Increasing human activity and the ballooning population in Egypt have “seriously altered” the Nile’s flow conditions, which, coupled with the looming Grand Ethiopian Renaissance Dam, will likely result in a freshwater crisis for Egypt by 2025, ScienceDaily reports. Wait, it gets worse: Citing a study from the Geological Society of America, ScienceDaily says that “the coast 20 to 40 km of [Nile] delta surface will be underwater by the end of this century” due to rising sea levels.
More from Enterprise
CIB CEO Hisham Ezz Al Arab on why Egypt is ready to welcome digital-native banks
“Egypt is at the brink of an inflection point with…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Egypt looks to restart privatization push with five new EGX filings
Egypt is looking to temporarily list 20 state-owned companies this…
Instapay hits profitability as demand keeps up one year into 0.1% transaction fee
Instapay has also become the bridge between bank accounts and…