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Old 02-10-2006, 07:36 PM   #2 (permalink)
Frank Cunha
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Mozambique latest news - we made a deal with Portugal not with the Euro nations

http://allafrica.com/stories/200610020569.html

The dam operating company, Hidroelectrica de Cahora Bassa (HCB), is still 82 per cent owned by the Portuguese state, with Mozambique holding the remaining 18 per cent. The November 2005 memorandum sought to reverse this: Mozambique would end up with 85 per cent of HCB, and Portugal with 15 per cent: in effect, Portugal agreed to sell 67 per cent of HCB to Mozambique, for a price of 950 million dollars
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