News from Cape Verde, Angola & Mozambique

Archive for March, 2010|Monthly archive page

Brazil Weekly, March 28th

In Uncategorized on March 28, 2010 at 11:58 am

Please be welcome to check out the new edition of  Brazil Weekly

Cape Verde news update, March 28th

In Cape Verde on March 28, 2010 at 9:56 am

POLITICS

David Hopffer Almada believes that “there is a wave, both within the PAICV and outside of it, for me to run” for President of the Republic of Cape Verde. Hopffer Almada was recently in Portuguese capital Lisbon, where he met with various association leaders and received encouragement to move forward with his candidacy (A Semana).

Minister of Infrastructures, Transportation and Telecommunications and possible presidential hopeful Manuel Inocêncio Sousa was measured in his words during a dinner aimed at encouraging him to run for president, hosted by Cape Verdeans residing in Portuguese capital Lisbon. Sousa said he was moved by this unique move on the part of the Cape Verdean community, and heard youths say that they want a head of state with a “usefully influential” term in office (A Semana).

Santa Maria residents discussed a proposal for creation of new municipality. The Action group for the Creation of the Municipality of Santa Maria (ACMSM) met with residents of the town of Santa Maria to present the reasons they believe the southern portion of the island of Sal should be turned into a separate municipality, and the explain the conditions necessary for this to happen. Businessman Gualberto do Rosário, president of tourist sector association UNOTUR and a resident of Santa Maria, believes that the move would give the local population a stronger and more personalized administration, as well as improve their quality of life and help save one of Cape Verde’s main tourist destinations (A Semana).

ECONOMY

More than 8 million euros in credit from the Kingdom of Spain will be conceded to Cape Verde to improve control and surveillance of the country’s coastal zone and to expand the Palmarejo desalinization plant in Praia by the end of the year. The islands of Boa Vista, Maio, Santiago, Fogo and Brava will receive a maritime traffic management system in order to provide greater security in the coastal zones (A Semana).

The government and the Operational Information Society Nucleus (NOSi) publicly presented the project for the construction of a technological center in Cape Verde. The center, which will function near Praia’s old airport, will feature the latest technological components and security, as well as video conferencing, a data center, voip and datacom. The center will cover the sectors of health, education and e-government and will be “a fundamental pillar in the development of the information society” (A Semana).

REAL ESTATE

The tourism real estate company Paradise Beach in Sal resumed its works, after a pause of one year, and predicts to deliver 260 houses until the end of this year, of the 830 units planned (Inforpress).

LAW ENFORCEMENT

The 24 inmates at Assomada jail were transferred to São Martinho central prison in Praia on Tuesday, March 23, because, according to the general director of penitentiary services, the establishment is no longer fit to house prisoners (A Semana).

Angola weekly news update, March 28th

In Angola on March 28, 2010 at 9:55 am

ECONOMY

Angola’s parliament has approved a law meant to support biofuel production, as the government tries to diversify the economy which currently depends on oil. Agriculture Minister Afonso Pedro Kanga noted concerns that developing biofuels could harm Angola’s efforts to revive food crops and assured that only “marginal” lands would be allowed to produce biofuels leaving the most fertile lands for food production (News24).

Angola continues to be one of the United States’ main trading partners in sub-Saharan Africa according to a study from the US Congress Research Center. The study said that in 2008 (last year analysed in the document) the overwhelming majority of US imports from the region was focused on three countries: Nigeria (44 percent), Angola (22 percent) and South Africa (12 percent) (Macauhub).

Angola will start paying off arrears to building companies in April, Urban Planning and Construction Minister Jose da Silva Ferreira said. Failure to settle the arrears, which the government said in July 2009 had reached around $2 billion, could have a negative impact on Angola’s first credit rating and the sale of up to $4 billion in bonds due to take place in coming months (Reuters).

LAW ENFORCEMENT

Seven Angolan policemen were sentenced to 24 years each in jail for the murder of eight men in a poor neighbourhood, in what analysts said was a key step forward in a drive to end widespread police brutality (Reuters).

OIL

The Democratic Republic of Congo and Angola will negotiate the management of a common zone of interest to end a dispute over offshore oil deposits, Joseph Pili Pili, the Congolese oil ministry liasion with Angola, said (Bloomberg).

CONSTRUCTION

Israeli construction company LR Group plans to build 100,000 social houses in Angola as part of the government programme to build 1 million homes by 2012 (Macauhub).

OPWAY Angola will build the first phase of the Muxima Plaza project in Luanda, representing an investment of US$34 million. OPWAY Angola is a partnership involving the Escom group and OPWAY Engenharia (Macauhub).

SHIPPING

Sea freight to import goods to Angola is quite expensive, due to the weak negotiating capacity of national importers, the director-general of the National Shipper’s Council (CNC) said. He also said that currently shipping to Angola has seen a slight drop of around 13 percent, although it remained at around US$8,000 per 20 TEU container (Macauhub).

Brazil Weekly, March 21st

In Uncategorized on March 21, 2010 at 12:49 pm

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Cape Verde news update, March 21st

In Cape Verde on March 21, 2010 at 10:58 am

POLITICS

While on the island of Santo Antão, David Hopffer Almada announced that he soon plans to publicly present his candidacy to the office of President of Cape Verde, although he has yet to receive a clear signal from the political party to which he belongs, the PAICV (A Semana).

The Brazilian Senate’s Economic Affairs Commission approved two proposals Tuesday concerning the partial pardoning of Cape Verde’s debt to Brazil (A Semana).

ECONOMY

The lifting of prohibitions on gambling in Cape Verde could help attract foreign investment, especially Chinese investment from Macau, through the construction of tourism and leisure complexes (A Semana).

The Cape Verdean government has approved two law proposals with new income tax codes, as part of the fiscal reforms implemented by the local Public Finances (Macauhub).

PORTS

Portuguese construction Somague/MSF – Moniz da Maia, Serra e Fortunato is to carry out the expansion and modernisation of the port of Sal-Rei on the island of Boavista in Cape Verde (Macauhub).

EDUCATION

The University of Cape Verde (Uni-CV) prospects “strong partnerships” with the University of Massachusetts Amherst (UMass Amherst), especially to the level of the interchange of pupils in this initial phase of the cooperation (Inforpress).

Angola news update, March 21st

In Angola on March 21, 2010 at 10:57 am

ECONOMY

Angola must take further steps to create a “sustainable” fiscal position, limit inflation and build its foreign-exchange reserves, the International Monetary Fund said (Bloomberg).

Angola’s economic indicators remained stable in 2009 with the economy growing 2.7 percent in real terms due to the expansion of the non-oil sector, according to a report approved by the Angolan government (Macauhub).

PORTS

The country has saved between 500 million to one billion US dollars, through the reduction in the time of goods clearance at the Luanda Port to about 10 to 15 days (ANGOP).

Soyo Port, in the northern Zaire Province, is increasing its investments framework in technical and administrative infrastructures to meet the economic growth demand in this region of the country (ANGOP).

OIL

Angola may request a review of its oil-production quota, the country’s Oil Minister said (Bloomberg).

BUSINESS

The internationalisation of the Portuguese  Modelo Continente supermarket chain to Angola is due to happen this year, the chairman of the Sonae group, Model’s mother company, said (Macauhub).

Edifer Angola increased its turnover in 2009 by 35 percent to US$202 million and posted a net profit of US$22 million, the chairwoman of the Edifer group, Vera Pires Coelho said (Macauhub).

Net profit at Banco Espírito (BES) Angola rose to 152 million euros in 2009, a year on year rise of 86 percent (Macauhub).

ATLANTICO

Brazilian airline Puma Air is due to begin flights to Angola next June or July.
A Boeing 767 will be used on the Recife-Luanda, Angola route,” CEO Gambogi said adding, “we will be the only Brazilian airline with flights to Africa.” As well as Brazilian investors, one of Puma’s shareholders, with 20 percent, is air carrier Angola Air Service.  Puma Air said that there 45,000 Brazilians living in Luanda, a market that is boosted by projects of Brazilian companies such as Petrobras (Macauhub).

Cape Verde news update, March 14th

In Cape Verde on March 14, 2010 at 11:22 am

POLITICS

Nearly half of the residents of Praia (48%) believe current municipal chamber president Ulisses Correia e Silva to be a better mayor than his predecessor, Felisberto Vieira, according to an Afrosondagem survey carried out in December. The survey also found that 75% of Praia resident gave a positive evaluation of Correia e Silva’s work. Among individuals with a college education, the mayor’s approval rating stood at 39% (A Semana).

Minister of Infrastructures, Transportation and Telecommunications Manuel Inocêncio Sousa will participate will travel to Portuguese capital Lisbon for a dinner scheduled to take place on March 20 in support of his possible presidential bid (A Semana).

The United States State Department report on human rights for the year 2008 says that, in general, the Cape Verdean government “respected the human rights of its citizens.” However, problems were reported in areas such as “police abuse of detainees, police impunity, poor prison conditions, lengthy pretrial detention, excessive trial delays, violence and discrimination against women, child abuse, and some instances of child labor” (A Semana).

ECONOMY

Representatives from two Indian communication technology companies, NIIT and Angelic International Limited, are visiting Cape Verde as part of the implementation of a project financed by the Indian government to produce software and business incubators in the archipelago (A Semana).

Spanish company Ramon Vizcaíno has been selected to build a cold-storage infrastructure on the island of São Vicente (A Semana).

Prime Minister José Maria Veiga announced in Mindelo, at a meeting with ship-owners and fishermen’s associations, that there are eight million dollars from the World Bank,  1 million Euros of the Spanish cooperation and a million and 146 thousand dollars of FAO to boost the fishing sector (Inforpress).

Portuguese construction group Mota-Engil plans to increase its turnover six-fold in Cape Verde over the next three years from 20 million euros at the moment to 120 million, the group’s chief executive said in Praia (Macauhub).

The placement of a bond issue by Cape Verde’s Tecnicil tourism property company has surpassed expectations, the president of the island country’s stock exchange stated (Macauhub).

TOURISM

Stays in Cape Verde’s hotel establishments rose 10.6% in 2009. Data from the National Statistics Institute (INE) reveals that most of the tourists came from the United Kingdom. English tourists were also those that spent the most time in the country. Sal continues the most visited island by foreign tourists (A Semana).

Cape Verde will make its presence felt between March 16 and 18 at Seatrade Miami, in the United States. Seatrade Miami is the world’s largest cruise-related trade fair (A Semana).

INFRASTRUCTURE

A tender has been launched to select the company that will carry out asphalting work on the São Domingos (Variante)-São Miguel road, according to Minister of Infrastructures, Transportation and Telecommunications Manuel Inocêncio Sousa (A Semana).

The government has unveiled the new and improved Cruz Grande-Calhetona road, an infrastructure that will facilitate travel between the municipalities of Santa Catarina and São Miguel, on the island of Santiago. The official ceremony was presided over by Prime Minister José Maria Neves (A Semana).

EDUCATION

The University of Santiago (US), headquartered in Assomada, made the public presentation of the first five postgraduate courses that will start in May (Inforpress).

Angola news update, March 14th

In Angola on March 14, 2010 at 11:22 am

ECONOMY

Angola’s inflation slowed to 13.66 percent year-on-year in February from 13.83 percent in January, despite a continued rise in food prices, the National Statistics Institute (INE) said (Reuters).

OIL

Angola was China’s top supplier of oil in January, overtaking Saudi Arabia at a time when Chinese oil companies are seeking to consolidate Angolan offshore positions (Macauhub).

BUSINESS

Angola’s Unitel is in the race for a slice of up to 75 percent in Zamtel of Zambia (Reuters).

Danish engineering group FLSmidth has won a five-year contract worth 154 million euros ($209 million) to operate and maintain a cement plant in Angola (Reuters).

Australian mining company Lonrho Mining plans between May and June of this year to order a unit for separation of aggregates by density for its diamond concession in Lulo, Angola (Macauhub).

Portuguese construction company Teixeira Duarte is to build the new National Assembly building in Angola, a project estimated to cost 185 million euros (Macauhub).

TOURISM

Portuguese group Ibersol has requested authorisation from the Angolan authorities to set up Ibersol Angola (Macauhub).

Cape Verde news update, March 7th

In Cape Verde on March 7, 2010 at 2:29 pm

POLITICS

The Research Institute on West Africa Regional Integration, an entity created to promote regional integration and which will be headquartered in Praia, will have an initial budget of € 37 million (A Semana).

ECONOMY

The International Development Association will loan some 500 million escudos to the Cape Verdean government for the fishing sector in an accord with the West Africa Regional Fishing Program that will permit the construction of storage facilities and the purchase of equipment (A Semana).

The 200 million-euro credit line granted by the Portuguese government to help make up for a housing deficit in cape Verde may only be used by companies in consortiums from both countries (VisaoNews).

AIR TRAVEL

Private airline Halcyonair affirms it is confounded by TACV Cabo Verde Airlines’ decision to take it to court because of a debt that Halcyonair has not only acknowledged, but that already has a payment plan agreed upon by both parties (A Semana).

Halcyonair announced that the number of flights operated by the company between Praia and São Filipe would be increased from three to five per week (A Semana).

The Minister the Internal Administration, Lívio Lopes, announced today that the scanners available to the National Commission of Weapons will be installed at strategic points in the country, together with the Customs, Enapor and airports (Inforpress).

Cape Verdean air carrier, TACV, is in July due to launch a scheduled flight linking Boa Vista and Sal to Madrid (Macauhub).

HOTELS

The Minister of Industry, Tourism and Energy, Fátima Fialho, underlined today the importance of the project of the future Hotel Excelsior, five stars, which will be built in the area of Gambôa, in Praia (Inforpress).

ENERGY

Britain is to spend £26 million building a wind farm to power the entire Cape Verde (Telegraph)

Brazil Weekly, March 7th

In Uncategorized on March 7, 2010 at 2:28 pm

Please be welcome to visit Brazil Weekly‘s latest edition.

Angola news update, March 7th

In Angola on March 7, 2010 at 2:28 pm

POLITICS

Angola lawmakers “unanimously” approved a new law that will increase transparency, prevent and punish corruption by public officials, the speaker of parliament, said (Bloomberg).

OIL

Portugal’s Galp Energia, Angola’s Sonangol and Sao Tome state company Petrogas may form a consortium for oil exploration in the Sao Tome and Principe exclusive economic zone (EEZ) (Macauhub).