NBI meaning in Academic & Science ?

Answer:

What is Nile Basin Initiative mean?

The Nile Basin Initiative (NBI) is a partnership among the Nile riparian states that “seeks to develop the river in a cooperative manner, share substantial socioeconomic benefits, and promote regional peace and security”. The NBI began with a dialogue among the riparian states that resulted in a shared vision objective “to achieve sustainable socioeconomic development through the equitable utilization of, and benefit from, the common Nile Basin water resources." It was formally launched in February 1999 by the water ministers of nine countries that share the river: Egypt, Sudan, Ethiopia, Uganda, Kenya, Tanzania, Burundi, Rwanda, the Democratic Republic of Congo (DRC), as well as Eritrea as an observer. From its beginning the Nile Basin Initiative has been supported by the World Bank and by other external partners. The World Bank has a mandate to support the work of the NBI, as lead development partner and as administrator of the multi-donor Nile Basin Trust Fund. One of the partners is the "Nile Basin Discourse", which describes itself as "a civil society network of organisations seeking to achieve positive influence over the development of projects and programmes under the Nile Basin Initiative".

In May 2010, five upstream states signed a Cooperative Framework Agreement to seek more water from the River Nile — a move strongly opposed by Egypt and Sudan. Ethiopia, Kenya, Uganda, Rwanda and Tanzania were original signatories with Burundi signing in February 2011. The DRC is also expected to sign, while Egypt and Sudan are not expected to do so. Representatives of upstream countries said they were "tired of first getting permission from Egypt before using river Nile water for any development project like irrigation", as required by a treaty signed during the colonial era between Egypt and Britain in 1929.

reference

Full Form	Category
Newport Business Institute	Academic & Science
Nile Basin Initiative	Academic & Science
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