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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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).
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.
Angola and Mozambique are among the 10 tourist destinations that are expected to record greater growth in demand for leisure travel in the next decade, according to the latest report on the competitiveness from the World Economic Forum.
Cabo Verde (Cape Verde), the Portuguese-speaking African country with the highest level of development and greatest political and economic stability, is preparing a set of measures to further open up the archipelago to foreign investment, according to a recent publication.
The two- or three-way relationship between China and the Portuguese-speaking countries will be in focus on 21 February, at an international conference due to be held in Lisbon where Macau’s role as a contact platform will be a central theme.
The isolationist trend in the foreign policy of the new US administration, particularly towards Africa, has led some analysts to predict that the Chinese “One Belt, One Road” strategy will take on an …
Portuguese-speaking countries should be the “stars” of economic growth in 2017 in Africa, a continent that is expected to see a slight recovery, according to the most recent economic forecasts from international institutions.
The analysis and dissemination of the opportunities offered by the official Chinese initiative of the New Silk Road for the Portuguese-speaking countries is the goal of a study group set up in Lisbon,…