Ethiopia’s Grand Renaissance Dam (al-Nahda Dam) project on the Nile is facing financial and technical problems, Ethiopian Prime Minister Dr. Abiy Ahmed said on Saturday. The Dam is a controversial project that has raised Egypt’s concerns about its impact on its Nile water share. Read moreThe dam is being built near the country’s western border with Sudan that, when completed, will be Africa’s largest. The dam is a $4 bln hydroelectric project that Cairo fears will reduce waters that run to its fields and reservoirs from Ethiopia’s highlands and via Sudan. Addis Ababa hopes the dam will make it a hub for the electricity-hungry region and denies it will undermine Egypt’s access to water.

Source: Ethiopian News August 26, 2018 07:41 UTC