Portugal has agreed to give up its remaining stake in a giant hydroelectric dam in Mozambique, ending a long-running dispute.
Portugal, the former colonial power, had retained control of the Cahora Bassa dam after Mozambique became independent, but gave up most of its stake five years ago.
The Portuguese Prime Minister, Pedro Passos Coelho, signed the deal on a visit to Mozambique.
The dam is on the Zambezi River.
It is a vital source of electricity for Mozambique, South Africa and Zimbabwe.
No comments:
Post a Comment