Afpedia Products For Sellers For Buyers Trade Shows Industrial Cluster

Online Translation

Sign In

Join Now



Ethiopians to purchase bonds worth 14,000 USD in China

Ethiopians to purchase bonds worth 14,000 USD in ChinaPhoto: Wikipedia

By Bilal Derso

Ethiopians and foreign nationals of Ethiopian origin residing in Beijing, China, have pledged to purchase bonds worth 14,000 USD to finance the construction of the Grand Ethiopian Renaissance Dam (GERD).

The Grand Ethiopian Renaissance Dam (GERD), formerly known as the Millennium Dam and sometimes referred to as Hidase Dam, is a gravity dam on the Blue Nile River in Ethiopia currently under construction. It is in the Benishangul-Gumuz Region of Ethiopia, about 15 km (9 mi) east of the border with Sudan. At 6,000 MW, the dam will be the largest hydroelectric power plant in Africa when completed, as well as the 11th largest in the world sharing the spot with the Krasnoyarsk Dam. The storage reservoir has a surface area of 1561 km² at level of 640 m, i.e. 146 m behind the dam which holds a large volume of water equal to 79 billion m³.

In a press release sent to The Ethiopian Herald, Office of the Spokesperson of the Ministry of Foreign Affairs said the pledge was made at an event organized to mark the 11th Nations, Nationalities and Peoples Day on the premises of Ethiopian Embassy.

Ambassador Extraordinary and Plenipotentiary to China Seyoum Mesfin said all Ethiopians are determined to support the construction of the dam thereby to ensuring the country's renaissance and economic development.

Meanwhile, officials of the China Defense University awarded Ambassador Seyom for the role he played in strengthening China- Africa cooperation, it was learnt.
Follow Us:
As an authority of media industry, we can provide you integrated brand communication on your products! Reasonable advertising prices will let you enjoy great over-valued service!”
Customized Service
Customized information such as product prices, company trends, market forecasts, price curves, etc. will help you fully grasp the latest trend!
Tailor-made, in-depth, professional research reports which will explore the business opportunities is your effective decision-making reference!
Professional and accurate trade data will help you break through the export bottleneck of products, track peer dynamics, and grasp industry trends!

Buyers Suppliers

Hot Search