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Cabo Verde

Purchase of stake in Binter Cabo Verde requires public investment of US$1.27 million

29 May 2017
The acquisition of a 49% stake in the capital of airline Binter Cabo Verde by the archipelago's government will require an investment of just 19%, given that 30% corresponds to the commercial concession of domestic and regional routes, the Prime Minister of Cabo Verde said.

Portuguese-speaking countries seek partners and investments in Macau

26 May 2017
Representatives from the eight Portuguese-speaking member countries of Forum Macau will travel to Macau in search of Chinese partners and investments at the International Forum on Investment and Infrastructure Construction (IICF), on 1 and 2 June.

Government of Cabo Verde buys 49% of Binter Cabo Verde airline

26 May 2017
Airline Binter Canarias concluded the sale of a 49% stake in Binter Cabo Verde to the government of the West African archipelago, according to Spanish newspaper ABC, which added that in return Cabo Verde's (Cape Verde's) flagship airline will stop flying between islands as of 1 August.

Cabo Verde’s flagship airline stops flying between archipelago’s islands

24 May 2017
Cabo Verde's (Cape Verde's) Transportes Aéreos de Cabo Verde (TACV) airline will no longer fly between the islands of the archipelago as of 1 August, and these routes will be provided by Binter Cabo Verde, the economy minister José Gonçalves said on Tuesday in Praia.

China supports creation of Special Economic Zone in Cabo Verde

22 May 2017
China will support the creation of a maritime Special Economic Zone (SEZ) on the Cape Verdean island of S. Vicente, Chinese Foreign Minister Wang Yi said on Saturday at a meeting in Praia with his Cape Verdean counterpart Luís Filipe Tavares.

Headquarters of the Chinese-Portuguese-Speaking Cooperation and Development Fund in Macau inaugurated on 1 June

22 May 2017
The Macau Special Administrative Region (MSAR) Secretary for Economic Affairs and Finance announced on Friday that the inauguration ceremony of the China-Portuguese-Speaking Cooperation and Development Fund in Macau will take place on 1 June.

China grants loan to fund e-governance project in Cabo Verde

19 May 2017
The government of Cabo Verde (Cape Verde) approved a loan agreement with the Export-Import Bank of China amounting to 84.5 million yuan (1.2 million escudos or US$121,000) at a cabinet meeting held on Thursday in Praia.

Cabo Verde’s Finance Minister says public debt is “huge”

19 May 2017
Cabo Verde's (Cape Verde's) public debt is "huge and excessive" but "not unsustainable," said Finance Minister Olavo Correia, adding the government was working to reduce its value as a percentage of gross domestic product (GDP).

Cabo Verde has more tourists in the 1st quarter

18 May 2017
Cabo Verde's (Cape Verde's) hotel establishments registered 2.4% and 6.8% increases in the number of guests and overnight stays in the first quarter of the year, compared to the same period of 2016, according to the National Statistics Institute.

Trade between China and Portuguese-speaking countries grows 43% in Q1

17 May 2017
Trade between China and Portuguese-speaking countries reached US$23.97 billion in the first quarter of the year, an increase of 43.33% compared to US$ 16.72 billion in the same period of 2-16, according to figures from Forum Macau.

Macau provides tourism training to Portuguese-speaking countries

17 May 2017
The first of three groups of government officials from Portuguese-speaking countries this year began a two-week training course in Macau on Monday given by the Macau Government Tourist Office (MGTO), according to official information.

European Union approves customs exemption for fishery products from Cabo Verde

15 May 2017
The European Union (EU) has approved a request for an annual export exemption on Cabo Verde's (Cape Verde's) fishery products, which has been under negotiation for months, said Foreign Minister Luís Filipe Tavares.

Transportes Aéreos de Cabo Verde airline no longer has public funding

12 May 2017
The government of Cabo Verde (Cape Verde) will no longer subsidis the country's flagship airline Transportes Aéreos de Cabo Verde (TACV), said the country's Foreign and Defence Minister Luís Filipe Tavares.

Forum Macau takes part in Portuguese Language Day in Beijing

10 May 2017
The Day of Portuguese Language and Culture of the Community of Portuguese Speaking Countries was celebrated for the first time in Beijing on the initiative of the diplomatic representations of the Portuguese speaking countries, said the Permanent Secretariat of Forum Macau.

Cabo Verde Government has a plan to recover airline TACV

10 May 2017
The Cape Verdean government already has a credible plan for the recovery and restructuring of Cabo Verde's (Cape Verde's) flagship airline Transportes Aéreos de Cabo Verde (TACV), the Cape Verdean prime minister said in a statement on Monday.

Macau prepares creation of the Business Federation of China and Portuguese Speaking Countries

27 April 2017
Representatives of Macau in the future Business Federation of China and Portuguese Speaking Countries (FECPLP) met on Wednesday to discuss the drafting of the articles of association, membership categories and organisational structure of the institution.

Dynamic Macau Week held this month in city of Shenzhen

26 April 2017
The city of Shenzhen hosted Dynamic Macau Week 2017 from 14 to 16 April, showcasing the region's role as a platform between China and the Portuguese-speaking countries.

World Bank increases aid to Cabo Verde to US$90 million

26 April 2017
The World Bank has increased from the amount of aid to be granted to Cabo Verde (Cape Verde) over the next three years from US$42 million to US$90 million, announced Finance Minister Olavo Correia.

Food products from Portuguese-speaking countries promoted in China

25 April 2017
Promotional and business matching activities related to food products from Portuguese-speaking countries will be held from 28 to 30 April in Guangzhou.

Portal about food products from Portuguese-speaking countries attracts more than 300,000 visitors

20 April 2017
The Economic and Trade Cooperation and Human Resources Portal between China and Portuguese-speaking Countries has received over 300,000 visitors since its creation on 1 April, 2015.
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