Cabo Verde

Government confirms Icelandair as partner in privatisation of Cabo Verde Airlines

20 September 2018

Icelandair is the strategic partner of the Cape Verdean government for the privatisation of the Cabo Verde (Cape Verde) flagship airline, according to a Cabinet resolution published in the country's Official Gazette.

Bank of Cabo Verde awaits CGD’s request to sell a stake in a bank

18 September 2018

The Bank of Cabo Verde (Cape Verde) is waiting for Portuguese group Caixa Geral de Depósitos (CGD) to apply for authorisation to sell its stake in one of the two banks it controls in the archipelago, the governor of the central bank said on Monday in Praia.

Cabo Verde keeps fixed parity system for its currency against the euro

17 September 2018

The benefits that Cabo Verde (Cape Verde) derives from the fixed-rate regime of the Cape Verdean escudo against the euro means it is not worth joining the single currency of the Economic Community of West African States (ECOWAS), the governor of the Bank of Cabo Verde said on Friday in Praia.

China donates US$20 million to Cabo Verde for several projects

11 September 2018

China plans to donate 140 million yuan (about US$20 million) to Cabo Verde to finance projects in areas to be agreed through diplomatic channels, Prime Minister Ulisses Correia e Silva said on his Facebook page.

Angola closes embassy to the Community of Portuguese Speaking Countries

11 September 2018

The Angolan embassy to the Community of Portuguese Speaking Countries (CPLP) in Lisbon is one of eight diplomatic representations that the country plans to close by next November, the Angolan foreign minister said on Monday in Luanda.

President of China confirms willingness to cooperate with Cabo Verde

7 September 2018

Chinese President Xi Jinping told Cape Verdean Prime Minister Ulisses Correia e Silva on Thursday in Beijing that China is willing to cooperate with Cabo Verde (Cape Verde) on the basis of equal treatment for all countries, regardless of their size.

Companies from Portuguese-speaking countries participate in a forum on traditional Chinese medicine

6 September 2018

Business leaders from Portuguese-speaking countries are among the 400 professionals participating in the 2018 Traditional Medicine International Cooperation Forum (Macau) on 20 and 21 September, the event's organisers said.

Cabo Verde’s PM to raise funding in China for the Special Maritime Economy Zone of São Vicente

4 September 2018

The Cape Verdean prime minister met on Monday in Beijing with officials from the China Development Bank, "one of the largest development finance institutions in the world," wrote José Ulisses Correia e Silva on his personal Facebook account.

Cabo Verde Government launches tender to expand port on the island of Santo Antão

3 September 2018

The Cape Verdean government launched a tender to carry out studies on the port of Porto Novo, which will cover aspects related to the expansion and navigability of this port facility built in 1962, the country's deputy prime minister said on Sunday.

Cabo Verde charges a fee of US$35 on foreign travellers

16 August 2018

Passengers disembarking at airports and airfields in Cabo Verde from January 2019 on both domestic and international flights will have to pay an Airport Security Fee (TSA), according to a diploma published in the country's Official Gazette.

Cabo Verde Tradelnvest and Macao BringBuys Web Technology discuss a project in the archipelago

14 August 2018

Cabo Verde Tradelnvest and Macao BringBuys Web Technology have met in China to discuss the creation of a technology hub in Cabo Verde (Cape Verde), which includes a cloud computing centre, an offshore data centre, training institutes and company incubators, Ana Lima Barber, president of the Cape Verdean agency, told newspaper Tribuna de Macau.

China-Africa Forum to deepen cooperation between Cabo Verde and China

14 August 2018

The government of Cabo Verde (Cape Verde) hopes that the September ministerial conference in Beijing will increasingly intensify cooperation between Cabo Verde and China, especially with the creation of the Special Economic Maritime Zone in São Vicente, the Deputy Prime Minister and Minister of Finance Olavo Correia said on Monday.

Cabo Verde receives 383,000 tourists from January to June 2018

14 August 2018

Cabo Verde's (Cape Verde's) hotel establishments received 383,500 guests from January to June 2018, with more than 2.2 million overnight stays, an increase of 10% over those booked in the same period of 2017, according to the National Statistics Institute.

Cabo Verde plans to hire consultant for São Vicente cruise terminal

9 August 2018

Cabo Verde's (Cape Verde's) National Port Administration (Enapor) has launched a public tender to hire a consultancy and technical assistance services for project management and inspection of the construction and maintenance works of the São Vicente cruise terminal, the company said.

Maritime safety institute to be set up in Cabo Verde

8 August 2018

The government of Cabo Verde (Cape Verde) will "soon" create an institute whose mission will be to investigate incidents and accidents related to the sea and air and will be based in São Vicente, the Minister of Maritime Economy, Jose Gonçalves said in Leielo on Tuesday.

Public tender for inter-island transportation to proceed in Cabo Verde

7 August 2018

The international public tender for the concession of maritime inter-island transportation in Cabo Verde will go ahead, Tourism and Transportation Minister José Gonçalves guaranteed on Monday in Mindelo, adding that the government would not wait for the decision regarding a possible injunction.

Cabo Verde obtains a loan to develop private sector

7 August 2018

The African Development Bank (AfDB) has granted a 40-million-euro loan to Cabo Verde for the private sector competitiveness programme and local economic development, with half to be made available this year and the other half in 2019, the Cabo Verdean government has announced.

Government of Cabo Verde concentrates regulation in multisector agency

6 August 2018

The government of Cabo Verde (Cape Verde) has created the Multisector Regulatory Agency of the Economy, a measure that is part of a package of economic and institutional reforms for the regulation sector, through a decree-law approved on Thursday in Praia at a meeting of the Council of Ministers, according to official information.

Cabo Verde’s economy grows 3.4% in the first quarter of 2018 and 4.0% in 2017

2 August 2018

Cabo Verde's (Cape Verde's) economy registered real growth of 3.4% in the first quarter of 2018, or an increase of 20 basis points compared to the same quarter of 2017 and a decrease of 80 basis points over the previous quarter, according to official information.

Angola’s General Tax Administration guarantees introduction of VAT in 2019

1 August 2018

Value Added Tax (IVA) will replace the Consumer Tax in Angola in 2019, the coordinator of the Technical Group for the Implementation of IVA, Adilson Sequeira, said according to a report published on the website of the Angolan Ministry of Finance.

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