In my March 2013 commentary, “Rumors of Water War on the Nile?”, I argued: … Whether there will be an actual “Grand Ethiopian Renaissance Dam” [GERD] is the $5bn dollar question of the century. Because Egypt has been successful in pressuring multilateral development and investment banks not to fund the project, the regime in Ethiopia has defiantly forged ahead to fund the project itself. But is self-funding of the mother of all African dams a realistic possibility?… In that commentary, I asked a number of commonsensical questions about the economic feasibility of the touted “8th largest dam in the world”: … Continue reading Ethiopia: The Dam Dammed by Cash Flow? – By Pro. Alemayehu G Mariam