Beijing may not have directly funded the controversial US$4.6 billion Grand Ethiopian Renaissance Dam (GERD) across the Blue Nile, but it provided loans for related infrastructure and has an interest in a three-nation row over the project being resolved.<\/p>\n
Ethiopia, Sudan, and Egypt \u2013 the three countries in a dispute over the dam\u2019s construction \u2013 are key allies of China. Analysts say Beijing can use its diplomatic and economic influence to help ease tensions and find a lasting solution to the dispute.<\/p>\n
Chinese companies and banks funded the main transmission line from the dam that will supply electricity to neighboring towns and cities, and other Chinese companies are subcontractors for the project.<\/p>\n
In 2013, China advanced US$1.2 billion in loans to Ethiopia to build power transmission lines to connect the dam to major towns and cities. And last year, China promised to lend a further US$1.8 billion to fund the expansion of Ethiopia\u2019s power grid, following a visit by Ahmed to Beijing. […] CONTINUE READING<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Beijing may not have directly funded the controversial US$4.6 billion Grand Ethiopian Renaissance Dam (GERD) across the Blue Nile, but it provided loans for related infrastructure and has an interest in a three-nation row over the project being resolved. Ethiopia, Sudan, and Egypt \u2013 the three countries in a dispute over the dam\u2019s construction \u2013 […]<\/p>\n","protected":false},"author":1,"featured_media":325016,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-325002","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethiopian-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/mereja.com\/index\/wp-content\/uploads\/2020\/07\/D45oaB2U8AA5Z0z.jpg?fit=886%2C625&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-1mxY","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/325002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=325002"}],"version-history":[{"count":4,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/325002\/revisions"}],"predecessor-version":[{"id":325019,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/325002\/revisions\/325019"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media\/325016"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=325002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=325002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=325002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}