3 April 2014

Egypt: FM - Egypt Offers to Finance Ethiopia's Renaissance Dam

Photo: Bujagali Energy Limited
Bujagali dam.

During his speech before the Royal Institute for International Relations, Foreign Minister Nabil Fahmy said that Egypt offered to finance the construction of the Ethiopian Renaissance dam and suggested that the dam would be run by a joint committee from the two countries.

He also emphasized the importance of serious negotiations to find out solutions that serve the interests of the Nile Basin countries without harming any country.

He also asserted that Egypt would resort to all legal measures to protect its historical rights in Nile water and national security.

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