South Africa and the Democratic Republic of Congo have signed an agreement to build a major hydroelectric power project, which is said to bring electricity to more than half of the continent’s 900 million people. But economic analysts warn that foreign investors will prevent the grid from benefiting the general public.
(One of the companies hoping to benefit from cheap power from the Inga Dam project is BHP Billiton.)
See http://ipsnews.net/news.asp?idnews=105843.