Portugal and European Commission due to present economic prospects for Cape Verde Friday

4 December 2009

Praia, Cape Verde, 4 Dec – Portugal and the European Commission Friday in Praia are due to present the economic prospects for Cape Verde included in the “Economic Prospects in Africa 2008/2009” report.

The report, drawn up by the Organisation for Economic Cooperation and Development (OECD) and the African Development Bank (ADB), covers “Economic Prospects in Africa – Global Vision, Innovation and ICTs in Africa.”

According to a source from the event’s organisers in Cape Verde, the document reviews the current economic situation and makes short term projections for the 47 African countries that account for 99 percent of the continent’s Gross Domestic Product (GDP) and 97 percent of its population.

The 2009 edition is focused on innovation and information and communication technologies (ICT) in Africa, and puts forward a complete review of their proliferation nd use on the African continent.

The document was drawn up together with the ADB and was also co-financed by the European Commission (EC).

Portuguese cooperation, for the fifth consecutive year, via the Portuguese Institute to Support Development, funded the translation of the general introduction and the chapters dedicated to Angola; Cape Verde and Mozambique into Portuguese. (macauhub)