Download AMAN Application from Apple store and Google play                                Follow us on : Twitter - Facebook - YouTube - Instagram

STATUTES GENERAL ASSEMBLY SECRETARY GENERAL CONTACTS Follow us on Twitter Follow us on Facebook Follow us on Instagram
Daily News
MedNEWS HOME
SANA - SARC delivers aid to several families in Eastern Ghouta
Damascus Countryside, SANA- The Syrian Arab Red Crescent(SARC) continued to deliver aid to the most affected families in towns and...
SANA - Breast cancer survivors tell of success stories during lectures
Damascus, SANA- With courage in the face of breast cancer and the desire to overcome it and to move on,...
SANA - Nassib border crossing to re-open tomorrow Monday
Damascus, SANA- Interior Minister Mohammad al- Sha’ar said that an agreement has been reached between Syria and Jordan to re-open...
NNA - الرياضي بيروت بطل السوبر في كرة السلة
وطنية - أحرز الرياضي بيروت، مسابقة كأس السوبر الممهدة للموسم السلوي اللبناني، بفوزه على هومنتمن بيروت بطل الثنائية الدوري والكأس...
NNA - كمشة دفى اطلقت حملتها الثانية في المتن
وطنية - اطلقت 'كمشة دفى' حملتها الثانية في منطقة المتن، بالتعاون مع بلدية بيت مري وبحضور رئيس البلدية روي ابو...
NNA - Eight young artists win the 'Boghossian Foundation Award' for Film, Children's Literature, Painting, Dance and Design
NNA - The Boghossian Art Foundation celebrated the annual distribution of its 'Young Lebanese Artists Award' ...
NNA - L'ambassadeur d'Autriche visiteur d'honneur lors du dîner annuel de l'Association 'j'ai de la droit de vivre'
ANI - L'ambassadeur d'Autriche, Marian Werba, accueilli comme visiteur d'honneur lors du dîner annuel de l'Association "j'ai de la droit...
EFE - Spanish artist Eduardo Arroyo, Narrative Figuration master, dies aged 81
Madrid, Oct 14 (EFE).- Figurative painter and sculptor Eduardo Arroyo, one of the most relevant 20th-century Spanish artists and a...
Lusa - Business News - Mozambique: Dam operator HCB seeks financial partner for sale of 7.5% stake




Maputo, Feb. 12 (Lusa) - Mozambique hydroelectric dam operator Hidroeléctrica de Cahora Bassa (HCB) on Monday announced that it was formally seeking a partner for the operation to sell shares equivalent to 7.5% of its capital on the country's stock exchange.
The company is looking for a "leading entity in financial intermediation to supply services relating with the organisation, registration, obtention of authorisation, marketing, launch and execution of a public offer for sale of shares in HCB," it said in statement.
No date has yet been scheduled for the public offering, plans for which were announced by the country's president, Filipe Nyusi, at the end of November.
According to the statement, the company hopes "to contribute to promoting the economic inclusion of Mozambicans, as well as the consolition of the credibility of HCB with major domestic and international participants in the enterprise, with a focus on financial institutions."
The state has held 85% of HCB's shares since an accord in 2007 in which Portugal handed over its controlling stake dating back to colonial times.
The dam managed by the company, located on the River Zambeze, in Tete province in central Mozambique, is the largest in Southern Africa. Its construction was started in 1969 and it began operating in 1977.
As well as supplying electricity for the domestic market, HCB also supplies various other countries in the region.

LFO/ARO // ARO.
Lusa

Agency : LUSA

Date : 2018-02-13 10:24:44







 

Copyright © Alliance of Mediterranean News Agencies 2017