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the khedives attempted to build canals harbors railroads and other public works and needed money They borrowed from European creditors at high interest rates and in order to pay them off the Egyptians sold shares of the Suez Canal to Britain and accepted 4 commissioners of debt to oversee finances the British sent an army into Egypt and established a system of indirect rule for 70 yrs
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the US had a huge supplies of iron ore coal and oil US produced 48 million automobiles while Germany produced 331000 and Japan only 26000 it would not take the country long for the
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new iron ore port at Indienne for Mayoko iron ore north of Pointe Noire In 2007 privately owned British firm Mining Projects Development said it had found large deposits of iron ore at the Zanaga site in Lekoumou region in the south of the country Exploration work suggested there could be 500 million tonnes of ore
The completion of the Aswan High Dam in 1971 and the resultant Lake Nasser have altered the timehonored place of the Nile river in the agriculture and ecology of Egypt A rapidly growing population the largest in the Arab world limited arable land and dependence on the Nile all continue to overtax resources and stress society
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New structural elements developed partly following older trends Differing resistence against the northward drift of northeast Africa including Arabia led to the separation of Arabia from Africa and to the formation of the Red Sea Gulf of Suez Gulf of AkabaGraben system All major structural events were accompanied by magmatic activity
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