Brazil: Small Cape Verde firms to get management training

10 March 2008

Fortaleza, Brazil, 10 March – Small and micro firms in Cape Verde will receive training from one of Brazil’s main institutions in the sector, the head of Cape Verde’s Chamber of Commerce, Adriano Cruz, said Friday in the Brazilian city of Fortaleza.

Cruz told Portuguese news agency Lusa the training programs are the result of an accord to be signed in May with the Brazilian Service for Support to Micro and Small Businesses (Sebrae). This agreement involves transfer of management technology tools and marketing techniques to Cape Verde firms in the second half of this year, he added.

“Our expectations are very high because we have much to gain and learn with the work developed for years by Sebrae, a true model for the world,” said Cruz.

Cape Verdean companies are pressing for the Bank of Brazil to open a branch in the islands, he added. “We want the Brazilian government to support bilateral trade with Cape Verde via the opening of credit lines from the Bank of Brazil.”

Both countries have made “great efforts” in recent years to strengthen two-way economic ties, with the opening of new air and sea routes, and Cape Verde’s imports from Brazil were worth around US$ 19 million last year, noted Cruz. (macauhub)