11 January 2017
11 January 2017
9 January 2017
9 January 2017
30 December 2016
The Special Exhibition of Food Products from Portuguese Speaking Countries will remain open until 30 June, 2017 in order to allow more people and traders to get to know those products, said the Macau Trade and Investment Promotion Institute (IPIM), the exhibition's organiser. The Special Exhibition of Food Products from Portuguese Speaking Countries includes a variety of wines, canned foods, processed foods, spices, coffee, tea, milk, juices and other food products especially selected from Angola, Brazil, Cabo Verde (Cape Verde), Guinea-Bissau, Mozambique, Portugal and Timor-Leste (East Timor).
29 December 2016
Luxembourg will increase its aid to Cabo Verde (Cape Verde) from 49 million euros to 52 million euros over the next five years, in addition to 10 million euros for the Budget Support Group, according to radio and TV company Radiotelevisão Caboverdiana (RTC). RTC said that those figures were announced Tuesday by the Luxembourg business attache in Cabo Verde, Angèle da Cruz, during a courtesy visit to the Minister of Finance of Cabo Verde, Olavo Correia.
28 December 2016
23 December 2016
Azores Airlines, a subsidiary of Portugal’s SATA group, will begin flying connections to Cabo Verde and Barcelona in the 2017 IATA summer season (April to October), the group’s CEO Paulo Menezes announced. The operation will use company aircraft, similar to what was done in the summer of 2016, Menezes said while presenting the summer 2017 operational plan along with new Azores Airline products.
19 December 2016
The sale of Cape Verdean shipyard company Cabnave is far from being completed, wrote Cape Verdean newspaper Expresso das Ilhas, which noted that Portuguese group ETE had made the best financial offer for the company's privatisation tender. The Portuguese group recently announced it had qualified "first in the international public tender for the privatisation of Cabnave, shipyards on the island of Sao Vicente in Cabo Verde, and the next step is financial negotiations and the final terms of the 30-year concession contract."
19 December 2016
The fourth summit of heads of government of Portugal and Cabo Verde (Cape Verde) takes place on 20 February in Praia announced last week the Cape Verdean Minister of Foreign Affairs, Luís Filipe Tavares. The minister, who was speaking to journalists in the capital, said that the documents for the summit, during which the 2016-2020 Strategic Cooperation Programme will be signed "are finalised."
16 December 2016
13 December 2016
The Prime Minister of Cabo Verde (Cape Verde), Ulisses Correia e Silva said in Paris that from January French business groups will visit the archipelago to study the possibility of investing in the country. "In the first week of next year, we will receive a visit from three or four big French companies, in the second week, we will have other companies, notably related to maritime transport," confirmed the Cape Verdean Prime Minister.
7 December 2016
The projects of the African Portuguese Speaking Countries and Timor-Leste (PALOP-TL) financed by the European Union will be finalised on Thursday and Friday during technical meetings held in Praia, the capital of Cabo Verde (Cape Verde). The ministerial meeting on Friday, which will assess the projects to be financed by the 11th European Development Fund, with the participation of the Director General for International Cooperation and Development of the European Commission, Stefano Manservisi.
1 December 2016
The economy of Cabo Verde (Cape Verde) is expected to see real growth of 3.2% this year, supported by foreign direct investment, domestic demand, agriculture and tourism, as well as a slight recovery in Europe, said the International Monetary Fund (IMF) in a report released on Wednesday in Washington. The growth forecast in 2016 is contained in the final report of the technical mission that visited Cabo Verde in October in which it forecasts that the archipelago will grow 3.7% in 2017 and 4.1% in the years 2018, 2019 and 2010.
29 November 2016
The Bolloré group plans to resume talks with the current government of Cabo Verde (Cape Verde) for the management of the archipelago's main ports on a sub-concession basis, Peter Vidicas, of Bolloré Logistics, told Cape Verdean radio station Morabeza. "Bolloré has always focused on French-speaking countries, we are now focusing on the Portuguese-speaking ones and Cabo Verde is part of our future strategy," Vidicas said on the sidelines of the Cabo Verde International Fair recently held in Praia.
28 November 2016
Cabo Verde (Cape Verde) needs, urgently, to create a Guarantee Fund for Small and Medium Enterprises (SMEs), to facilitate access to finance, said Finance Minister Olavo Correia recently. The government will also propose the creation of a sovereign fund to support large companies with access to finance in the international market, the minister said.
25 November 2016
The Bucan Construções e Imobiliária group and Cabo Verde Management have signed a contract to work with China National Complete Plant Import & Export Corporation for the construction of a hotel on the island of Santa Maria, the Cape Verdean press reported. The hotel, which will be managed by the Spanish hotel chain Barceló Hotels & Resorts, will have 1,150 rooms and will be built in two phases, the first of which will begin in April 2017 and is expected to take 24 months and cost 122 million euros.
23 November 2016
21 November 2016
18 November 2016
The number of tourists arriving in Cabo Verde (Cape Verde) in the period from January to September increased 12.9% year on year to 461,600, while the number of overnight stays increased 11.0% to 3.0 million, reported the National Statistics Institute (INE) of the archipelago. In the third quarter the number of tourists increased by 6.6% year on year to 138,000 tourists and overnight stays increased by 5.2% to more than 955,000, according to the same figures.