Botswana counts its losses as Westcor folds
Friday, March 05, 2010
In 2003, BPC invested US$100 000 in Western Power Corridor (Westcor), an ambitious P55 billion project known as INGA III to tap hydroelectric power from the Congo and Cuanza Rivers in the DRC and Angola respectively.
Botswana, along with the DRC, Angola, Namibia and South Africa, were to benefit from an anticipated 3 500 MW produced by the project.
It has only been a month since the newly elected government, the Umbrella for Democratic Change (UDC), took power, and there are already a lot of changes. Across different ministries, ministers are hard at work. Following heavy rainfall and storms that hit Francistown recently, the Minister of State Presidency, Moeti Mohwasa, made a commitment that government will assist those affected by the heavy rains. Mohwasa, when addressing the media in...