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Spotlight | Ethiopia
The controversial sale of Allied Gold to Chinese firm Zijin

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“The Renaissance Dam – a national symbol but a regional quandary”

Ethiopia

The Renaissance Dam – a national symbol but a regional quandary

Although the Grand Ethiopian Renaissance Dam (GERD) is due to come into service in 2021, no agreement has yet been found by Egypt, Ethiopia and Sudan regarding their respective rights to the waters of the River Nile. For nearly a decade, the great Ethiopian dam has been a source of tension between the three countries. Ethiopia sees the €4bn project, which has been entirely financed by Ethiopian taxpayers but has not yet been completed, as a means of making itself self-sufficient in energy and affirming its power in the region. [...]

Jinghe Chen, chairman and founder of Zijin Mining, at Mining Indaba in Cape Town, South Africa, on 6 February 2023. © Shelley Christians/Reuters

The approval of this $4bn deal by the Canadian authorities marks a new chapter in diplomatic and economic relations with Beijing. In Ethiopia, where Allied Gold Corp is developing the Kurmuk mine, the matter is being closely monitored by Prime Minister Abiy Ahmed's office. [...]

Published on 22/04/2026 at 04:40 GMT Reading time 5 minutes Constance Daire

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Read this article in our Running Story

“The Renaissance Dam – a national symbol but a regional quandary”

Ethiopia

The Renaissance Dam – a national symbol but a regional quandary

Ethiopia
Business forum with EU sidesteps Bishoftu airport project

Although a central issue, the future of the continent's largest airport will not be addressed at this meeting of investors, diplomats and political leaders. Uncertain financing from the European Investment Bank may partially explain this decision.

Subscribers only Infrastructure 22.04.2026

The construction site of the future Addis Ababa Bishoftu International Airport, 15 February 2026.

Kenya
Ruto riled by allies as golden mining opportunity unravels

The Kenyan president saw the temporary alliance as key to developing gold mines in the west. It is however proving toothless in the face of increasing opposition from the public.

Subscribers only Mining, Politics 21.04.2026

Palace Intrigues
Brice Clotaire Oligui Nguema, Michael Randrianirina, Abiy Ahmed, Hassan Sheikh Mohamoud

Intrigues big and small: every Thursday, Africa Intelligence takes a peek into the corridors of power in Africa and beyond.

GabonBrice Clotaire Oligui Nguema prepares for his first anniversary as president

Madagascar-Equatorial GuineaBehind Colonel Randrianirina's trip to Malabo

Ethiopia, SomaliaAbiy Ahmed and Hassan Sheikh Mohamoud at cross-purposes

Subscribers only Diplomacy 02.04.2026

Ethiopia
Prominent guests absent from the inauguration of Renaissance mega-dam

Ethiopia wants to celebrate the launch of the GERD in style. This project, on the Nile, is the largest water project on the continent. Although Abiy Ahmed is taking advantage of an international conference to invite foreign leaders, several heads of state will be absent.

Subscribers only Infrastructure 01.09.2025

The Grand Ethiopian Renaissance Dam (GERD), 20 February 2022.
Ethiopian Government HO/EPA/MaxPPP

Spotlight | Egypt, Ethiopia
Cairo builds Nile Basin alliances to counter Addis Ababa

Despite its isolation over Nile water management, Egypt has begun to build a coalition of security partners with countries through which the river flows, starting with Uganda. The aim is to counter Ethiopia's influence.

Subscribers only Defence, North Africa, Diplomacy 11.11.2024

Egyptian President Abdel Fattah al-Sisi in Kazan, Russia, 23 October 2024.

Ethiopia
Emirati finance veterans get Asosa gold mine back on feet

Egyptian mining concern, Ascom Precious Metals Mining, which runs operations [...]

Subscribers only Mining 03.10.2017

Spotlight | Ethiopia
The controversial sale of Allied Gold to Chinese firm Zijin

The Renaissance Dam – a national symbol but a regional quandary

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The Renaissance Dam – a national symbol but a regional quandary

Related topics to this article

Ethiopia
Business forum with EU sidesteps Bishoftu airport project

Kenya
Ruto riled by allies as golden mining opportunity unravels

Palace Intrigues
Brice Clotaire Oligui Nguema, Michael Randrianirina, Abiy Ahmed, Hassan Sheikh Mohamoud

GabonBrice Clotaire Oligui Nguema prepares for his first anniversary as president

Madagascar-Equatorial GuineaBehind Colonel Randrianirina's trip to Malabo

Ethiopia, SomaliaAbiy Ahmed and Hassan Sheikh Mohamoud at cross-purposes

Ethiopia
Prominent guests absent from the inauguration of Renaissance mega-dam

Spotlight | Egypt, Ethiopia
Cairo builds Nile Basin alliances to counter Addis Ababa

Ethiopia
Emirati finance veterans get Asosa gold mine back on feet

Related topics to this article

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Indigo Publications' websites

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Spotlight | Ethiopia The controversial sale of Allied Gold to Chinese firm Zijin

The Renaissance Dam – a national symbol but a regional quandary

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

The Renaissance Dam – a national symbol but a regional quandary

Related topics to this article

Ethiopia Business forum with EU sidesteps Bishoftu airport project

Kenya Ruto riled by allies as golden mining opportunity unravels

Palace Intrigues Brice Clotaire Oligui Nguema, Michael Randrianirina, Abiy Ahmed, Hassan Sheikh Mohamoud

GabonBrice Clotaire Oligui Nguema prepares for his first anniversary as president

Madagascar-Equatorial GuineaBehind Colonel Randrianirina's trip to Malabo

Ethiopia, SomaliaAbiy Ahmed and Hassan Sheikh Mohamoud at cross-purposes

Ethiopia Prominent guests absent from the inauguration of Renaissance mega-dam

Spotlight | Egypt, Ethiopia Cairo builds Nile Basin alliances to counter Addis Ababa

Ethiopia Emirati finance veterans get Asosa gold mine back on feet

Related topics to this article

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Spotlight | Ethiopia
The controversial sale of Allied Gold to Chinese firm Zijin

Ethiopia
Business forum with EU sidesteps Bishoftu airport project

Kenya
Ruto riled by allies as golden mining opportunity unravels

Palace Intrigues
Brice Clotaire Oligui Nguema, Michael Randrianirina, Abiy Ahmed, Hassan Sheikh Mohamoud

Ethiopia
Prominent guests absent from the inauguration of Renaissance mega-dam

Spotlight | Egypt, Ethiopia
Cairo builds Nile Basin alliances to counter Addis Ababa

Ethiopia
Emirati finance veterans get Asosa gold mine back on feet