Funding Gap Threatens Completion of Ethiopia’s Grand Renaissance Dam

Ethiopia’s Grand Ethiopian Renaissance Dam (GERD) stands at 97.6% completion, yet it faces a significant funding challenge, requiring an additional 80 billion Birr ($633.5 million) to finish construction. This situation highlights the complexities of financing large-scale infrastructure projects in developing nations. Launched in April 2011, the GERD aims to generate 5,150 megawatts of electricity, which […]