Mozambique: Cahora Bassa Deadlines Will Be Met

Maputo — Mozambican Energy Minister Salvador Namburete has insisted that the government will fully comply with the deadlines involved in paying for its share of Hydroelectrica de Cahora Bassa (HCB), the company that operates the Cahora Bassa dam on the Zambezi river.

Cited by the independent newsheet "Mediafax", Namburete said that the government is awaiting responses to the invitations it sent to various financial institutions to form partnerships to pay the 700 million US dollars that it owes Portugal for 67 per cent of HCB.

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