International Cabo Verde Fair hosts 1st Finance Expo

7 November 2014

The 18th Cabo Verde (Cape Verde) International Fair (FIC), which will take place in Praia between 19 and 23 November, will host its first edition of Expo Finance, reported Cape Verdean weekly newspaper A Semana.

Expo Finance is an initiative of the Business Development and Innovation Agency (ADEI), in partnership with the Leeward (Sotavento) Chamber of Commerce, Industry and Services, which aims to solve the main constraint on the private sector, especially micro, small and medium enterprises: finance.

The Finance Expo will be directed at entrepreneurs and project developers, providing them with access to product information, conditions and procedures to be considered for financing operations.

Contacts will also be made between banks operating in the country and the businesspeople promoting bankable projects, so-called B2B (Business to Business), in order to increase awareness of the financial products available, as well as the specific details of granting credit. (macauhub/CV)