Didnt egypt take on loads of debt, invade Ethiopa, get absolutely defeated, and then have their government collapse, which was the event that allowed the Britis

Didnt egypt take on loads of debt, invade Ethiopa, get absolutely defeated, and then have their government collapse, which was the event that allowed the British to take over? I'm no fan of colonialism, but does Egypt really count when they were basically already a modern western power?