Maputo, Mozambique, 30 Aug – Águas da Região de Maputo (Waters of the Maputo Region) is the new name for the water supply company in the municipal areas of Maputo and Matola, in Mozambique, and following a recent expansion its system also covers the district town of Boane, according to Mozambican daily newspaper Notícias.
The company was previously called Águas de Moçambique (AdeM), but the fact that this name did not properly reflect the company’s geographical coverage, which is the Maputo metropolitan area rather than the country as a whole, as well as significant changes to its shareholder structure led to the change of name and the company’s logo.
AdeM was set up in 1999 as part of the management of water supply systems of five cities in the country, specifically Maputo, Beira, Quelimane, Nampula and Pemba, and since then has been responsible for the capital under the terms of a concession established with water fund, Fundo de Investimento e Património do Abastecimento de Água (Fipag).
The company’s shareholders were previously Saur, a French company, Portuguese water company Águas de Portugal and Mazi, a group of Mozambican companies.
In 2002, the French left the company, leaving Águas de Portugal as the main shareholder, until 28 December last year, when Fipag took on 73 percent of the shares.
The change of name is taking place at a time when the amount of water distributed by the network has risen from 6,000 to 7,100 cubic metres per hour, the period of water supply ahs increased from six to 10 hours per day and the area of activity has been extended. (macauhub)
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- Mozambican investors to have priority in concession on water supply to Maputo
- Mozambican state fund takes control of water company AdM
- Águas de Moçambique management to pass to Mozambican investors in 2015
- Mozambique’s water supply fund provides water to around 35,000 homes in six months