Published • loading... • Updated
Ethiopia denies Trump claim mega-dam was financed by US
Prime Minister Abiy Ahmed stated the Grand Ethiopian Renaissance Dam was fully funded by domestic taxes and diaspora loans, with no international financial support.
- The $4-billion Grand Ethiopian Renaissance Dam will generate 5,150 megawatts of electricity, making it the largest dam by power capacity in Africa.
- Ethiopia's Prime Minister Abiy Ahmed denied Trump's claim that the dam was financed by the United States, stating it was funded through taxes and loans from Ethiopians.
- The GERD's construction began in 2011 and its prime contractor said no international lenders were willing to finance the project.
Insights by Ground AI
26 Articles
26 Articles
Ethiopian Prime Minister Abiy Ahmed says his country paid for the new mega-dam on the Nile River entirely on its own. US President Donald Trump claimed last month that the United States had financed the massive construction, but Abiy denies this.
·Apeldoorn, Netherlands
Read Full Article$4-billion project: Ethiopia denies Trump claim mega-dam was financed by US
·Luxembourg City, Luxembourg
Read Full ArticleCoverage Details
Total News Sources26
Leaning Left3Leaning Right4Center7Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 21%
C 50%
R 29%
Factuality
To view factuality data please Upgrade to Premium


















