Government of Cabo Verde wants more foreign investment

21 November 2014

The Prime Minister of Cabo Verde (Cape Verde) Thursday re-stated the strategy to make the country an “open door” for Africa and called for more public-private partnerships and foreign investment in the archipelago.

At the inauguration of the 18th edition of the Cape Verde International Fair (FIC), which has the participation of 150 companies from 18 countries, José Maria Neves noted that this year the event will be the biggest ever and the first organised through a public-private partnership.

This year’s FIC includes several missions and business associations from the European Union, the Community of Portuguese-Speaking Countries, the Economic Community of West African States, Portugal, Brazil and the United States, and Neves also highlighted the participation of companies from the Azores, Madeira, the Canaries and Cabo Verde.

Portugal, with 20 companies, is the most represented foreign country at the 18th FIC, the largest international trade event held in the archipelago, with a varied range of products and services including food, energy, construction, hospitality, industry and transport.

The fair, which ends Sunday, is organised by the AIP Foundation, through AIP – Feiras, Congressos e Events, in partnership with FIC, an event held annually and alternately in Praia and Mindelo (Sao Vicente Island) . (macauhub/CV/MZ/PT