Tag: ethiopia economy
-
Exploring the Controversy Surrounding the $5 Billion Grand Ethiopian Renaissance Dam and Its Impact on Nile River Countries
The Grand Ethiopian Renaissance Dam (GERD), a $5 billion project on the Blue Nile, has become a focal point of tension among Ethiopia, Sudan, and Egypt. Ethiopia’s ambitions for the dam include doubling its electricity output, addressing its energy needs, and exporting power to neighboring countries, which could significantly boost its economy. However, downstream nations,…