BIOFUELS & ENERGY
The Ministry of the Environment, Rural Development and Marine Resources signed a memorandumwith Macau based company Geocapital for the creation of an international scientific investigation and technological development center dedicated to bio-fuels (A Semana).
The European Investment Bank (EIB) is “very interested” in taking part in the renewable energies project Cape Verde is carrying out, the bank’s vice president, Plutharcos Sakellaris said (Macauhub).
CABO VERDE INVESTIMENTOS
Rui Cardoso Santos, up to the present the coordinator of the Privatization Office, is the new president of investment and tourism promotion agency Cabo Verde Investimentos. The agency’s new administrative council also includes Carlos Rocha, a Bank of Cape Verde employee, and the young Eileen Barbosa, who has left Cabo Verde Development to embrace this new and challenging function (A Semana).
The governor of Cape Verde’s central bank admitted today that the country’s economy had cooled somewhat, but even so predicted that growth for 2009 would stand at approximately 5%. Inflation, which has slowed considerably in recent months, is expected to be below 2% (A Semana).
Prime Minister José Maria Neves presided over the launch of the Public Sale Offer of Cape Verde Stock Exchange-listed bonds for Cabo Verde Fast Ferry, a sea transportation company owned by Cape Verdean businessmen residing in the United States and in Cape Verde itself. The 1.5 billion-escudo Public Sale Offer is aimed at raising capital for the purchase of two high-speed passenger transportation vessels to operate in Cape Verde’s Leeward Islands (Santiago, Fogo, Brava and Maio) (A Semana).
The road connecting the villages of Calhau and Norte de Baía on the island of São Vicente will be opened on July 4, according to the director of the Department of Infrastructures, Carlos Dias. Dias expressed satisfaction with the quality of the work carried out so far by construction company Armando Cunha (A Semana).
In the struggle against drugs related crime, the National Police scored several small victories with the arrest of several persons, including a 25-year-old São Vicente native with five capsules containing 346.872 grams of cocaine in her digestive system. The woman had disembarked from a flight arriving from Fortaleza, Brazil (A Semana).