Israeli Prime Minister Benjamin Netanyahu will mediate between Egypt and Ethiopia regarding the latter's dam project which Cairo believes will have a detrimental effect on its economy, Israeli magazine Mida reported yesterday.
His appointment comes following Egyptian Foreign Minister Sameh Shukri's visit to Tel Aviv soon after Netanyahu returned from a tour of Africa. Netanyahu will replace former Fatah leader Mohamed Dahlan.
Mida reported that Netanyahu had told Ethiopians to continue in their talks with Egypt and advised them not to harm the north African state's interests.
Cairo fears the Renaissance Dam will lead to a reduction in its water supply from the Nile, and also reduce the electricity it generates from the Aswan Dam, which will be cut by between 25-40 per cent when the first stage of the project is complete.
Russia had previously suggested Egypt build a nuclear power plant to combat the effects of the dam and ensure it has a sustainable electricity supply.
Construction of the dam is expected to be finalised in 2017.