Egypt has requested that the World Bank should be brought in to resolve tensions with Ethiopia over a massive dam on the Nile River that Egypt says threatens its water security. Foreign Minister Sameh Shoukry spoke in Addis Ababa after a 10-month impasse over technical negotiations for the dam, which will be Africa’s biggest hydro-electric plant. “Egypt has recognized the importance of economic development to Ethiopia . Egypt has recognized the importance of economic development to Ethiopia, but science should be the determining factor on how we manage this important issueDescribing the World Bank as ‘neutral and decisive’, Egypt believes the bank could facilitate negotiations ‘devoid of political interpretation and manipulation’. The $4 billion dam is being constructed on the Blue Nile with a capacity of 74 billion cubic meters and is expected to generate up to 6,000 megawatts of power.

Source: Ethiopian News December 26, 2017 18:33 UTC