Egypt Worries as Ethiopia Diverts the Nile to Build $4.5 Billion Hydroelectric Dam

Egypt Worries as Ethiopia Diverts the Nile to Build $4.5 Billion Hydroelectric Dam: "Ethiopia has diverted the Nile River as it continues with the construction of a new $4.7 billion hydroelectric dam. In its quest to become Africa’s largest power exporter Ethiopia has set out plans to invest more than $12 billion in various projects designed to harness the natural power of the various rivers running through the country’s rugged highlands."