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Cabo Verde

Angola’s economic growth revised upwards by IMF

18 April 2018
Angola's economy is expected to grow by 2.2% this year and 2.4% in 2019, up by 0.6 percentage points and one percentage point than forecasts in the World Economic Outlook for October 2017, the International Monetary Fund announced on Tuesday in Washington.

Sale of Azores Airlines is part of the strategy of the government of Cabo Verde

18 April 2018
The possibility of the Icelandair group taking a stake in the capital of Azores Airlines, the airline of the Portuguese archipelago of the Azores, complements and adds value to the potential deal between that group and Cape Verdean flagship airline Transportes Aéreos de Cabo Verde (TACV), the country's prime minister said on Tuesday in Praia.

Trade between China and Portuguese-speaking countries totals US$20.4 billion in January/February

16 April 2018
Trade between China and the Portuguese-speaking countries in January/February totalled US$20.4 billion, or an increase of 37.43% over the same period of 2017, according to official Chinese figures released by Forum Macau.

Cabo Verde Government creates a tax to fund maritime security

16 April 2018
The Cape Verdean government has approved a law that creates the maritime safety tax, whose revenue will be used to finance quality services in the control and management of maritime traffic, announced the Minister of the Presidency of the Council of Ministers and meeting spokesperson.

IPIM director appointed as Deputy Secretary-General of Forum Macau

13 April 2018
The director of the Macau Trade and Investment Promotion Institute (IPIM), Gloria Batalha Ung, will be appointed to the position of deputy secretary-general of Forum Macau, taking on both roles, according to a statement from the office of the Macau Secretary's for the Economy and Finance.

Macau businessmen promote food products from Portuguese-speaking countries

12 April 2018
Businessmen and shopkeepers from Macau will promote food products from Portuguese-speaking countries on 26 and 27 April in Huizhou and Dongguan, and in Fuzhou in Fujian province in May, according to the Macau Trade and Investment Promotion Institute (IPIM).

Two companies readmitted to international public tender in Cabo Verde

10 April 2018
The Polaris and Palm Shipping Line companies have been readmitted to the international tender for a public transport operator license in Cabo Verde (Cape Verde), once again joining the Sousa and ETE groups, both from Portugal, West African Company and Cabo Verde's CV Fast Ferry, which have been approved for the second phase, according to the local press.

German company introduces wave energy to Cabo Verde

9 April 2018
German company SINN Power plans to start a commercial project to capture sea wave energy to supply aquaculture company Fazenda do Camarão on the island of São Vicente in Cabo Verde (Cape Verde), the company said in a statement posted on its website.

Cabo Verde’s economy registers growth of 3.9% in 2017

4 April 2018
Cabo Verde's  Gross Domestic Product (GDP) grew by 3.9% in 2017, an increase of 0.1 percentage points compared to growth of 3.8% a year earlier, according to the National Institute of Statistics (INE) on Tuesday.

CPLP to shift focus from language to economy, says secretary-general

29 March 2018
The growing interest of countries such as South Korea in the status of observer to the Community of Portuguese Speaking Countries (CPLP) shows the economic potential of the organisation without language being the central priority, the secretary general Maria do Carmo Silveira said on Wednesday in London.

Cabo Verde Parliament approves permanent residence card for investors

28 March 2018
The Cape Verdean parliament on Monday approved a bill that creates tax benefits for foreign citizens who decide to buy a second home in Cabo Verde (Cape Verde), while also granting a permanent residence card, known as the Green Card, the local press reported.

Cabo Verde wants all of its electricity to come from renewable sources by 2025

26 March 2018
The Cape Verdean government wants the country to be the first in the world to produce all its electricity based on renewable energy through a programme launched in 2010.

Forum Macau plans to visit Portuguese-speaking countries in 2018

23 March 2018
Delegations from Forum Macau will travel to Angola, Brazil, Cabo Verde (Cape Verde), Guinea Bissau, Mozambique, Portugal, Sao Tome and Principe and Timor-Leste (East Timor) this year under the institutions programme of activities for 2018, with a view to strengthening relations and exploring ways of further disseminating the institution's objectives.

Forum Macau plans to make more efforts to support business people

22 March 2018
The Secretary-General of Forum Macau, Xu Yingzhen, said that in the future, more efforts will be made to enable entrepreneurs from the organisations' eight member countries to take advantage of the potential offered to them.

Mozambique is in critical situation due to excessive debt, German NGOs say

16 March 2018
Mozambique is the African country in the most critical situation in terms of excess public debt, with the worst economic indicators on the continent, according to a report prepared by German non-governmental organisations Misereor and Erlassjahr, published on Thursday.

Cabo Verde ends 2017 with 275 hotel units

16 March 2018
At the end of 2017, Cabo Verde (Cape Verde) had 275 hotel establishments in operation, 42 more than in the previous year, or an increase of 18.0%, according to the annual inventory carried out by the West African archipelago's National Statistics Institute.

Macau launches 2018 training programme for Portuguese-speaking countries’ tourism sector

14 March 2018
The 2018 training programme for government tourism officials from Portuguese-speaking countries began on Monday in Macau organised by the Macau Government Tourist Office (MGTO) in cooperation with the Permanent Office of the Forum for Economic and Trade Cooperation between China and Portuguese-speaking countries (Macau), the DST said.

Portuguese-speaking countries well positioned to benefit from China’s ‘Belt and Road’ initiative

13 March 2018
Portuguese-speaking countries are well positioned to share the economic benefits associated with the "Belt and Road" initiative announced by China, according to Clbrief (https://clbrief.com/), a news service specialising in the Portuguese-speaking world and China.

China-Lusophone Brief, a new economic relations news service

12 March 2018
The analysis of the economic and political situation of the Portuguese-speaking countries and business opportunities with China, at a time when Beijing is strongly committed to the "Belt and Road" and "Guangdong-Hong Kong-Macau Great Bay" initiatives, are the main lines of action of the new English-language news service launched on Monday and called China-Lusophone Brief (CLBrief).

Cabo Verde awards tourism merit medal to Macau entrepreneur David Chow

27 February 2018
The Cape Verdean government has awarded Macau businessman David Chow, the promoter of the Gamboa/islet of Santa Maria project, the tourism merit medal for his contribution to the country's economic development, with the distinction approved on Friday by prime minister Ulisses Correia e Silva and published on Monday in the Official Gazette.
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