Water for prosperity

For the past few years, the government in Addis Ababa has been ambitiously pursuing the construction of the largest hydroelectric project ever to be built in Africa, located in the Benishangul-Gumuz Region of Ethiopia near the border with Sudan.

With a population of around 90 million, Ethiopia is the second most populous country on the continent after Nigeria. This aspiring economic power aims to satisfy its energy requirements through the construction of a series of dams along the Blue Nile. The centrepiece of this policy is the over 3-billion-euro GERD project, which upon completion should produce 6,000 megawatts of electricity – as much as five nuclear power plants. Ethiopia thereby aims to achieve greater independence from crude oil imports and simultaneously provide a stimulus for its emerging industrial sector. In addition, the government in Addis Ababa plans to alleviate its chronic shortage of foreign currency by selling up to 2,000 megawatts of energy to its African neighbours, including Egypt. Although the first supply agreements have already been signed, many conflicts remain unresolved.

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