Ismael continued his expansionist policies in Africa until he met failure in his attempt to conquer Abyssinia (1875). Unfortunately, these military operations were expensive, as were his modernization programmes. The Egyptian government faced bankruptcy. This in turn threatened the stability of the country, and the security of the Suez Canal. Ismael’s European creditors (mainly British) stepped in, and a British official was appointed to take control of Egypt’s finances.
A little later, a nationalist revolt against British interference threatened the Suez Canal’s security. The British sent forces to put down the revolt, and swiftly found themselves in control of the entire country (1882). From then on the British have administered Egypt, even though the country remains nominally subordinate to the Turkish sultan.
ORIGINAL SOURCE: timemaps.com