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The Grand Ethiopian Renaissance Dam (GERD) is estimated to cost close to 5 billion US dollars, about 7% of the 2016 Ethiopian gross national product. [36] The lack of international financing for projects on the Blue Nile River has persistently been attributed to Egypt's campaign to keep control of Nile water sharing. [36]
Construction of the $4 billion Grand Ethiopian Renaissance Dam (GERD) began in 2011 and Ethiopia sees the project as crucial to powering its economic development.
The row dates back to 2011 when Ethiopia began building the Grand Ethiopian Renaissance Dam (Gerd) on the Blue Nile, a tributary from where 85% of the Nile's waters flow.
For its part, Egypt has accused Ethiopia of threatening its supply of water from the River Nile following the construction of the Grand Ethiopian Renaissance Dam (Gerd) in the northern Ethiopia ...
The Gibe II dam has been affected by such problems even after its completion, when a tunnel collapsed and put the hydropower plant out of service for several months. The grand Ethiopian renaissance dam was delayed as well, because of upgrading the power from 5250 watt to 6000 watt, budget problems and dispute with government of Egypt.
Regarding Egypt's current water conflicts, one current and controversial water issue is Egypt's current stance against the construction of the Grand Ethiopian Renaissance Dam. The Dam proposed by Ethiopia is an engineered gravity dam on the Blue Nile that will be one of the biggest water projects near the region. The issue then for Egypt, among ...
More recently, Ethiopia announced the Grand Ethiopian Renaissance Dam (GERD) project, claiming that would allow it to better exploit its water resources, rejecting the old treaty and stressing that it wasn't a member back then. According to the Egyptian authorities, the dam, if built, would become existential threat to 100 million Egyptians. [26]
Ethiopia announced on Sunday it had completed the fourth and final phase of filling a reservoir for its huge and controversial hydroelectric power plant on the Blue Nile, a project that Egypt and ...