News from Cape Verde, Angola & Mozambique

Cape Verde Business & Economy News

In Cape Verde on March 22, 2012 at 10:19 pm

ECONOMY

Prime Minister José Maria Neves admits that “major restructuring” is needed at TACV Cabo Verde Airlines so that the country’s flagship carrier can be made attractive for privatization. The same will have to take place at water and electricity utility Electra in order to it to provide a “good service to the country.” These two major challenges were voiced on the day in which the government presiding over Cape Verde’s eighth legislature marked the first anniversary of its swearing in, on March 21 (A Semana).

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PROJECT OF THE WEEK

Render of the Mussolini Complex for Ribeira Grande, Santo Antao. The complex consists of an appartment complex and the rebuilding of a historic building, named after the former owner´s first name (more).

AVIATION

Chief Executive Officer of private airline Halcyonair, Jorge Spencer Lima, says the Cape Verde aviation sector is “technically bankrupt.” Spencer Lima’s proposal includes the constitution of a holding company, in which current Cape Verdean flagship airline TACV Cabo Verde Airlines would operate all long-haul international flights, Halcyonair domestic and regional flights, and Cabo Verde Express domestic charter flights (A Semana).

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. For instance with Helen Hutchings and Steve Cooling of Blu bar, Santa Maria…!

TOURISM

The island of Santiago has gained a new hotel, the Hotel Cachoeira Tarrafal, located along the shore of Tarrafal bay and featuring 27 double rooms and suites (A Semana).

Another hot mid-haul market, Cape Verde entered the top ten holiday destinations for the first time. With an increase in hotels, charter flights and package holidays over the last few years, they have become a strong rival to the Canaries for those looking for a winter sun retreat (Bradenton).

  1. It is a bit outrageous to suggest that Cape Verde is a “top-ten destination” and a “strong rival” to the Canary islands. It is a claim made without a context. Who ever reads this claim should be made aware that the statement was made by Homeaway.co.uk, a holiday rental WEBSITE in the UK. Without this disclosure, the news report is highly misleading. For example, if we are talking absolutes, it might be helpful for the reader to understand that the Canary Islands receive over NINE MILLION tourists a year. This DWARFS Cape Verde’s half-million tourists per year.

    In other words, the news release with this fake news is simply this websites way of promoting itself. They are no more the leading authority on tourism statistics than I am the leading authority on brain surgery!

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