Brazilian and Cape Verdean businesspeople sign partnership for shrimp production

18 September 2009

Praia, Cape Verde, 18 Sept – Businesspeople from Brazil and Cape Verde, with the support of a Dutch fund, are to produce farmed shrimp in Cape Verde, a source from the Support Service for Micro and Small Enterprises (Sebrae) of the Brazilian state of Ceará announced.

The joint venture, which represents an investment of 1.5 million euros, will be based on industrial technology from Ceará.

The Dutch fund, which is non-refundable, provides resources for African countries to receive technology from other countries, namely from Brazil.

Sebrae has supported commercial exchange from Brazil, and more specifically with Ceará, with Cape Verde’s business community.

A project to farm freshwater fish to be used as bait in tuna fishing, is also being analysed by the same businesspeople.

Carlso Cruz, Sebrae’s manager in Ceará said that other Brazilian projects that could be set up in Cape Verde were now being identified. (macauhub)