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Cabo Verde

China examines support for Cabo Verde’s Special Economic Zone of the Maritime Economy

20 June 2018
The economic feasibility study for the construction of the Special Economic Zone of the Maritime Economy on the island of Sao Vicente in Cabo Verde is expected to be completed this year, with China being able to finance this project, according to the business attache of the Chinese Embassy in Cabo Verde.

Cabo Verde Telecom requests to be listed on the stock exchange

19 June 2018
Cabo Verde Telecom (CV Telecom) will apply to list shares representing its capital stock on the Cabo Verde Stock Exchange, according to a decision made in the Cape Verdean capital, Praia.

Cabo Verde to be connected to Brazil-Europe submarine cable

14 June 2018
Cabo Verde Telecom and EllaLink signed a Memorandum of Understanding under which Cabo Verde (Cape Verde) will have access to the 6,000-kilometre submarine cable that will link Brazil and Europe andis due to be operational by 2020.

Legis-PALOP legal database now includes Timor-Leste

8 June 2018
The Legis-PALOP legal database, an electronic platform that brings together legislation, jurisprudence and tenets from Angola, Cabo Verde (Cape Verde), Guinea-Bissau, Mozambique and São Tomé and Príncipe, will now include the legal system of Timor-Leste (East Timor), to be called Legis-PALOP+TL, according to an official statement.

Service sector opportunities in the Guangdong-Hong Kong-Macau Great Bay area

4 June 2018
The exploration of business opportunities for the services sector in the future Guangdong-Hong Kong-Macau Great Bay Area was one of the issues addressed on Friday at a seminar on trade in services between China and Portuguese-speaking countries.

A portion of 19% of Binter Cabo Verde will be sold to individuals

31 May 2018
A portion of 19% of Binter Cabo Verde's capital stock will be put up for sale "to whoever wants to buy it," said the country's Deputy Prime Minister and Finance Minister Olavo Correia, cited by local news agency Inforpress.

Conventions and exhibitions in Macau and food products from Portuguese-speaking countries showcased at fair in China

28 May 2018
Macau's advantages as a venue for conventions and exhibitions was the theme of a seminar organised by the Macau Trade and Investment Promotion Institute (IPIM) in Chongqing in cooperation with government agencies in Macau, according to an official statement.

Bank of Cabo Verde approves the takeover of Banco Internacional by Bahraini company

25 May 2018
The Bank of Cabo Verde approved the entry of IIBG Holdings into the share capital of Banco Internacional de Cabo Verde (BICV), with the company incorporated in Bahrain now holding a 90% stake, the Cape Verdean central bank said in a statement on Thursday.

Foreign exchange agreement between Portugal and Cabo Verde may go as far as “near integration” in the eurozone

24 May 2018
The future of the exchange agreement between Portugal and Cabo Verde may come close "to near integration" in the eurozone, through the convergence of economic policies, Cape Verdean Prime Minister Ulisses Correia e Silva said in Praia on Wednesday.

International Finance Corporation supports Cabo Verde SMEs

24 May 2018
The International Finance Corporation (IFC) has granted a credit line worth 5.0 million euros to Banco Caboverdiano de Negócios (BCN) to provide consultancy services to small and medium-sized enterprises, the Cape Verdean bank said in a statement.

Macau wants to be a platform for relations between the media in China and the Portuguese-speaking countries

23 May 2018
Macau may become a platform for developing relations between Chinese and Portuguese-speaking media, said Victor Chan Chi Ping, director of the Government Information Bureau (GCS), during the "Macau Global Media Industry Development" conference.

Cabo Verde hotel industry receives 215,000 tourists in the first quarter

18 May 2018
Cabo Verde's (Cape Verde's) hotel establishments received 215,000 tourists in the first quarter of the year, an increase of 10.3% compared to the same period of 2017, according to figures released on Thursday by the Cape Verdean National Statistics Institute (INE).

Forum Macau promotes cooperation between companies in Yangzhou and Portuguese-speaking countries

16 May 2018
The Permanent Office intends to promote productive cooperation between enterprises in Yangzhou and Portuguese-speaking countries, taking advantage of the multilateral mechanism of Forum Macau and the role of Macau as a platform, said the secretary general of the organisation in Jiangsu.

New Hengqin Area wants to broker Chinese cooperation with Portuguese-speaking countries

10 May 2018
The New Area of Hengqin (NAH) aims to become a pilot region for economic cooperation between China and Portuguese-speaking countries, Yang Chuan, director of the NAH's administrative committee, told the China Daily newspaper.

Portugal analyses Caixa Geral de Depósitos taking stake in the Cabo Verde Sovereign Fund

10 May 2018
The Portuguese government is analysing a proposal submitted by its Cape Verdean counterpart for Portuguese state bank Caixa Geral de Depósitos (CGD) to acquire a stake in the Cabo Verde (Cape Verde) Sovereign Fund, the archipelago's finance minister said on Wednesday in Lisbon.

Cabo Verde negotiates financial assistance programme with the International Monetary Fund

9 May 2018
The Cabo Verde (Cape Verde) government is negotiating a financial assistance programme with the International Monetary Fund (IMF) focused on public debt, Cabo Verde's prime minister Ulisses Correia e Silva said in Lisbon on Tuesday.

Portuguese-speaking entrepreneurs meet in Mozambique

8 May 2018
The first Economic Conference of the Market of the Community of Portuguese Speaking Countries (CPLP) begins on Wednesday in Maputo, Mozambique, with the participation of about 350 people, including entrepreneurs, representatives of business associations, public foreign trade bodies, heads of state and members of the government of the CPLP countries, according to the organising body.

Cabo Verde Airlines replaces Transportes Aéreos de Cabo Verde

8 May 2018
Transportes Aéreos de Cabo Verde (TACV) has ceased to exist and has been replaced by Cabo Verde Airlines, a change of image that also stems from the restructuring process that the company is undergoing ahead of its privatisation, the chief executive president of the air carrier, Mário Chaves said recently.

Cabo Verde TradeInvest provides a platform for companies to promote themselves

4 May 2018
The digital platform in Cabo Verde (Cape Verde) that allows export companies to sign up to the Companies and Service Providers' Directory is now available, the chair of export and investment promotion agency Cabo Verde TradeInvest said in Praia.

Majority of Angola’s working population works in the informal economy

4 May 2018
Angola is the Portuguese-speaking country with the biggest percentage of its active population working in the informal economy, with a rate of 94%, according to a report recently released in Geneva by the International Labor Organization (ILO).
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