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Looking for compromise on Ethiopia’s Renaissance Dam
Egypt, Ethiopia and Sudan are struggling to strike a deal over the Grand Ethiopian Renaissance Dam, a $4.8 billion project in the works since 2011. Situated on the Blue Nile, the dam would triple Ethiopia’s electricity production and generate much-needed economic growth. But Egypt has ancient ties to the great river, as well as more recent political and economic interests in shaping how its waters are dispersed through the Nile basin. At stake is also American influence in the region: if the parties can’t reach an agreement in the U.S.-led process, Russia and China may be tempted to step in.