Cabo Verde resumes salt exports

15 June 2015

Cabo Verde (Cape Verde) has resumed the export of salt, this time to Spain by Palmeira e Pesca Lda (P&P), a company which has Spain’s Fernando Vega, a native of Galicia, as a major shareholder, reported Cape Verdean weekly newspaper A Semana.

The paper added that this historical deal, which comes 31 years after the end of Companhia de Fomento de Cabo Verde (CFCV), which stopped operating in 1984 when it stopped to export salt to Portugal and what is now the Democratic Republic of Congo.

Vega said it was “good business for the company,” which also exports an average of 1.5 tons of fresh fish to Europe every week – live crustaceans, lobsters and barnacles, among others, as well as supplying fish to several hotel units on the islands of Sal and Boa Vista.

The salt, purchased from Salinas de Cabo Verde under a contract that will allow modernisation of this old plant on the island of Sal, is intended to be used by Spanish tuna fishing vessels working at Porto Grande in Mindelo.

“On 15 May, 2015, Palmeira e Pesca reached an agreement with Salinas de Cabo Verde to invest 125,000 euros in modernising this old industrial unit and, in return P&P will get the exclusive right to purchase salt to sell on to fishing vessels and industrial establishments,” said Vega.

The Spanish businessman said the aim was to sell at least 6,000 tons of salt per year to Spanish industrial tuna fishing vessels and the first delivery of 80 tons was made ​​on 24 May to a Spanish tuna ship in Mindelo. (macauhub/CV)