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Cabo Verde

Energy and water company Aquasun invests in agro-industrial project in Cabo Verde

13 September 2019
The Aquasun Energia e Água company plans to invest 22 million euros in an agro-industrial project on the island of Santo Antão in Cabo Verde, under a convention approved on Wednesday by the Cabo Verde Council of Ministers.

Cabo Verde’s Blue Economy Plan presented to the government by November

11 September 2019
The Blue Economy Plan will be presented to the Government by November, Cabo Verde's Deputy Secretary of State for the Maritime Economy said on Tuesday in Praia.

Cape Verdean government makes proposal to parliament to create Public Finance Council

11 September 2019
The government of Cabo Verde has approved the draft law establishing the Public Finance Council, an independent entity that will work with the prime minister's office, the minister of the presidency of the council of ministers recently announced.

São Tomé and Príncipe and Cabo Verde to sign an agreement to avoid double taxation of income

2 September 2019
São Tomé and Príncipe and Cabo Verde plan to sign agreements to avoid double taxation of income and to ensure reciprocal protection of investments, the Cape Verdean Deputy Prime Minister and Finance Minister announced.

Number of tourists in Cabo Verde increases 7.8% in the first half

30 August 2019
Cabo Verde's hotel establishments received 413,59,000 guests in the first half of 2019, a year-on-year increase of 7.8%, the archipelago's National Statistics Institute (INE) said.

Cabo Verde Airlines adds to US connections with flight to Dulles International

21 August 2019
Cabo Verde Airlines will increase its air links to the United States with flights between Sal Island and Dulles International Airport, the airline said in a statement issued in Praia.

Cape Verdean government approves draft law regulating compulsory marine insurance

21 August 2019
Cabo Verde's Council of Ministers approved a draft law regulating compulsory marine insurance, which aims to reform the entire maritime passenger and cargo transport sector, the spokesman for the meeting, the Minister of Culture and Creative Industries, announced on Tuesday in Praia.

Binter Cabo Verde airline changes name to Transportes Interilhas de Cabo Verde

20 August 2019
The airline Binter Cabo Verde, which operates inter-island flights in Cabo Verde, has changed its name to Transportes Interilhas de Cabo Verde, indicates the announcement in the official gazette.

Foreign direct investment in Cabo Verde increases by 54% in first quarter

14 August 2019
Foreign direct investment in Cabo Verde reached 3.14 billion escudos (US$31.9 million) in the first quarter of 2019, an increase of 54.61% year-on-year, the Bank of Cabo Verde reported in its Statistics Bulletin.

Cabo Verde Airlines increases flights to Portugal with the arrival of a new plane

13 August 2019
Cabo Verde Airlines will increase the number of weekly flights between Praia and Lisbon to three from 30 August following the acquisition of a new plane, the airline said on Monday.

Trade between China and the Portuguese-speaking countries rises 1.17% in the first half of 2019

12 August 2019
The value of trade between China and the Portuguese-speaking countries grew marginally by 1.17% year-on-year from January to June 2019 to US$70.139 billion, according to official Chinese figures released by Forum Macau.

Angola and Cabo Verde end double taxation and guarantee free movement of goods and capital

12 August 2019
The governments of Angola and Cabo Verde have signed three agreements to end double taxation and guarantee mutual administrative assistance in customs and tax matters, at a ceremony held in Luanda, according to official information.

Cabo Verde Airlines launches bi-weekly flight to Luanda, Angola in December

12 August 2019
Cabo Verde Airlines will fly twice a week to Luanda, starting in December, and may depart from the Angolan capital to other destinations, said Cabo Verde's Deputy Prime Minister and Finance Minister Olavo Correia.

United Kingdom was the largest source of tourists for Cabo Verde in first quarter

9 August 2019
Tourists from the United Kingdom accounted for the biggest group in Caboe Verde in the first quarter of 2019 and were also stayed for the longest period with an average stay of 7.5 nights, according to the National Statistics Institute-

Cabo Verde and Angola sign agreement to avoid double taxation

8 August 2019
The governments of Cabo Verde and Angola on Thursday are due to sign a two-way agreement in Luanda to avoid double taxation and to allow for the “free movement of goods and capital,” according to official information.

Cards were the most widely used payment method in Cabo Verde in 2018

8 August 2019
Payment cards were the most widely used electronic instruments in Cabo Verde in 2018, accounting for 86.0% of total transactions in the country, according to the Bank of Cabo Verde

Sal Island now has air connections to Santiago, São Vicente and Fogo islands

6 August 2019
Air connections from the Sal Island platform to Santiago, São Vicente and Fogo islands in Cabo Verde are due to begin on 13 August under a partnership with the Lease Fly and Newtour groups, Cabo Verde Airlines said in a market statement issued on Monday.

New sea transport concessionaire in Cabo Verde starts operating on 15 August

6 August 2019
The launch of the new sea transport concessionaire on 15 August, "will unite all the islands that will now have a single market," said the Minister of Transport and Tourism and Minister of Maritime Economy of Cabo Verde.

Cabo Verde’s banking system remains vulnerable, central bank says

2 August 2019
Cabo Verde's financial system, particularly banking, continues to suffer from vulnerabilities that may affect the strength of its institutions, the archipelago's central bank said.

Cabo Verde Airlines starts flights to Luanda, Angola and Porto Alegre, Brazil in December

2 August 2019
Cabo Verde Airlines starts flying to Luanda, the capital of Angola, on 9 December, offering two regular flights a week, the Cape Verdean airline said in a statement issued in Praia.
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