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Rome, Italy -- A critical water-passage tunnel in the newly inaugurated Gilgel Gibe 2 hydropower project in Ethiopia reportedly collapsed this week. With a price tag of EUR 374 million and a capacity of 420 megawatts, Gilgel Gibe 2 is currently Ethiopia’s biggest power plant. The project channels the water discharged from the Gilgel Gibe 1 Dam through a long tunnel and a steep drop directly to the valley of the Omo River.
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Clarification on the European Investment Bank’s role in Ethiopia’s Gibe 3 DamA statement issued June 4 by the European Investment Bank contradicts a June 3 announcement made to Friends of Lake Turkana that the Bank had withdrawn its consideration of the Gibe 3 Dam in Ethiopia. The June 4 statement is consistent with the Bank’s efforts to conduct its operations on Gibe 3 and other controversial projects behind smoke and mirrors.
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Lilian Ikal Angelei of grassroots organization Friends of the Lake Turkana in Kenya speaks about EIB involvement in the Gilgel Gibe III dam in Ethiopia during April's World in Crisis conference in Prague.
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Following a highly critical assessment from a World Bank body on the impacts of the USD 799 million Bujagali dam in Uganda, the campaign coalition Counter Balance has called on the European Investment Bank (EIB), a joint funder of the controversial project with the World Bank, to withhold any further disbursement of its USD 130 million loan for the project until an independent investigation of the impacts of the dam are undertaken.
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