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Cabo Verde

Cabo Verde signs memorandum with the African Development Bank and Portugal

2 July 2019
On Monday Cabo Verde became the second Portuguese-speaking African country to sign the Memorandum of Understanding on the Lusophone Compact with Portugal and the African Development Bank, the archipelago's government said.

Directorate-General for Tourism replaced by the Cabo Verde Tourism Institute

2 July 2019
The new Cabo Verde Tourism Institute will have its headquarters in the city of Santa Maria, on Sal island, and the respective decree-law has been approved by the Council of Ministers, the ministerial spokesman said in Praia.

China-Portuguese-Language Fund seeks projects in São Tomé and Príncipe

1 July 2019
The China-Portuguese Cooperation and Development Fund is looking for projects in São Tomé and Príncipe, a country that reestablished diplomatic relations with China in December 2016, said the secretary general of Forum Macau.

Cabo Verde Investment Forum starts on the island of Sal

1 July 2019
The Cape Verdean island of Sal from Monday until Wednesday will host the Cabo Verde Investment Forum, a platform to facilitate business, enable partnerships and raise funds for the private sector, according to official information.

China funds Congress Centre in Cabo Verde

1 July 2019
Cabo Verde is negotiating with China on a project to build the Praia Congress Centre, costing an estimated US$15 million, the Foreign and Commonwealth Ministry said on Saturday in Praia.

14th China/Portuguese-speaking Countries Business Meeting counts over 100 delegates from China and Macau

28 June 2019
More than 100 delegates from mainland China and Macau as well as representatives from Angola, Mozambique, Cabo Verde and Portugal have so far confirmed that they will attend the 14th Business Meeting between China and the Portuguese-speaking Countries, to be held on 8-9 July, said an official from the organizers in São Tomé and Principe.

Cabo Verde intends to extend areas of cooperation with China

26 June 2019
The government of Cabo Verde intends to introduce new areas in cooperation with China, namely the economy of the sea, technologies and, among other things, tourism, "despite being already very relevant, fruitful and several decades long," wrote the deputy prime minister and finance minister on Facebook.

53 African countries attend the 1st China-Africa Economic and Trade Expo

26 June 2019
Fifty-three countries out of 54 African countries have confirmed their presence at the 1st China-Africa Economic and Trade Expo, which will be held in Changsha, capital of Hunan province, from 27-29 June, said deputy provincial governor He Baoxiang.

150 professionals from Cabo Cape Verde to undergo training this year in China

25 June 2019
One hundred and fifty professionals from Cabo Verde will visit China this year to take part in training seminars promoted by the International Training Centre and the Chinese Ministry of Trade, the Chinese ambassador to Cabo Verde said.

Angola and Cabo Verde attend the 1st China-Africa Economic and Trade Expo

24 June 2019
Angola will be represented at the 1st China-Africa Economic and Trade Expo, to be held from 27 to 29 June in Changsha, capital of China's Hunan province, with a delegation of more than 100 exhibitors, Jornal de Angola reported.

Cabo Verde’s public debt decreases in 2017/2018 but remains high

24 June 2019
Cabo Verde's public debt as a percentage of gross domestic product (GDP) declined in 2018 for the second consecutive year but "still remains high," the members of the Budget Support Group, whose first mission in 2019 took place 17-21 June, wrote in a statement.

Cabo Verde Investment Forum has 22 investment projects identified

24 June 2019
The Cabo Verde Investment Forum (CVIF19), which runs from 1 to 3 July on the island of Sal, already has 22 projects that have been identified as meeting the necessary requirements, said the coordinator of the event and chairman of the board of the Cabo Verde Stock Exchange.

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.
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