IBOV 174,070 ▲ 0.74% IPSA 10,821 ▲ 0.55% IPC MEX 67,060 ▼ 0.02% MERVAL 3,196,900 ▲ 1.26% COLCAP 2,295.72 ▲ 1.57% BVL PERÚ 55,809.71 ▲ 0.30% USD/BRL5.17▼ 0.02% USD/MXN17.46▲ 0.04% USD/CLP 919.75 — 0.00% USD/COP3,332▼ 1.62% USD/PEN3.40▼ 0.07% USD/ARS1,488▼ 0.07% USD/UYU40.21▲ 1.33% USD/PYG6,052▲ 1.45% USD/BOB6.86▲ 1.45% USD/DOP58.77▼ 0.73% USD/CRC450.98▲ 1.80% USD/GTQ7.62▲ 2.23% USD/HNL26.71▲ 4.29% USD/NIO36.62▲ 0.40% USD/VES651.34▲ 11.02% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.29▲ 1.00% USD/TTD6.66▼ 0.04% EUR/BRL5.91▼ 0.42% BRENT 72.13 ▲ 0.46% WTI 68.78 ▲ 0.13% IRON ORE 161.91 — — COPPER 6.22 ▲ 1.79% GOLD 4,187 ▲ 1.81% SILVER 62.82 ▲ 3.58% SOY 1,147 ▲ 1.82% CORN 440.75 ▲ 4.69% WHEAT 600.25 ▲ 1.39% COFFEE 287.45 ▼ 11.36% SUGAR 14.81 ▼ 1.20% ORANGE JUICE 170.70 ▼ 2.40% COTTON 77.52 ▲ 5.79% COCOA 5,123 ▲ 2.34% BEEF 239.03 ▼ 1.16% CATTLE 360.80 ▼ 0.92% LITHIUM 76.53 ▼ 1.85% PETR4 38.25 ▲ 0.76% VALE3 78.84 ▲ 0.77% ITUB4 42.74 ▲ 0.64% BBDC4 18.26 ▲ 2.51% ABEV3 16.29 ▼ 0.06% BBAS3 19.98 ▼ 0.10% B3SA3 14.76 ▲ 1.03% WEGE3 46.48 ▲ 0.48% PRIO3 52.96 ▲ 0.74% SUZB3 40.80 ▲ 0.05% RENT3 41.45 ▲ 0.48% AZZA3 17.14 ▼ 1.15% CSAN3 3.78 ▲ 1.61% RAIZ4 0.39 ▲ 2.63% PCAR3 2.63 ▲ 10.04% GMAT3 3.75 ▲ 3.88% PSSA3 54.19 ▲ 1.37% CVCB3 1.31 — 0.00% POSI3 3.92 ▼ 0.25% SLCE3 12.81 ▲ 1.51% NATU3 8.38 ▲ 1.95% BRKM5 6.24 ▼ 0.79% RANI3 7.92 ▼ 1.00% CSNA3 4.82 ▲ 4.33% CMIN3 4.31 ▲ 1.41% USIM5 8.77 ▲ 2.45% GGBR4 21.44 ▲ 1.37% ENEV3 26.63 ▲ 1.56% NEOE3 33.80 — 0.00% CPFE3 45.69 ▲ 1.31% CMIG4 11.03 ▲ 0.55% EQTL3 39.44 ▲ 0.36% LREN3 14.80 — 0.00% VIVT3 34.75 ▲ 0.40% RAIL3 13.63 ▲ 1.34% KLABIN 17.10 ▲ 0.65% RAIA DROGASIL 17.07 ▲ 1.13% RDOR3 35.75 ▲ 0.62% HAPV3 10.63 ▲ 2.11% FLRY3 15.72 ▼ 0.38% SMTO3 15.52 ▼ 0.58% UGPA3 27.53 ▲ 3.50% VBBR3 30.38 ▲ 1.84% BBSE3 38.65 ▼ 0.05% BPAC11 55.84 ▲ 2.38% CURY3 34.93 ▲ 0.60% AERI3 2.02 ▲ 0.50% VIVARA 22.77 ▲ 0.09% COMPASS 24.77 ▲ 0.49% VAMOS 2.87 ▲ 2.50% SANB11 26.95 ▲ 0.67% ASAI3 8.79 ▲ 1.15% SBSP3 30.37 ▲ 1.54% WALMEX 50.18 ▲ 0.84% GMEXICO 199.35 ▲ 0.92% FEMSA 225.49 ▼ 0.12% CEMEX 21.44 ▲ 0.33% GFNORTE 187.63 ▼ 0.04% BIMBO 56.53 ▲ 0.25% TELEVISA 9.38 ▲ 0.43% AMX 22.48 ▲ 0.27% GAP 438.10 ▼ 0.78% ASUR 310.81 ▲ 0.59% OMA 243.75 ▼ 0.06% KOF 186.86 ▼ 0.35% GRUMA 281.56 ▼ 0.17% KIMBER 38.44 ▼ 0.26% SQM-B 66,990 ▼ 0.73% COPEC 5,811 ▼ 0.40% BSANTANDER 75.05 ▲ 0.24% FALABELLA 5,840 ▲ 0.72% ENELAM 82.46 ▼ 0.53% CENCOSUD 2,090 ▲ 0.82% CMPC 1,041 ▲ 0.68% BANCO CHILE 182.49 ▲ 0.33% LATAM AIR 25.94 ▼ 0.23% YPF 71,575 ▲ 2.14% GGAL 7,975 ▲ 0.82% PAMPA 5,135 ▲ 0.88% TXAR 665.00 ▲ 0.23% ALUAR 993.00 ▲ 0.20% TGS 9,195 ▲ 2.51% CEPU 2,323 ▲ 0.69% MIRGOR 17,300 ▲ 2.82% COME 42.28 ▲ 1.25% LOMA NEGRA 3,673 ▼ 0.34% BYMA 309.25 ▲ 2.32% TELECOM ARG 3,990 ▲ 0.50% ECOPETROL 14.70 ▲ 1.73% BANCOLOMBIA 79.15 ▲ 1.24% GRUPO AVAL 5.06 ▼ 0.39% CREDICORP 391.21 ▲ 1.09% SOUTHERN COPPER 172.01 ▲ 1.90% BUENAVENTURA 29.72 ▲ 1.78% MERCADOLIBRE 1,763 ▲ 1.22% NUBANK 13.61 ▲ 1.64% XP 16.16 ▼ 0.12% PAGSEGURO 9.12 ▲ 0.77% STONE 11.17 ▲ 1.64% GLOBANT 32.51 ▲ 3.57% TECNOGLASS 45.62 ▼ 2.87% GAP AIRPORT 253.71 ▲ 0.51% ASUR 310.81 ▲ 0.59% OMA AIRPORT 111.73 ▼ 0.42% AMX ADR 25.72 ▲ 0.43% FEMSA ADR 129.30 ▲ 0.93% CEMEX ADR 12.29 ▲ 1.32% PETROBRAS ADR 16.11 ▲ 0.75% VALE ADR 14.99 ▲ 0.60% ITAU ADR 8.12 ▼ 0.12% SANTANDER BR 5.19 — 0.00% AMBEV ADR 3.10 ▼ 0.32% CSN 0.90 ▲ 0.55% GERDAU 4.07 ▲ 1.24% LATAM ADR 56.43 ▼ 0.84% BTC 62,531 ▼ 0.02% ETH 1,764 ▲ 0.42% SOL 81.46 ▼ 1.00% XRP 1.15 ▲ 1.41% BNB 572.50 ▼ 0.16% ADA 0.18 ▼ 1.01% DOGE 0.08 ▼ 0.61% AVAX 6.87 ▼ 1.10% LINK 7.93 ▼ 0.46% DOT 0.87 ▼ 1.10% LTC 44.40 ▼ 0.89% BCH 226.48 ▼ 1.20% TRX 0.33 ▲ 0.98% XLM 0.20 ▼ 0.19% HBAR 0.07 ▲ 0.33% NEAR 1.97 ▼ 3.33% ATOM 1.59 ▼ 0.22% AAVE 88.24 ▲ 0.92% SELIC 14.25% EMBRAER 84.83 ▲ 2.08% EMBRAER ADR 64.13 ▲ 1.96% JBS 12.26 ▲ 1.57% JBS BDR 63.00 ▼ 0.69% MBRF3 16.78 ▼ 0.94% MBRFY 3.28 ▲ 2.18% INTER 5.47 ▼ 0.36% EGX 50,533 ▲ 0.09% USD/ZAR16.21▼ 0.14% USD/NGN1,366▼ 0.31% NIKKEI 69,744 ▲ 1.47% CSI300 4,842 ▲ 0.62% HSI 23,350 ▲ 1.28% NIFTY 24,271 ▲ 0.39% KOSPI 8,088 ▲ 5.76% JCI 5,876 ▲ 2.28% USD/JPY161.34▲ 0.15% USD/CNY6.77▼ 0.14% DAX 25,779 ▲ 0.78% CAC 8,508 ▲ 0.39% FTSE 10,679 ▲ 0.25% MIB 52,819 ▲ 0.75% IBEX 19,852 ▲ 0.92% STOXX 652.77 ▲ 0.68% EUR/USD1.14▲ 0.07% GBP/USD1.34▲ 0.08% SPX 7,483 — 0.00% DJI 52,900 ▲ 1.14% NDX 29,329 ▼ 1.61% RUT 2,996 ▼ 0.55% TSX 35,275 ▲ 0.88% VIX 15.81 ▼ 2.11% USD/CAD1.42— 0.00% US10Y 4.4850 — 0.00% IBOV 174,070 ▲ 0.74% IPSA 10,821 ▲ 0.55% IPC MEX 67,060 ▼ 0.02% MERVAL 3,196,900 ▲ 1.26% COLCAP 2,295.72 ▲ 1.57% BVL PERÚ 55,809.71 ▲ 0.30% USD/BRL 5.17 ▼ 0.02% USD/MXN 17.46 ▲ 0.04% USD/CLP 919.75 — 0.00% USD/COP 3,332 ▼ 1.62% USD/PEN 3.40 ▼ 0.07% USD/ARS 1,488 ▼ 0.07% USD/UYU 40.21 ▲ 1.33% USD/PYG 6,052 ▲ 1.45% USD/BOB 6.86 ▲ 1.45% USD/DOP 58.77 ▼ 0.73% USD/CRC 450.98 ▲ 1.80% USD/GTQ 7.62 ▲ 2.23% USD/HNL 26.71 ▲ 4.29% USD/NIO 36.62 ▲ 0.40% USD/VES 651.34 ▲ 11.02% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.29 ▲ 1.18% USD/TTD 6.66 ▲ 0.07% EUR/BRL 5.91 ▼ 0.42% BRENT 72.13 ▲ 0.46% WTI 68.78 ▲ 0.13% IRON ORE 161.91 — — COPPER 6.22 ▲ 1.79% GOLD 4,187 ▲ 1.81% SILVER 62.82 ▲ 3.58% SOY 1,147 ▲ 1.82% CORN 440.75 ▲ 4.69% WHEAT 600.25 ▲ 1.39% COFFEE 287.45 ▼ 11.36% SUGAR 14.81 ▼ 1.20% ORANGE JUICE 170.70 ▼ 2.40% COTTON 77.52 ▲ 5.79% COCOA 5,123 ▲ 2.34% BEEF 239.03 ▼ 1.16% CATTLE 360.80 ▼ 0.92% LITHIUM 76.53 ▼ 1.85% PETR4 38.25 ▲ 0.76% VALE3 78.84 ▲ 0.77% ITUB4 42.74 ▲ 0.64% BBDC4 18.26 ▲ 2.51% ABEV3 16.29 ▼ 0.06% BBAS3 19.98 ▼ 0.10% B3SA3 14.76 ▲ 1.03% WEGE3 46.48 ▲ 0.48% PRIO3 52.96 ▲ 0.74% SUZB3 40.80 ▲ 0.05% RENT3 41.45 ▲ 0.48% AZZA3 17.14 ▼ 1.15% CSAN3 3.78 ▲ 1.61% RAIZ4 0.39 ▲ 2.63% PCAR3 2.63 ▲ 10.04% GMAT3 3.75 ▲ 3.88% PSSA3 54.19 ▲ 1.37% CVCB3 1.31 — 0.00% POSI3 3.92 ▼ 0.25% SLCE3 12.81 ▲ 1.51% NATU3 8.38 ▲ 1.95% BRKM5 6.24 ▼ 0.79% RANI3 7.92 ▼ 1.00% CSNA3 4.82 ▲ 4.33% CMIN3 4.31 ▲ 1.41% USIM5 8.77 ▲ 2.45% GGBR4 21.44 ▲ 1.37% ENEV3 26.63 ▲ 1.56% NEOE3 33.80 — 0.00% CPFE3 45.69 ▲ 1.31% CMIG4 11.03 ▲ 0.55% EQTL3 39.44 ▲ 0.36% LREN3 14.80 — 0.00% VIVT3 34.75 ▲ 0.40% RAIL3 13.63 ▲ 1.34% KLABIN 17.10 ▲ 0.65% RAIA DROGASIL 17.07 ▲ 1.13% RDOR3 35.75 ▲ 0.62% HAPV3 10.63 ▲ 2.11% FLRY3 15.72 ▼ 0.38% SMTO3 15.52 ▼ 0.58% UGPA3 27.53 ▲ 3.50% VBBR3 30.38 ▲ 1.84% BBSE3 38.65 ▼ 0.05% BPAC11 55.84 ▲ 2.38% CURY3 34.93 ▲ 0.60% AERI3 2.02 ▲ 0.50% VIVARA 22.77 ▲ 0.09% COMPASS 24.77 ▲ 0.49% VAMOS 2.87 ▲ 2.50% SANB11 26.95 ▲ 0.67% ASAI3 8.79 ▲ 1.15% SBSP3 30.37 ▲ 1.54% WALMEX 50.18 ▲ 0.84% GMEXICO 199.35 ▲ 0.92% FEMSA 225.49 ▼ 0.12% CEMEX 21.44 ▲ 0.33% GFNORTE 187.63 ▼ 0.04% BIMBO 56.53 ▲ 0.25% TELEVISA 9.38 ▲ 0.43% AMX 22.48 ▲ 0.27% GAP 438.10 ▼ 0.78% ASUR 310.81 ▲ 0.59% OMA 243.75 ▼ 0.06% KOF 186.86 ▼ 0.35% GRUMA 281.56 ▼ 0.17% KIMBER 38.44 ▼ 0.26% SQM-B 66,990 ▼ 0.73% COPEC 5,811 ▼ 0.40% BSANTANDER 75.05 ▲ 0.24% FALABELLA 5,840 ▲ 0.72% ENELAM 82.46 ▼ 0.53% CENCOSUD 2,090 ▲ 0.82% CMPC 1,041 ▲ 0.68% BANCO CHILE 182.49 ▲ 0.33% LATAM AIR 25.94 ▼ 0.23% YPF 71,575 ▲ 2.14% GGAL 7,975 ▲ 0.82% PAMPA 5,135 ▲ 0.88% TXAR 665.00 ▲ 0.23% ALUAR 993.00 ▲ 0.20% TGS 9,195 ▲ 2.51% CEPU 2,323 ▲ 0.69% MIRGOR 17,300 ▲ 2.82% COME 42.28 ▲ 1.25% LOMA NEGRA 3,673 ▼ 0.34% BYMA 309.25 ▲ 2.32% TELECOM ARG 3,990 ▲ 0.50% ECOPETROL 14.70 ▲ 1.73% BANCOLOMBIA 79.15 ▲ 1.24% GRUPO AVAL 5.06 ▼ 0.39% CREDICORP 391.21 ▲ 1.09% SOUTHERN COPPER 172.01 ▲ 1.90% BUENAVENTURA 29.72 ▲ 1.78% MERCADOLIBRE 1,763 ▲ 1.22% NUBANK 13.61 ▲ 1.64% XP 16.16 ▼ 0.12% PAGSEGURO 9.12 ▲ 0.77% STONE 11.17 ▲ 1.64% GLOBANT 32.51 ▲ 3.57% TECNOGLASS 45.62 ▼ 2.87% GAP AIRPORT 253.71 ▲ 0.51% ASUR 310.81 ▲ 0.59% OMA AIRPORT 111.73 ▼ 0.42% AMX ADR 25.72 ▲ 0.43% FEMSA ADR 129.30 ▲ 0.93% CEMEX ADR 12.29 ▲ 1.32% PETROBRAS ADR 16.11 ▲ 0.75% VALE ADR 14.99 ▲ 0.60% ITAU ADR 8.12 ▼ 0.12% SANTANDER BR 5.19 — 0.00% AMBEV ADR 3.10 ▼ 0.32% CSN 0.90 ▲ 0.55% GERDAU 4.07 ▲ 1.24% LATAM ADR 56.43 ▼ 0.84% BTC 62,531 ▼ 0.02% ETH 1,764 ▲ 0.42% SOL 81.46 ▼ 1.00% XRP 1.15 ▲ 1.41% BNB 572.50 ▼ 0.16% ADA 0.18 ▼ 1.01% DOGE 0.08 ▼ 0.61% AVAX 6.87 ▼ 1.10% LINK 7.93 ▼ 0.46% DOT 0.87 ▼ 1.10% LTC 44.40 ▼ 0.89% BCH 226.48 ▼ 1.20% TRX 0.33 ▲ 0.98% XLM 0.20 ▼ 0.19% HBAR 0.07 ▲ 0.33% NEAR 1.97 ▼ 3.33% ATOM 1.59 ▼ 0.22% AAVE 88.24 ▲ 0.92% SELIC 14.25% EMBRAER 84.83 ▲ 2.08% EMBRAER ADR 64.13 ▲ 1.96% JBS 12.26 ▲ 1.57% JBS BDR 63.00 ▼ 0.69% MBRF3 16.78 ▼ 0.94% MBRFY 3.28 ▲ 2.18% INTER 5.47 ▼ 0.36% EGX 50,533 ▲ 0.09% USD/ZAR 16.21 ▼ 0.24% USD/NGN 1,366 ▼ 0.15% NIKKEI 69,744 ▲ 1.47% CSI300 4,842 ▲ 0.62% HSI 23,350 ▲ 1.28% NIFTY 24,271 ▲ 0.39% KOSPI 8,088 ▲ 5.76% JCI 5,876 ▲ 2.28% USD/JPY 161.34 ▲ 0.15% USD/CNY 6.7702 ▼ 0.10% DAX 25,779 ▲ 0.78% CAC 8,508 ▲ 0.39% FTSE 10,679 ▲ 0.25% MIB 52,819 ▲ 0.75% IBEX 19,852 ▲ 0.92% STOXX 652.77 ▲ 0.68% EUR/USD 1.1440 ▲ 0.03% GBP/USD 1.3350 ▲ 0.01% SPX 7,483 — 0.00% DJI 52,900 ▲ 1.14% NDX 29,329 ▼ 1.61% RUT 2,996 ▼ 0.55% TSX 35,275 ▲ 0.88% VIX 15.81 ▼ 2.11% USD/CAD 1.4198 ▲ 0.11% US10Y 4.4850 — 0.00%
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Saturday, July 4, 2026

Opinion: Nile dam is just a false pretext for Egypt to pressure Ethiopia

By · August 1, 2022 · 4 min read

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(Opinion) Ethiopia planned third filling of the Grand Ethiopian Renaissance Dam (GERD) prompted Egypt to complain to the UNSC. Cairo’s official position is that the megaproject will supposedly deprive its downstream people of the Nile’s water upon which they depend, while Addis Ababa insists that this scenario is unrealistic, that it has no such intentions to “weaponize water”, and that everything that it’s done is fully in line with international law.

Objectively speaking, Egypt’s concerns are unsubstantiated and appear driven by the desire to mask its meddling in Ethiopia’s domestic affairs.

Read also: Check out our coverage on curated alternative narratives

To explain, Egypt considers itself an aspiring hegemon that expects to wield transregional influence over North Africa, East Africa, and the Levant. It feels challenged by Ethiopia’s peaceful rise as a developmentally driven and fiercely sovereign Great Power due to the zero-sum influence exerted upon its decisionmakers by their American ally.

Grand Ethiopian Renaissance Dam - The Ethiopia and Egypt Water Dispute
Grand Ethiopian Renaissance Dam – The Ethiopia and Egypt Water Dispute. (Photo internet reproduction)
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Instead of supporting all African countries’ comprehensive improvement of their domestic situations through economic means, Egypt prefers to hold those like Ethiopia down so that it can dominate them and subsequently exploit their resources.

On the one hand, Egypt claims that it’s an African country, while on the other hand it rejects the formula of “African solutions for African problems” by involving the Arab League, the UN, and the US in its artificially manufactured dispute with Ethiopia.

Cairo’s plot is to have them put pressure on Addis under the pretext of GERD in order to assist its efforts in eroding that target state’s sovereignty for the purpose of eventually exploiting its resources. This modus operandi complements its employment of Sudan and the TPLF as proxies, both of which have thus far failed in their divide-and-rule missions.

Short of a direct military strike against GERD, which would plunge the larger region into an unprecedented war and therefore isn’t in Egypt’s objective interests, there really isn’t anything that Cairo can do to stop Ethiopia from continuing to fill its dam.

All people have the right to renewable energy, especially those who haven’t been able to reliably enjoy any form of energy up until this point like so many in Ethiopia. GERD is therefore a humanitarian megaproject that aligns with the UN’s Sustainable Development Goals, with only Egypt claiming that it’s part of a regional conspiracy.

The only such conspiracy that objectively exists is that which Egypt and its Western partners have hatched against Ethiopia through their TPLF-driven Hybrid War of Terror as punishment for its principled neutrality in the New Cold War as well as the complementary pressure that they’re exerting upon it on the false pretext of GERD.

[dropshadowbox align=”none” effect=”lifted-both” width=”auto” height-“” background_color=”#ffffff” border_width=”1″ border_color=”#dddddd” ]THE ETHIOPIA AND EGYPT WATER DISPUTE

The Grand Renaissance Dam is a mega-construction project promoted by the Ethiopian government in 2011 to generate the electric power necessary for the country’s development. With a booming economy despite political instability in recent decades, Ethiopia seeks to lift some 110 million people out of poverty and achieve a ‘middle-income country’ status by 2025.

Egypt and Sudan received the announcement with consternation, the main beneficiaries of the 1959 Nile Waters Agreements. Egypt, whose water supply is 90% dependent on the Nile, fears that the project will desert 30% of its farmland and reduce the total amount of available water by 20%. Sudan would benefit from the project, but is watching it cautiously since Egypt is a powerful ally.[/dropshadowbox]

Neither national unity nor humanitarian megaprojects should ever be politicized, yet that’s exactly what Egypt and others have attempted to do as part of their hegemonic plot to sabotage Ethiopia’s peaceful rise as a multipolar Great Power.

Seeing as how it’s unlikely that Egypt will stop its Hybrid War against Ethiopia, both with respect to its employment of regional proxies as well as its exploitation of the artificially manufactured scandal over GERD, the only suitable recourse is for activists to continue exposing Cairo’s true motivations.

It needs to be called out for meddling in a nearby country and politicizing that which should never have been politicized in the first place. While this method might not influence its foreign policy, it’ll at the very least stand the chance of eroding its soft power and getting others to realize that it’s an irresponsible actor.

 

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