One of the reasons he cited was that Egypt needed to raise funds to build the Aswan Dam . The Aswan High Dam provided a way out of this cycle of disaster. In 1956 Nasser nationalised the Suez Canal, saying it was necessary to pay for the Aswan Dam . But Egypt filled the Aswan High Dam, which stores three times as much water as the Grand Ethiopian Renaissance Dam, in just 12 years. So water and the Renaissance Dam, rather than becoming a cause for war, may yet be a source of peace and progress, as the Aswan High Dam has proved to be.

Source: Ethiopian News July 30, 2020 14:26 UTC