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Ethan Belding

Ethan Belding
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  • East & Sub-Saharan Africa Investing Blog [View instapost]
    The situation in Egypt right now is quite interesting. It looks like the military is allowing President Morsi to play the role of strong man (provided he does not compromise their interests). This serves a purpose, as East African states that share the waters of the Nile are becoming more aggressive vis-à-vis their water rights. The instability brought about by the Arab spring weakened Egypt, which allowed co-riparian nations to project themselves in a manner that was not possible when Egypt had a stable government. Egypt now has an incentive to demonstrate that it is united enough to fight any challenges to the waters of the Nile. In my view this is why Morsi was able to force Field Marshall Tantawi to retire last August. He would not have been able to do that without the support of the military and, in my opinion, he would not have had the support of the military if it was not in their interest to have a leader who appeared to be powerful enough to enforce his will.
    Jan 23, 2013. 10:37 AM | 3 Likes Like |Link to Comment
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