Mozambique seeks funds for power plant

Mozambique is seeking investors to build a 1 400 megawatt hydropower plant on the country's Zambezi River. The planned plant at Mphanda Nkuwa would add to the Cahora Bassa station, which lies upstream of the new site and is sub-Saharan Africa's largest hydropower station. Mozambique needs to meet growing demand at home from a planned titanium plant and a possible future expansion to an aluminium plant. (www.businessreport.co.za - 04/25/05)