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Cabo Verde

Bringbuys Web Technology plans to install technology hub in Cabo Verde at the beginning of July

14 June 2019
The conditions for the installation of a technological hub in Cabo Verde to provide services to West Africa "are all in place," and the project is due to move ahead in early July, the chair of Cabo Verde Tradeinvest said on Thursday in Praia.

Trade between China and Portuguese-speaking countries reaches US$46.254 billion from January to April

14 June 2019
Trade between China and the Portuguese-speaking countries increased 11.99% in the period from January to April 2019 to US$46.254 billion, according to official Chinese figures released by Forum Macau.

Schengen Agreement limits mobility in the Community of Portuguese Speaking Countries

13 June 2019
The future mobility scheme in the Community of Portuguese-Speaking Countries (CPLP) will be limited by short-stay visas because of the European Schengen agreement, which only exempts Brazil and Timor-Leste, said the Portuguese Minister of Foreign Affairs.

Macau company negotiates installation of technology hub in Cabo Verde

12 June 2019
A delegation from Bringbuys Web Technology of Macau will travel to Praia from 13 to 15 June to continue negotiations for the installation of a technology hub in Cabo Verde, Cabo Verde TradeInvest said in a statement.

Cabo Verde’s PM expects mobility of people within the CPLP to be implemented this year

12 June 2019
The problem of mobility within the Community of Portuguese Speaking Countries (CPLP) could be solved later this year during Cabo Verde's presidency, said the Cape Verdean prime minister on Tuesday.

World Bank grants two loans to Cabo Verde

10 June 2019
The World Bank has recently resumed budget support to Cabo Verde, with funding of US$40 million for 2019 under an agreement signed recently in the capital Praia, according to official information.

Bank of Cabo Verde reduces interest rate to boost credit to the economy

5 June 2019
The Bank of Cabo Verde (BCV) decided to reduce the interest rate of the marginal lending facility by 1.5 percentage points to "improve the effectiveness of the monetary transmission mechanism," the central bank said in a statement.

Cabo Verde Airlines takes delivery of the second plane with new company branding

4 June 2019
The second new aeroplane painted up with the new branding of Cabo Verde Airlines and named "Baía de Tarrafal" is in the capital city Praia, where it arrived last Friday, the archipelago's flagship airline said.

Macau can support the financial sector of Portuguese-speaking countries in the Greater Bay

3 June 2019
Macau can use its language, culture and network to support Portuguese-speaking countries to take advantage of the development opportunities of the Greater Bay and the Chinese market, particularly in terms of providing financial services, said the Secretary for Economy and Finance of Macau.

Loans from China to Portuguese-speaking countries processed in Macau

31 May 2019
A loan worth more than 10 billion yuan (US$1.45 billion) granted by China to a Portuguese-speaking country was processed in Macau in 2018, the Secretary for Economy and Finance said on Thursday.

Cabo Verde calls for the creation of development bank of the Community of Portuguese Speaking Countries

27 May 2019
The proposal to create a development bank for the Community of Portuguese Speaking Countries (CPLP) may be discussed by the organisation's member states in July, the Cape Verdean deputy prime minister said on Saturday in Lisbon.

Brazilian group Oi raises US$26.3 million through the sale of a stake in Cabo Verde Telecom

22 May 2019
Cabo Verde has paid US$26.3 million to repurchase the 40% stake owned by PT Ventures of Brazilian group Oi in the share capital of Cabo Verde Telecom, the government said in a statement released on Tuesday in Praia.

Trade between China and Portuguese-speaking countries increases by 11.62% in the first quarter

15 May 2019
Trade between China and the Portuguese-speaking countries grew 11.62% in the period from January to March 2019 to US$33.696 billion, according to official Chinese figures released by Forum Macau.

Forum Macau wants more tourist cooperation with Portuguese-speaking countries

7 May 2019
Boosting exchange and cooperation in the areas of tourism, conventions and exhibitions is a key task in the framework of Forum Macau, the Secretary-General of Forum Macau said on Monday.

Spanish citizen buys Geocapital’s stake in Caixa Económica de Cabo Verde

6 May 2019
The Bank of Cabo Verde (BCV) has approved the acquisition of a 27.44% stake in Caixa Económica de Cabo Verde (CECV) by International Holding Cabo Verde (IHCV), according to a statement released on Friday.

Government of Cabo Verde sells 10% stake in airline TACV

29 April 2019
The government of Cabo Verde plans to sell 10% of the shares of TACV - Cabo Verde Airlines, through the country's Stock Exchange, announced the Minister of State, Parliamentary Affairs and the Presidency of the Council of Ministers of Cabo Verde.

The Greater Bay Area is a challenge for Portuguese-speaking countries, says Forum Macau official

26 April 2019
The deputy secretary general of the Forum for Economic and Trade Cooperation between China and Portuguese-speaking Countries, Rodrigo Brum said on Thursday that Macau's role in the Greater Bay Area (GBA) is, among other things, to be the link to Portuguese-speaking countries.

Angola and Cabo Verde reconnected by air

26 April 2019
Angolan flagship airline TAAG on Friday is due to relaunch the link between Luanda and the island of Sal in Cabo Verde after a suspension of about three years due to a lack of profitability of the destination, an airline source said in the Angolan capital.

Bank of Cabo Verde revises high economic growth forecast for 2019

18 April 2019
The Bank of Cabo Verde has revised its economic growth forecast for 2019 from 4.7% to 5.2% due to "recent economic developments" and "expectations about macroeconomic policies," according to the bank's monetary policy report.

Supporting Office to the Permanent Secretariat of Forum Macau may become a Services Directorate

17 April 2019
The Macau government is considering a proposal to transform the Supporting Office to the Permanent Secretariat of Forum Macau into a Services Directorate, Teresa Mok, the Office's coordinator, said on Tuesday.
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