Foreign ministers of Egypt and Ethiopia met in Addis Ababa on Monday to discuss the consequences of the Grand Ethiopian Renaissance Dam that is being constructed the last two years and reportedly is 22% complete. The dam is expected to produce 6,000 megawatts, will create a reservoir of around 70 billion cubic meters and will become Africa's largest hydroelectric power plant. Filling of the reservoir may start as early as next year.
The meeting comes after increasing tension between the two countries due to concerns raised by the Egyptians on the impact of the construction of the $4.2 billion hydro-electric project on Nile's water levels in Egypt. Nile represents almost 100% of Egypt water sources.
Ethiopia insists that the dam is not going to harm Egypt. However tensions are rising and Egyptian politicians have suggested that an attack may be necessary to sabotage the dam. Ethiopians are moving forward though. According to ABC, the head of the African Union urged dialogue and cooperation and U.N. Secretary-General Ban Ki-moon telephoned both leaders of the two Countries.
Sources: abc News, Wikipedia's information about the Gran Ethiopian Renaissance Dam
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