Egypt wants ‘formal agreements’ with Ethiopia over water share

CAIRO: Egypt wants “formal agreements” that Ethiopia will not reduce Cairo’s share of the Nile during the filling of what will be Africa’s largest hydroelectric dam. President Abdel-Fattah El-Sisi told reporters on Tuesday “we need to turn Ethiopia’s goodwill into formal agreements” and ensure the dam is not used for “political

UAE plans oil pipeline from Ethiopia to Eritrea in latest Horn of Africa move

NAIROBI - The United Arab Emirates plans to build an oil pipeline connecting Eritrea and Ethiopia, the latest sign of the Gulf state's increasing involvement in the Horn of Africa. The pipeline will run from Eritrea's port city of Assab to Ethiopia's capital Addis Ababa, an Ethiopian official said. Landlocked Ethiopia began

Ethiopia announced sweeping privatization plans after decades of state control

ADDIS ABABA/JOHANNESBURG - In the weeks since Ethiopia announced sweeping privatization plans after decades of state control, foreign businessmen have been beating a path to Belachew Mekuria's office. "Everyone is here. MTN is here, Safaricom. I mean everyone is coming," the new head of the Ethiopian Investment Commission (EIC) said of

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