Ethiopia, Egypt mending ties

Ethiopia and Egypt agreed to elevate their countries’ relationship to a strategic level of mutual trust, cooperation and support.

This came during the two-day visit Ethiopia’s Prime Minister Abiy Ahmed paid to Cairo.

The two sides also reiterated their commitment to set up a joint fund for infrastructure development, according to the chief of staff in the office of the Ethiopian Prime Minister, Fitsum Arega.

Earlier this year, Ethiopian ex-PM has asserted that his country will not put Egyptians’ lives at risk, as the disagreement between Egypt, Ethiopia, and Sudan continue over the countries’ shares of Nile waters after Ethiopia completes construction of the Grand Ethiopian Renaissance Dam (GERD).

The Dam, estimated to cost at least $4 billion, will be Africa’s largest hydroelectric infrastructure.

Egypt’s share of Nile water sits at 55.5 billion cubic meters. The dam is expected to reduce Egypt’s share of Nile waters, further limiting the country’s already scarce water resources. However, Ethiopia has reassured Cairo that its water share will not be affected.

In a gesture of goodwill, Egyptian authorities released 32 Ethiopian prisoners during the Prime Minister’s visit.

About Khalid Al Mouahidi 4431 Articles
Khalid Al Mouahidi : A binational from the US and Morocco, Khalid El Mouahidi has worked for several american companies in the Maghreb Region and is currently based in Casablanca, where he is doing consulting jobs for major international companies . Khalid writes analytical pieces about economic ties between the Maghreb and the Mena Region, where he has an extensive network