Portugal’s SaeR increases capital and expands to Portuguese-speaking Africa

20 June 2014

Portuguese business risk assessment and consultancy company Sociedade de Avaliação de Empresas e Risco (SaeR) will have new shareholders and increase its capital in order to make its internationalisation process, to Angola Cabo Verde (Cape Verde) and Mozambique, easier the managing partner of the Portuguese company said.

José Poças Esteves told Portuguese daily newspaper Público that the new shareholders were António Burity da Silva, former Angolan education minister and former UNESCO representative in Angola and Geocapital, owned by Jorge Ferro Ribeiro, a businessman often associated to the business interests of Macau magnate Stanley Ho.

Poças Esteves also said that, as well as Brazil, SaeR is now “going into Angola and Cabo Verde and should quickly start operating in Mozambique.”

The company “is also in Macau,” but in this case “with a somewhat different strategic positioning based on the fact that this territory is seen as a link between Europe and Africa with China.”

In relation to Mozambique Poças Esteves said that #negotiations are still underway to carry out the local project, as well as for the participation of Mozambican organisations,” adding that the process would be concluded by the end of the year. (macauhub/PT/AO/CV/MZ/MO)