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Ethiopia kicks off 8100A fundraising for Mega Dam Project completion

Ethiopia’s third round of fundraising drive ,8100A , to fund the completion of the Ethiopian Grand Renaissance Dam launched in the wake of escalating hostile rhetoric from the side of Egypt

Dam _ fundraising _ Ethiopia
It’s my dam 8100 A fund raising campaign poster

borkena
March 4, 2020

Foreign media tend to describe Ethiopia’s US 5 billion dollars mega-dam project as a “controversial dam project.”  

Many Ethiopians do not seem like that expression. As far as Ethiopia is concerned, there is nothing controversial about it. It is an Ethiopian Dam meticulously designed in a way not to affect the water flowing to the lower riparian country. 

It has been several weeks since Ethiopians kicked off social media campaign with the hashtag #Itismydam 

Even critics of Ethiopian government have the same stand with the government when it comes to Ethiopia’s Grand Renaissance Dam. 

A remarkable aspect of the project is that it is 100 percent funded locally. And today, Ethiopia launched the third round of fundraising 8100 A.

Ethiopian Dam _ Fundraising _ 8100 A
Ethiopian senior government officials (including president Sahle-Work Zewde) launching 8100 A fundraising campaign. Photo credit : EBC

President Sahle-Work Zewde launched the program in a ceremony organized at the National Palace.  Foreign Affairs Minister, Revenue Minister, Culture and Tourism Minister, and Governor of the National Bank of Ethiopia were among senior-level government officials present during the launching ceremony.

The fundraising program will take about six months.

“The Dam a collective wealth reflects people’s collective hope, and there is a need to strengthen the support for it,” President Sahle-Work Zewde asked Ethiopians in her message.  She reiterated that Ethiopia would remain to observe international law while exercising its right to use its natural resources and water from Abay (Nile river).  

So far, over 18.9 billion Ethiopian birrs was raised from Ethiopians, and the government of Ethiopia covers the rest of the cost.

Seleshi Bekele (Minister of Water, Irrigation, and Energy) said during a press conference on Tuesday that Dam is now 71 percent completed. The project was initially intended to be completed in five years. The delay brought about a hike in project costs.

Ethiopia intends to start filling it starting this coming July.

As Egypt is escalating aggressive rhetoric about the use of any means to defend “historical rights” after failing to reach an agreement with Ethiopia regarding the operation and filling of the Ethiopian Grand Renaissance Dam, Ethiopia says that Egypt will not benefit from the aggressive policy.

Ethiopia’s position regarding the Dam is legally, morally, and economically tenable, said Ethiopia’s Minister for Foreign Affairs Minister, Gedu Andargachew.

The Ethiopian government recently disclosed its “disappointment” with a statement from the United States’ Department of Treasury that has been part of the negotiation with Egypt and Sudan as an “observer.”

The US warned Ethiopia that it should not start filing the Dam before signing an agreement with Egypt and Sudan – a position that has triggered outrage towards the USA in Ethiopia.

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11 COMMENTS

  1. I think the claim in this paragraph is a little bit of a stretch:

    ‘The US warned Ethiopia that it should not start filing the Dam before signing an agreement with Egypt and Sudan – a position that has triggered outrage towards the USA in Ethiopia.’

    I don’t think the warning did come from the US as a government. It came down as a warning and more of an order from this foreclosing bean counter turned rogue official in one department of the administration. What the president told el-Sisi on the phone recently was in no where he mentioned an order was given to Ethiopia. What he told him was that his administration will continue to its persuasive engagement in the matter. I hope he had told el-Sisi that military action should not and SHALL NOT be the option. That is because it is going the US and French built supersonic fighter jets that el-Sisi will use to kill innocent black folks who are exercising their birth rights as it is ascribed to them in the international riparian laws. The people of the old country never harbor ill conceived behavior towards their neighbors. Never happened!!! Just look what they are doing now. They were able to bring those who never wanted to look eye to eye in one room and talking for the first time in decades. Look what they had done in Sudan in 2019. They had helped avert an all out blood bath. They had opened their doors and very shallow pockets to refugees from all corners except Kenya. I am sure seasoned career diplomats in the administration know that very well. Now, what the old country officials should never do is being driven by raw emotion and dare el-Sisi in response to his reckless saber rattling but instead keep hammering away with their persuasive statement that the dam and its sensible fillings during the rainy season will harm no one. Let’s all pray for torrential rain during the three months beginning July. And that should be it.

    • You know Abiy is worried about his financial future and his children’s financial future President Sahleworq too.

      Ato Bacha Gina is suspected of stealing too much money too quickly from the Commercial Bank of Ethiopia thus he made Commercial Bank of Ethiopia forced to ask emergency 50 billions loan from the National Bank of Ethiopia on top of the 100 billion birrs the Commercial Bank of Ethiopia borrowed from the National Bank of Ethiopia without returning it yet.

      Abit & Co. needs money to smuggle out of the country quick before the next “election” to have somewhere to run to depending on the outcome then who better to do the money smuggling than Bacha Gina , Berhanu Tsegaye and associates?

      Bacha Gina who robbed the Commercial Bank of Ethiopia making the Bank reach the verge of closing it’s doors , Berhanu Tsegaye who tortured and killed the whistleblowers. Now Abiy gave both Bethany Tesfaye and Bacha Gina diplomatic immunity so they launder the money they stole using their newly gotten diplomatic immunity .

      ethiopianregistrar.com/amharic/?p=75549

      Ethsat.com › 2018/06 › loans-to-go…
      Web results
      Loans to govt projects by Commercial Bank of Ethiopia reaches 14.5B USD …

  2. This is what President Trump told el-Sisi yesterday and he did not mention any warning given to Ethiopia but was encouraging continued engagement by all three countries. He did not single out Ethiopia. Here it is as it was reported by Reuters:

    “President Trump emphasized that the U.S. administration will keep up tireless efforts and coordination with Egypt, Sudan and Ethiopia over this vital issue until the three countries sign an agreement over the Renaissance Dam,” the Egyptian presidency said in a statement.”

    It is in this link: reuters.com/article/us-egypt-ethiopia-trump/trump-tells-sisi-us-to-pursue-efforts-for-deal-over-ethiopia-dam-egypt-presidency-idUSKBN20Q2J4

    The order, call it a thinly veiled warning without an ultimatum, came from one rogue official. I am sure that if he has a clear mind he will regret it by now. That was just a dumb mistake as Ambassador David A. Shinn suggested.

  3. Trump was being Soooooo. Nice when he said what he said.

    It is unprofessional unethical too unEthiopian for an Ethiopian foreign Minister signing a clause saying ” ETHIOPIA SUDAN EGYPT WILL REACH AN AGREEMENT BY JANUARY THE 15 TH 2020 AND RUN AWAY when the date comes to reach an agreement ”
    Typical Prosperity principle is giving false promises And false hopes, the whole world knows that giving unattainable promises is what ruins the prosperity doctrine , except Ethiopians not aware about it’s flaws everybody knowd it, yet they Pp party donot feel bad about following prosperity principle.

    . THIS ACT ON ETHIOPIA’s PATT IS UNDESCRIBABLE, AND I ADMIRE MR. TRUMP FOR GIVING ETHIOPIA THE BENEFIT OF THE DOUBT AND JUST TELL THIS DOMARAS DINGAYRAS EPRDF TO NOT FILL THE DAM BEFORE AN AGREEMENT, DOMARAS DONOT KNOW HOW TO AGREE ANYWAYS SO EXPECTING AGREEMENT FROM THEM IS NOT ETHIOPIAN.

    . IF THIS FOREIGN MINISTER DEGU WASNOT AMARA EVERYONE WOULD JUMP ON HIM NOW JUST BECAUSE HE IS AMHARA THEY JUMP ON TRUMP . PLLEEEÀAAAAASSSEEEEEE!

    THE ABIY CADRWS PLAYED YOU FOR A FOOL , ESPECIALLY THEY PLAYED DEGU LIKE A PLAYTABLE BY MAKING HIM SIGN A RIIDICILOSLY UNBELIVEABLY FOOLISH AGREEMENT .

    DENGAUY GAR MEDEMAMER LEMFEENWKETATET !!

    FEW MONTH AGO THEY SAid WE WILL REACH AN agreement now not too far in the future LATER they want to not reach an agreement . Bunch of denqoros EPRDF pp wonbedewoch.

  4. Trump was being Soooooo. Nice when he said what he said.

    It is unprofessional unethical too unEthiopian for an Ethiopian foreign Minister signing a clause saying ” ETHIOPIA SUDAN EGYPT WILL REACH AN AGREEMENT BY JANUARY THE 15 TH 2020 AND RUN AWAY when the date comes to reach an agreement ”
    Typical Prosperity principle is giving false promises And false hopes, the whole world knows that giving unattainable promises is what ruins the prosperity doctrine , except Ethiopians not aware about it’s flaws everybody knows it, yet Pp party donot feel bad about following prosperity principle which is full false promise unrealistic hopes.

    . THIS ACT ON ETHIOPIA’s PART IS UNDESCRIBABLE, AND I ADMIRE MR. TRUMP FOR GIVING ETHIOPIA THE BENEFIT OF THE DOUBT AND JUST TELL THIS DOMARAS DINGAYRAS EPRDF TO NOT FILL THE DAM BEFORE AN AGREEMENT, DOMARAS DONOT KNOW HOW TO AGREE ANYWAYS SO EXPECTING AGREEMENT FROM THEM IS NOT ETHIOPIAN.

    . IF THIS FOREIGN MINISTER DEGU WASNOT AMARA EVERYONE WOULD JUMP ON HIM NOW JUST BECAUSE HE IS AMHARA THEY JUMP ON TRUMP . PLLEEEÀAAAAASSSEEEEEE!

    THE ABIY’S CADRES PLAYED GEDU AND AMARA YOU FOR A FOOL , ESPECIALLY THEY PLAYED DEGU LIKE A PLAYTABLE BY MAKING HIM SIGN A RIIDICILOSLY UNBELIVEABLY FOOLISH AGREEMENT .

    DENGAY GAR MEDEMAMER LEMFEENWKETATET !!

    FEW MONTH AGO THEY SAid WE WILL REACH AN agreement now not too far in the future LATER they want to not tot reach an agreement . Bunch of denqoros EPRDF pp wonbedewoch.

  5. Ooiohhhh. Oooohhhh. Oooohhhh
    Hager Yiyazilin LEBA LEBA LEBA
    YEHIG YALE. YEWEND YALE.
    OOH !! OOOHUUUHH. !!! Uuuhhhhhhhhhh!

    THEY ARE CALLING IT ” FUNDRAISING ” INSTEAD OF ‘ BOND FUNDRAISING .’.

    BONDACHININ qelebet menged zrfiya zerefun

    Zrrfya teyayzewal beadebabay BONDACHININ zerefun

    OOHH UUHHH OUUUOHH yehig yaleh

    thebalance.com/how-to-invest-in-bonds-for-your-portfolio-357385

    investopedia.com/terms/b/bond.asp

    CNBC › 2014/04/10 › bonds-vs…
    Bonds vs. bond funds: What you need to know now – CNBC.com

    ABET. ABET OUUHH. LEMANN ABET YIBALAL OUUUHH YEWEND YALEH YESIET YALESH UUUHHHH. OOUUUHHHHH!!!!!

  6. Abay Tsehaye’s Ethiopian Bank files along with the sugar projects files, need to get audited extensively so Prosperity Party can win votes in Tigray during the next election.

    xinhuanet.com/english/2020-01/30/c_138742820.htm

    CGTN › africa › Africa Live
    Web results
    UN seeks $1 billion for Ethiopia humanitarian response for 2020 …

  7. It should be crystal clear to all that the act of buying a GERD bond from any part of the world does not necessarily constitute as any sorts of crime or misdoings per the dignified legal experts who assures it by non-stop making extensive studies particularly about the GERD bond sales.

  8. The Us Warned Ethiopia That Is Should Not Start Filing Dam Before Signing An Agreement With Egypt And Sudan.

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