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Cabo Verde

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.

Trade between China and Portuguese-speaking countries increases 3.8% from January to May

30 July 2019
The value of trade between China and Portuguese-speaking countries grew 3.8% year-on-year to US$58.836 billion between January and May 2019, according to official Chinese figures released by Forum Macau.

Pró Capital of Cabo Verde receives financial allocation

29 July 2019
Cabo Verde's Deputy Prime Minister and Finance Minister, Olavo Correia, on Monday 29 July, in Praia, will head the launch of the first capital-mounting operation of Pró Capital, according to official information.

Cabo Verde moves ahead with Special Economic Zone of Maritime Economy in São Vicente

22 July 2019
The Cape Verdean government has approved the proposal for a framework law that will allow the creation of a Special Economic Area of Maritime Economy in São Vicente, to be submitted to parliament in October, said a Council of Minister's spokesman.

Cabo Verde is the guest country of the 2019 Macau International Fair

19 July 2019
Cabo Verde will be the guest country of the 24th edition of the Macau International Trade Fair (24MIF), with the participation of Cabo Verde Trade Invest, led by Ana Lima Barber, the agency said in a statement released in Praia.

Meeting of entrepreneurs from China and Portuguese-speaking countries was positive for São Tomé and Príncipe

19 July 2019
The 14th Meeting of Entrepreneurs for Economic and Trade Cooperation between China and Portuguese-speaking Countries was positive, the director of the São Tomé and Príncipe Trade and Investment Promotion Agency (APCI) said on Thursday in São Tomé.

Cabo Verde’s economy grows 5.2% in the first quarter of 2019

19 July 2019
The greater contribution of final consumption and export expenses led to the Gross Domestic Product of Cabo Verde growing by 5.2% year-on-year in the first quarter of 2019, according to the National Statistics Institute.

Cabo Verde and São Tomé and Príncipe scrap entry visas and recognize driving licenses

18 July 2019
Foreign ministers from Cabo Verde and São Tomé and Príncipe on Wednesday in Mindelo signed agreements for mutual visa exemption and recognition of driving licenses between the two countries, the local press reported.

Fidelidade insurance group negotiates investment reinsurance services in seven countries with China Reinsurance Corp

17 July 2019
Fidelidade has signed an agreement with China Reinsurance Corp to offer reinsurance to Chinese projects and investments abroad, the Portuguese insurer said in a statement released on Monday.

Macau’s plays an effective role in the expansion of economic and business relations between China and Portuguese-speaking countries

16 July 2019
The Macau Special Administrative Region (MSAR) has been effective in its role as a platform in the expansion of economic and business relations between China and Portuguese-speaking countries, according to officials of the Macau SAR and China.

Cabo Verde Airlines takes on a credit line to finance business plan

16 July 2019
Cabo Verde Airlines has contracted a credit line with Banco Internacional de Cabo Verde and Ecobank worth US$24 million, the documents for which were signed on Friday in Praia, the local press reported.

IMF approves instrument to support Cabo Verde development programme

16 July 2019
The International Monetary Fund (IMF) has approved the Policy Coordination Instrument (PCI) for Cabo Verde to support the archipelago's strategic plan for sustainable development, according to a statement released on Monday.

Cabo Verde government wants to prevent interference in central bank budget approval

12 July 2019
The Cape Verdean government will approve a regulation that would prevent a finance minister from interfering in the approval of the operating budget of the Bank of Cabo Verde (BCV), said the current deputy prime minister and finance minister on Thursday.

Business meeting between China and Portuguese-speaking countries ends with the signing of six agreements and memoranda

11 July 2019
The meeting of businesspeople for economic and trade cooperation between China and Portuguese-speaking countries - São Tomé - 2019 ended with the signing of six agreements and memoranda, the Macau Trade and Investment Promotion Institute (IPIM) reported.

Angola signs Lusophone Compact with Portugal and African Development Bank

11 July 2019
The governments of Angola and Portugal and the African Development Bank (ADB) on Wednesday in Luanda signed the so-called Compact for Financing the Development of Portuguese-Speaking Countries in Africa (Lusophone Compact), the Angolan press reported.

Bissau organises 2020 edition of the meeting of entrepreneurs from China and Portuguese-speaking countries

10 July 2019
Bissau was the city chosen to host the 2020 edition of the Entrepreneurs' Meeting for Economic and Trade Cooperation between China and Portuguese-speaking Countries, the Guinea-Bissau delegate at Forum Macau told Macauhub.

Chief Executive restates that Belt and Road is a strategic opportunity for Macau

10 July 2019
The Macau Chief Executive said on Tuesday that the construction of the Belt and Road is a strategic opportunity that allows the territory to keep pace with international development, integrate into national development and promote its own development.

Government of Cabo Verde acquires stake in Caixa Económica due “uncertainty of Spanish businessman”

10 July 2019
The uncertainty of Spanish businessman Enrique Bañuelos de Castro forced the Cape Verdean government to acquire a 27.44% stake held by the Geocapital company in the Caixa Economica de Cabo Verde (CECV) bank, the finance minister said on Tuesday in Praia.

Prime Minister of São Tomé and Príncipe calls for investment by Chinese companies

9 July 2019
São Tome's Prime Minister called on participants in the 14th business meeting between China and Portuguese-speaking countries to invest in the archipelago, "making it a strategic and benchmark platform in the Gulf of Guinea," according to local press reports.

Cabo Verde state buys Geocapital’s stake in Caixa Económica de Cabo Verde bank

9 July 2019
The Cape Verdean state plans to acquire the shares held by Geocapital in the Caixa Económica de Cabo Verde bank, whose acquisition by International Holding Cabo Verde was approved by the central bank last May, according to an official announcement made on Monday.
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