Financial Afrik published on 6 July 2025 an article titled "Ethiopia Completes the Grand Renaissance Dam: $4 Billion Funded 'On Its Own'."
Prime Minister Abiy Ahmed announced on 3 August that the $4 billion Grand Ethiopian Renaissance Dam has been completed and will be inaugurated in September. It is the largest hydropower dam in Africa and was funded by the Ethiopian government through national bonds and contributions from patriotic campaigns and deductions from civil service salaries.
