PROJECT OF THE WEEK

Render of part of the Calheta Bay development, to be built at Murdeira on Sal Island (source).

ECONOMY

The Bank of Cape Verde’s semester report on Monetary Policy reveals that the Cape Verdean economy has shown a slight “slowdown” in its growth rate, and predicts that the economy will continue to grow, but at a slower rate, over the next six months as well (A Semana).

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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. This week with Jacquie Conzes of SOS Tartarugas, a real warrior for Cape Verde’s wildlife!

SPLIT SECOND POLL

LOGISTICS

A mission of businesspeople and representatives of Brazilian institutions is due begin a visit to Cape Verde, which will include talks on launching a sea route between Fortaleza in the Brazilian state of Ceará, and Praia, the capital of Cape Verde. The possibility of this project becoming a reality is great according to the chairman of Ceará Trade Brasil and the Angola-Brazil Chamber of Commerce in Ceará, Roberto Marinho, who said that despite the logistics being complicated, the project could be a success (Macauhub).

TOURISM

According to the 2012 Doing Business Report published by the World Bank Group, Cape Verde has made an enormous contribution to the positive image of West Africa over recent years. This is largely due to strong growth in the Islands’ tourism sector. In 2011 in excess of 475,000 tourists visited Cape Verde, only about 100,000 shy of its native population, and by 2015 one million arrivals are envisaged (Easier.com).

Work on the Hotel Hilton Sal is due to begin soon, the chairman of Cabo Verde Investimentos, José Duarte, said. The luxury hotel, which will be located between Hotel Crioula and Djad’ Sal in Santa Maria, will be the first Hilton Group hotel in Cape Verde and Cabo Verde Investimentos is negotiating a second unit for the country’s capital (Macauhub).