MOZAMBIQUE

Article Abstract:

The dam at Cahora Bassa in Mozambique will begin to produce electricity for the first time since its construction in 1975, following an agreement between South Africa, Portugal and Mozambique concerning electricity prices per kilowatt/hour. The agreement will run from 1 August 1998 to 31 December 1999, due to the present instability of financial markets. The dam belongs to the Portuguese firm HCB (Hidroel ctrica de Cahora Bassa), which is held at 82% by the Portugese state and 18% by the government of Portugal. The electricity produced will be sold to Eskom, the South African company, at the rate of 900 MW per year. EDF, could enter into the capital of HCB (as indicated in the French President's visit to Maputo). The capital is also open to Zimbabwe at a maximum level of 30%.

Comment:

Mozambique: Cahora Bassa dam to begin electricity prodn since construction in 1975 following an agreement w/ S Africa & Portugal

Facilities & equipment, Hydroelectric Power, Hydroelectric Power Generation, Water power

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Privatisation pour 11 entreprises d'Etat

Article Abstract:

Mali is to privatise 11 state-owned companies between 1998 and 2001. Five of them, in which the state holds only a minority share, will be totally privatised. These companies are the SMPC (Soci t Malienne des Produits Chimiques), Somaco (Soci t Malienne des Conserves), the Soci t d'Entreprise du Mali, Mali Trans Service, and the Soci t Naval du Mali (Sonam). The government of Mali will keep a 48.5% stake in the Energie du Mali company and a 20% stake in SLMTP, which rents equipment for public works. The government will maintain a 51% stake in BMCD (Banque Malienne de Cr dit et de D pot), Sonatam (the Soci t National des Tabacs et des Allumettes), ADM (Aeroports du Mali) and Sotelma (the Soci t des T l communications du Mali). *

Comment:

Mali: Government is to privatize 11 state-owned companies between 1998 & 2001

Diversified Companies, Mali

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Motraco

Article Abstract:

The Mozambique Transmission Company (Motraco) which has US$ 130mn in capital stock, has been founded by Eskom, which holds a 33.3% stake, Electricidade de Mo ambique (EDM) also with a 33.3% stake, the Swaziland Electricity Board (SEB with a 15% stake, and private investors, which hold an 18.3% stake. The purpose of this new company is to coordinate South African electricity supplies to Swaziland and Mozambique. Two new power transmission lines will be built between Maputo and the Eskom stations at Arnot and Camden.

Comment:

Holds 33.3% stake in newly-formed Mozambique Transmission to coordinate Swaziland-Mozambiq electricity supplies

Joint ventures, Electric Bulk Power Transmission and Control, Electric Power Transmission, Eskom Holdings Ltd., Mozambique Transmission Co., Electricidade de Mozambique

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