Cabo Verde

Cabo Verde expected to get around 30% of electricity from renewable sources by 2025

7 December 2018

Thirty percent of electricity production in Cabo Verde (Cape Verde) is expected to be provided by renewable sources by 2025, according to the Energy Sector Master Plan for 2018-2025, approved on Thursday by the Council of Ministers.

Government of Cabo Verde prepares to set up competition regulator

6 December 2018

Cabo Verde (Cape Verde) is set to have a competition regulator, with its creation scheduled for 2019, the deputy prime minister and finance minister announced on Wednesday in Praia.

Cabo Verde has a new Business Registration Information System

5 December 2018

The Commercial Registry Information System (SIRC) will make the lives of citizens and businesses easier and improve the business environment in Cabo Verde (Cape Verde), Justice and Labour Minister Janine Lélis said on Monday in Praia.

Cabo Verde travel and tourism association considers opening office in Macau

3 December 2018

The Association of Travel and Tourism Agencies of Cabo Verde (AAVTCV) is considering opening a representative office in Macau, while also intending to move forward with a partnership with its local counterpart, the association said in a statement.

Angola to have mobile payment system in 2019

29 November 2018

The National Bank of Angola (BNA) intends to introduce payments through mobile telephony, and plans to put forward new legislation in 2019 to that effect, said BNA director Pedro de Castro e Silva in Luanda on Wednesday.

Authorisation request by Banco Sino-Atlântico yet to be analysed as it is not complete

28 November 2018

The authorisation process of Banco Sino-Atlântico, of Macau businessman David Chow, has yet to be analysed and decided upon due to the fact that it is incomplete, the Bank of Cabo Verde (BCV) said in a statement released on Tuesday.

Icelandair delivers final proposal for purchase of 51% of Cabo Verde Airlines

26 November 2018

The Loftleidir-Icelandic airline has submitted a final and binding proposal to buy a 51% stake in Cabo Verde Airlines, the Cape Verdean archipelago's government said in a statement released on Friday.

Cabo Verde Parliament approves law setting public debt limit at 60% of GDP

23 November 2018

The Cape Verdean parliament has passed a law stipulating that the country's domestic and foreign public debt in the short and medium term cannot exceed 60% of the Gross Domestic Product (GDP) at market prices, according to local press reports.

Macau and Cabo Verde discuss traditional Chinese medicine in Praia

22 November 2018

The Cape Verdean government wants to draw up a strategic plan on traditional medicine in cooperation with China, the archipelago's Health Minister, Arlindo do Rosário, said in Praia on Tuesday.

Cabo Verde faces a high risk of public over-indebtedness

21 November 2018

Cabo Verde (Cape Verde) continues to face a high risk of over-indebtedness, the spokesman for the Budget Support Group (GAO) said on Tuesday in Praia according to the archipelago's press.

Mindelo hosts the 23rd edition of the Cabo Verde International Fair in 2019

20 November 2018

The city of Mindelo, on São Vicente Island, will host the 23rd edition of the Cabo Verde (Cape Verde) International Fair (FIC 2019), which will take place from 13 to 17 November, the President of FIC recently announced in Praia.

Cabo Verde hotels receive more than 553,000 guests from January to September

19 November 2018

Cabo Verde's hotel establishments received more than 553,000 guests from January to September 2018, a year-on-year increase of 8.1%, the archipelago's National Statistics Institute (INE) said.

Cabo Verde wants to achieve full mobility in the Community of Portuguese Speaking Countries

15 November 2018

Cabo Verde (Cape Verde) "will do everything" it can to ensure that the full mobility of citizens within the Community of Portuguese Speaking Countries (CPLP) space is guaranteed "as soon as possible," said the Cape Verdean President.

New Executive Secretary of the CPLP takes office on 15 December

15 November 2018

Portuguese ambassador Francisco Ribeiro Teles takes office on 15 December as the new executive secretary of the Community of Portuguese Speaking Countries (CPLP), said on Wednesday the Cape Verdean Minister of Foreign Affairs and Communities.

CPLP entrepreneurs call for free movement within the community of countries

14 November 2018

The Business Confederation of the Community of Portuguese Speaking Countries (CE-CPLP) hopes that during the Cape Verdean presidency of the organszation the issue of mobility will be overcome, said Jorge Spencer Lima, the outgoing vice president.

Cabo Verde International Fair to be managed by private entities

13 November 2018

Cabo Verde's (Cape Verde's) chambers of commerce and tourism will take over the management of the Cabo Verde International Fair with the purchase of the state's 80% stake, said the secretary general of the Sotavento Chamber of Commerce, Industry and Services.

Cabo Verde International Fair 2018 opens with 130 companies

12 November 2018

The 22nd edition of the Cabo Verde (Cape Verde) International Fair (FIC), which starts on Wednesday, 14 November in Praia, will have a total of 220 stands of 130 companies from Cabo Verde, Portugal, Spain and Brazil, according to the event's organisers.

Angola and Cabo Verde to have air links once again by the end of this year

5 November 2018

The Angola-Cabo Verde (Cape Verde) air link will be resumed later this year, with only a few technical adjustments left to organise, the Angolan Transport Minister said recently.

Portuguese-speaking countries hold talks on tourism in Macau

29 October 2018

More than thirty people on Friday concluded their participation in a colloquium on tourism management, conventions and exhibitions for Portuguese-speaking countries, according to Forum Macau.

Macau businessman David Chow considers investments in Mozambique

25 October 2018

Macau businessman David Chow Kam Fai is looking for investment projects in Mozambique after the difficulties he has faced in implementing projects in Praia, the capital of Cabo Vede (Cape Verde), according to the China-Lusophone Brief (CLBrief).

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