the Blue Nile, he underlined, not only will be an important source of power generation for our nation, but it will also increase the capacity of other countries in the region. In addition to promoting the development of renewable energies and guaranteeing other benefits for the life of millions of people, it will help optimize the management and storage of water during periods of drought and floods, Bekele added. 

Ethiopia, Sudan and Egypt are holding negotiations about how to run the dam, but after several years of meetings, technical reports, declarations of interests and the efforts of several mediators, they have not reached an agreement.