Atlantico Weekly

Cape Verde Politics & Regional News

In Cape Verde on May 24, 2012 at 5:45 pm

POLITICS

Ukraine doesn’t appear to regret the departure of former EU Ambassador José Manuel Pinto Teixeira, who has been blacklisted by the country’s Foreign Ministry for making statements falling “beyond the scope of his diplomatic functions”. Teixeira, of Portugal, publicly criticised Ukrainian President Viktor Yanukovich for failing to deliver on his pledge to improve the business climate and tackle corruption. Teixeira has now been appointed to head the EU delegation in Cape Verde, a former colony of Portugal (Euractiv).

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SPLIT SECOND POLL

DEFENSE & SECURITY

Cape Verde needs to revise its legislation on confidentiality and the preservation of personal data, affirmed Carlos Reis, the national director of the Judiciary Police during the international conference on terrorism currently taking place on the island of Sal. In Reis’ opinion, the lack of access to information places limitations on investigations aimed at preventing organized crime (A Semana).

Judiciary Police have closed the case of the ship Santo Antão after thoroughly searching the vessel’s cargo hold without finding any trace of drugs on board. The ship had been boarded by Judiciary Police inspectors, who accompanied it between the islands of Santiago and Fogo to oversee the unloading of its contents in the latter’s Vale dos Cavaleiros sea port. The expectation that there may have been cocaine hidden among the cargo, however, was dashed (A Semana).

DIASPORA

The expression ‘football family’ is part of everyday vernacular these days. However, when Guy Ramos utters the phrase in relation to the Cape Verde Islands squad of which he is a valued member, the sincerity in his voice leaves no doubt he also means it in a literal sense. This excellent team spirit appears to be the key factor in the progress made by the island nation, which has never been in a better position to secure a berth at a major international competition (AllAfrica).

THE GRAND TOUR OF CAPE VERDE

Read The Grand Tour of Cape Verde, Atlantico Weekly’s travel guide to the country’s main islands.

SAL

The representatives of the PAICV in the Sal municipal assembly have called a press conference to protest against the increase in property taxes in the municipality. The representatives, in the voice of José António Moreno, consider the increase of more than 80% “abusive and arbitrary” (A Semana).

SANTO ANTAO

Drivers on Santo Antão have begun to predict that the island’s three municipalities may be cut off from one another of a wall that fell during last year’s rains in Lombo Cruz, on the mountain road leading from Porto Novo to Ribeira Grande, is not rebuilt before the beginning of this year’s rainy season. The company hired to repair the road has affirmed that work on the fallen sections will begin in two weeks (A Semana).

Cape Verde Business & Economy News

In Cape Verde on May 24, 2012 at 5:44 pm

ECONOMY

A Semana reports that taxi prices in Sao Vicente were raised by 10% for the next 12 months (AW).

SPLIT SECOND POLL

AGRI ETC.

Portuguese non-governmental organization Monte will assist farmers from the island of Santo Antão transport and put their products on the rest of the Cape Verdean market through a project financed by the European Union to the tune of 185,000 Euros (A Semana).

AVIATION

Praia International Airport will be baptized Nelson Mandela International Airport on Friday May25th (AW)

CAPE VERDE IN 2030

Atlantico Weekly is looking ahead!

Check out our Cape Verde in 2030 with a realistic glimpse of where and how Cape Verde will look like in the next decades …!

ENTREPRENEURS OF CAPE VERDE

Check out Atlantico Weekly’s Entrepreneurs of Cape Verde, a series of short interviews with entrepreneurs in Cape Verde, both homegrown and foreign.  So far with Paulino Dias, Josephine Sturiale, Patone Lobo, Helen Hutchings and Steve Cooling, Emanuel Spencer, Djopan Oliveira, Alexandre Abade and Jacquie Cozens…

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REAL ESTATE

Belgium’s Talboom group should this July begin building the access road to the luxury real-estate/tourism complex it plans to build at Jon d’Ebra Bay. Once the road is finished, the group aims to begin construction, probably in December, of the first of the 30 luxury residences to be built on the bay’s coast. In the second phase the group plans to build 200 more residences and a hotel (A Semana).

SPLIT SECOND POLL

Atlantico Weekly’s Angola Business News

In Angola on May 24, 2012 at 5:42 pm

PROJECT OF THE WEEK

Render of the 4 star Spa Por do Sol Hotel for Huambo (Source).

POLITICS

Angola will hold general elections on August 31, only the third since independence in 1975. The head of the winning party will become president according to law (News24).

Angola’s Supreme Court has blocked the appointment of the election commission head, seen as a close ally of President Jose Eduardo dos Santos. Opposition parties, including former rebel group Unita, had challenged Susana Ingles’s position. She is a lawyer, whereas the head of the election body should be a judge (BBC).

Angola’s electoral commission later appointed Eldetrudes Costa as interim president (Bloomberg).

In the past week, preparations for the electoral process have taken some remarkable twists and turns. They might signal either a new chapter in the democratization process or the postponement of the elections or even a more complex manouevring for electoral fraud (AllAfrica).

A group of rappers in Angola known for their anti-government lyrics have been beaten up in Luanda. About 15 masked men burst into the house where they were meeting (BBC).

INTERNATIONAL

Brazil is establishing its place as a “major political and economic actor,” in Angola, Mozambique and in other African countries, with its companies investing in the same sectors as important Chinese and Indian investors, according to researcher Loro Horta (Macauhub).

ECONOMY

Fitch Ratings has revised the Outlooks on Angola’s Long-term foreign and local currency Issuer Default Ratings (IDR) to Positive from Stable and affirmed both ratings at ‘BB-’. Fitch has simultaneously affirmed Angola’s Short-term IDR at ‘B’ and Country Ceiling at ‘BB-’. “The revision of Angola’s Outlook to Positive reflects the country’s prudent economic policies which have helped re-build and strengthen public and external balance sheets (Reuters).

BUSINESS

Angola remains a “key building block” in Namibia Breweries’ export strategy despite challenges like lengthy cross-border processes, import duties and price competitiveness (AllAfrica).

The executive commission of Sonangol Investimentos Industriais (SIIND) plans by the end of this year to have 26 industrial units operating in the Luanda-Bengo Special economic Zone (ZEE), the company’s business director, Gaspar Neto said (Macauhub).

The Made in Angola programme aims to distinguish national products involving producers, consumers and workers, the Minister of State and Economic Coordination said. Manuel Domingos Vicente explained that the Made in Angola logo would be affixed to packages of commercial products and used in companies’ publicity with the goal of developing a brand image for Angolan products and services, making them identifiable for national and international consumers (Macauhub).

MINING

Businessman Arkady Gaydamak has begun a court bid to reclaim millions in unpaid commissions and dividends from “king of diamonds” Lev Leviev, in a battle over Angolan assets that could lay bare the workings of the country’s often opaque gem trade. The tussle, which has drawn in Russian rabbis and one of Angola’s top military officials, is the latest in a spate of high-profile disputes brought to London by billionaires from Russia and the former Soviet Republics (Reuters).

Angolan security forces have raped women and girls from neighbouring Democratic Republic of Congo who came to Angola’s diamond fields in search of work, Human Rights Watch charged (News24).

OIL & GAS

About ten cargoes of July loading Angolan crude have traded, traders said. At least six cargoes were sold to Unipec, the largest corporate buyer of Angola crude, and some to CNOOC (Reuters).

POWER

Regular power cuts in Luanda and across Angola will continue until 2016, Angola’s Energy and Water Minister, João Baptista Borges said (Macauhub).

SOCIAL

The Angolan journalist, Isabel João, with the weekly “Novo Jornal”, is part of the 34 finalists of CNN MultiChoice African Journalist 2012 contest, as announced this week by an independent jury panel (ANGOP).

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