"The Nile is a river shared by ten riparian States. Out of these countries, five are among the ten poorest in the world. Their state of poverty, coupled with the alarming population explosion and environmental degradation, necessitate the development of the Nile Water resources by all riparian States.
"The treaty for the full utilization of the Nile", concluded between Egypt and the Sudan in 1959, divides the entire flow of the Nile between the two countries. Other riparian countries, notably Ethiopia--a country with a population of more than 60 million (projected to be 120 million by the year 2025) and which contributes about 86 per cent of the annual discharge of the Nile--to date use only less than 1 per cent of it. Although the need has always been there, Ethiopia has failed to develop its water resources to feed its needy population, mainly because of a lack of the required financial resources. Policies of international financial institutions like the World Bank, which have made it difficult for upper riparian countries to secure finance for development projects without the consent of the downstream riparian countries, have a significant contribution in this regard. Bilateral sources of finance have not been any better. Foreign investments for the development of the Nile waters have been almost out of the question. The downstream riparian States, therefore, have maintained the right to veto the development endeavours of the …