Tag: Cabo Verde

2 July 2018

Five of the six Portuguese-speaking African countries are on the list of 44 states that have subscribed to the African Continental Free Trade Area (AfCFTA) project, which received a generally positive reception from civil society.

25 June 2018

Trade between China and the Portuguese-speaking countries has increased 11-fold since Forum Macau was set up in 2003, and the Forum has played a “very important role” in Chinese globalisation, said China’s Deputy Minister of Commerce.

28 May 2018

China’s direct investment in Portuguese-speaking countries has reached US$$50 billion, Macau Forum Secretary-General Xu Yingzhen said in an interview with local Portuguese-language newspaper Tribuna de Macau.

23 April 2018

São Tomé and Príncipe, Guinea Bissau and Cabo Verde (Cape Verde), the three smallest Portuguese-speaking African economies, are expected to see economic growth in 2018 well above the average for the sub-Saharan Africa region, according to the latest forecast from the International Monetary Fund.

9 April 2018

Business projects involving China and Portuguese-speaking countries have been receiving official Chinese funding, but the deepening of this cooperation in the “era” of the New Silk Road requires innovative financial mechanisms, the president of the Fund for Cooperation and Development between China and the Portuguese-speaking Countries said in Lisbon.

21 February 2018

The diversification of the Cabo Verdean economy is high on the list of priorities for the archipelago’s government, which intends to attract more investment, especially for infrastructure, to improve the business environment and to open up to emerging economies, Portuguese trade and investment promotion agency AICEP Portugal Global said recently.

12 February 2018

Brazil and Cabo Verde (Cape Verde) will be two of the first countries visited by the new President of Angola, João Lourenço, in a clear sign of the importance of strategic relations with both Portuguese-speaking countries, particularly in economic terms.

5 February 2018

The licensing process of Banco Sino-Atlântico (BSA), in Cabo Verde (Cape Verde), by Macau businessman David Chow is underway at the Bank of Cabo Verde (BCV), the banking sector regulator, which has already received all the documentation related to it, the Africa Monitor Intelligence newsletter reported.

15 January 2018

Cabo Verde (Cape Verde) and Guinea-Bissau are expected to post economic growth above the regional and global average in 2018, according to the World Bank, which has also significantly reduced growth forecasts for Mozambique and raised them for Angola.

2 January 2018

São Tomé and Príncipe and Cabo Verde (Cape Verde) are expected to lead economic growth in Portuguese-speaking Africa in 2018, followed closely by Guinea-Bissau and Mozambique, with Angola seeing the most modest forecasts for Gross Domestic Product (GDP) growth.

18 December 2017

The business environment improved from 2016 to 2017 in all Portuguese-speaking countries, among which Cabo Verde (Cape Verde) was the best positioned and Angola the one that rose the most, according to the classification in the World Bank “Doing Business” report for 2018.

31 October 2017

Macau businessman David Chow plans to expand his interests in Cabo Verde (Cape Verde), building up the expectations of the government and the local business community that these investments will have positive repercussions on the Cape Verdean economy.

4 October 2017

The economies of the Portuguese-speaking countries, with the exception of Mozambique, recorded slight gains in the Global Competitiveness Index 2017-2018, released last week.

18 September 2017

Tourism is growing significantly in Africa and Mozambique is one of the destinations that has benefited from the increase in the number of foreign tourists, according to figures released by the Euromonitor International consultancy.

21 August 2017

With the privatisation process of the TACV airline finally launched, the Cape Verdean government is also preparing to make important changes in maritime transport, in a process that is being followed with interest by China.

31 July 2017

A programme of gold visas for investors is one of the measures being prepared by the Cape Verdean government to attract foreign investment to the archipelago, the Cape Verdean prime minister told Macao Magazine.

28 July 2017

Ulisses Correia e Silva, Cabo Verdean Prime Minister, discusses how he hopes to work more closely with Asian investors to diversify the West African archipelago’s economy

17 July 2017

The project of the future Special Economic Zone (EEZ) of São Vicente, Cabo Verde (Cape Verde), is a priority for the government and the country is preparing to receive the first facility of this kind, focused on the maritime sector and created with the support of China in the Portuguese-speaking countries.

10 July 2017

The availability of European funds to finance cooperation projects in Africa is large, but there is a lack of well-prepared projects, particularly in Portuguese-speaking African countries, according to the president of the Portuguese Development Finance Society (Sofid).

19 June 2017

The role played by Macau as a platform in the relationship between China and Portuguese-speaking countries is viewed with renewed interest by economic agents due to the establishment in the Special Administrative Region of the headquarters of the Fund for Cooperation and the “Belt and Road” initiative drawn up by the central government of China.

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