Tag Archives: Dam

METEC received hundreds of millions of dollars but has not completed any project at Ethiopia’s mega dam

by Engidu Woldie ESAT News (September 5, 2018) Seven years after the launch of what would be Africa’s largest hydroelectric dam, the contractor, Metal and Engineering Corporation (METEC), has received millions of dollars in payments without completing any of its electro mechanical projects. An investigative report by Walta Information Center revealed that METEC has completed only 30% of the electro ...

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Ethiopia rejects Egypt’s request for World Bank arbitration over dam dispute

By Engidu Woldie ESAT News (January 22, 2018) Ethiopian Prime Minister Hailemariam Desalegn rejected arbitration by World Bank over dam dispute as requested by Egypt last month. Desalegn was speaking to the state run news agency upon his return from a visit to Cairo where he held talks with Egyptian President Abdel Fetah Al Sisi, senior Egyptian officials and the ...

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Egypt calls for World Bank intervention on dam deadlock with Ethiopia

ESAT News (December 26, 2017) Egypt has called for World Bank mediation to resolve a stalemate with Ethiopia that is building a hydroelectric dam on the Abay River. Egypt says the construction of the dam will significantly reduce its share of water. Egyptian Foreign Minister Sameh Shoukry was in Addis Ababa on Tuesday to hold talks with his Ethiopian counterpart, ...

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