Posts Tagged ‘Burundi’

East African nations to challenge colonial Nile treaty

(HornTrade) — Under the 1929 accord, which still stands in international law, none of the other nine countries in the Nile basin can tap the river’s bounty without Cairo’s permission.

And because 95 per cent of Egypt’s water supplies come from the world’s longest river, that approval has rarely been given despite soaring demand for water across Africa.

Now Ethiopia, Kenya, Uganda, Rwanda and Tanzania have agreed a new pact to share the Nile’s waters more fairly and removes Egypt’s veto.
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EXIM (Export and Import) Bank of India in the East African region

(HornTrade) – Ethiopia and EXIM (Export and Import) Bank of India signed agreement here on Tuesday enabling to set up a representative office of EXIM Bank in Addis Ababa.

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