News from Cape Verde, Angola & Mozambique

Archive for January, 2013|Monthly archive page

Politics & Regional News

In Cape Verde on January 31, 2013 at 8:03 pm

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INTERNATIONAL

Prime Minister José Maria Neves will begin a six-day official visit on February 1 to Portugal, where he will meet with Portuguese authorities and with the Cape Verdean community residing in the Western European country. Among many other issues, José Maria Neves will give a master class at the School of Science and Technology of Nova Lisboa University about “Cape Verde’s Transformation Strategy and Investment Opportunities”, A  Semana reported.

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CAPE VERDE FLIGHT GUIDE WINTER 2012/2013

Welcome on Board! Check out Atlantico Weekly’s latest feature, the Cape Verde Flight Guide, with TACV Cape Verde Airlines Winter 2012-13 timetable and an overview of all flights to and from Cape Verde!

CAPE VERDE CAN!

After holding their ground against South Africa in the opening match of the Africa’s Cup soccer tournement held in South Africa (0-0), as well as against Morocco (1-1), Cape Verde’s national team, the Blue Sharks, beat Angola at 2-1 and made it to the quarter finals. Next job is to beat Ghana on February 2nd.

BEST CAPE VERDE MUSIC & BOOKS

Be welcome to check out Atlantico Weekly’s music cd and book store in cooperation with Amazon.com! Browse the Atlantico Store for the latest and best Cape Verde and Angolan music, like Cesaria Evora, Tito Paris, Lura, Nancy Vieira, Mayra Andrade, Bonga and many others…! Also use the Atlantico Store to find relevant maps, books on politics, economics and history as well as travel or tourist guides about Cape Verde and Angola. You order straight with Amazon, one of the best online stores in the world. Enjoy!

YOUR AD ON ATLANTICO WEEKLY

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SUBSCRIBE!

You can subscribe to Atlantico Weekly here. It’s free! Atlantico Weekly is now also on Facebook. Be welcome to join our group! You can follow Atlantico Weekly on Twitter at atlanticoweekly. Also be welcome to join our Atlantico Weekly networking and discussion group on Linkedin.

THE GRAND TOUR OF CAPE VERDE

Check out The Grand Tour of Cape Verde, Atlantico Weekly’s travel guide to the country’s main islands Santiago, Sal, Santo Antao, Boa Vista and Sao Vicente. Agora tambem em Portugues!

BOA VISTA

In September 2013 work will start on the construction of the Meliá White Sands, a luxury five-star hotel with 850 rooms. This will be the first of a series of six hotels to be built on Santa Mónica Beach, A Semana reported.

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 …!

Business & Economy News

In Cape Verde on January 31, 2013 at 8:02 pm

ECONOMY

The Embassy of the Kingdom of The Netherlands organizes a Business and Investment Event on the economic cooperation between Cape Verde and the Netherlands, February 5th (Hotel Tropico 14.30h) and 6th (Pont D’Agua 14.30h), in partnership with ADEI. To facilitate the creation of the partnerships and to promote the economical exchanges, the Dutch government places different aid programs at the disposal of the Cape Verde Small and Medium Enterprises (SME’s). The Matchmaking Facility (MMF). The MMF wants to facilitate the creation of a partnership between a Cape Verde and a Dutch entrepreneur. This cooperation can be based for example on a commercial relationship, on transfer of technologies or on an investment. The MMF searches for the potential Dutch partner(s) and puts both entrepreneurs into contact. The Program of Investment for the Private Sector (PSI). The PSI gives the opportunity to SME’s to realize an innovating business project which is new for the country, by reducing the risks through a financial compensation of 50% of the total investment, offered by The Netherlands. The budget to realize the project may go up to 1,5 million EURO.

Provisional data on external trade established by the National Institute of Statistics in 2012 show that exports and imports decreased by 15.4% and 12.6%, respectively, compared to 2011, while re-exports increased by 28, 6%. The trade deficit decreased by 12.4% and the coverage ratio deteriorated 0.3 percentage points. See the whole report at INE.

Cape Verde’s gross domestic product (GDP) at current prices posted growth of 6.7 percent in 2008, 2.2 percent in 2009 and 3.7 percent in 2010, the archipelago’s National Statistics Institute (INE) said.

OPINION

Our latest opinion article is a reaction to a recent piece in The Economist: Can Brazil Conquer Africa’s Booming Markets?

AGORA TAMBEM EM PORTUGUES!

O Grand Tour de Cabo Verde esta a ser traduzido em Portugues! Começamos na Ilha de Santiago e ja seguimos para a Ilha de Sao Vicente

BRAZIL WEEKLY

Be very welcome to also visit our sister publication, Brazil Weekly, with news about developments in Brazil. Check out for instance our City Briefs about the country’s most important economic centers, with lots of relevant information for business travellers…enjoy!

AVIATION

A total of 1,849,455 passengers passed through Cape Verde’s airports in 2012, a 3.7% increase over the previous year, when a total of 1,783,111 travelers were registered. Amílcar Cabral International Airport on the island of Sal remains the leader in terms of sheer numbers of passengers, followed by Praia, Boa Vista and São Vicente. Read the full article at A Semana.

The largest cargo plane in the world, the Antonov An-225, made a 24-hour stopover at Amílcar Cabral International Airport on the island of Sal this week, local press reported.

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!

With Jacqueline Sturiale, Paulino Dias, Don Xavier, Fatima Lima, Djopan Oliveira, Patone Lobo, Emanuel Spencer, Paulo Martins, Scapa and many others…

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TOURISM

Cape Verde was chosen by the U.S. agency Ethical Traveler as one of the “Top Ten Ethical Destinations” for 2013.

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Angola Business News

In Angola on January 31, 2013 at 8:00 pm

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NEWS

Evangelical churches are blooming in Angola, a traditionally devout Catholic nation, as its impoverished people turn to the promises of proselytism and Protestantism. In a country of about 19 million people, Pope Benedict XVI drew a crowd of one million faithful when he visited the former Portuguese colony in 2009, and three in five Angolans belong to the faith. But a few years later, the Church of Our Lord Jesus Christ on Earth claims at least 800 000 followers. Similarly, the Universal Church of the Kingdom of God, commonly known as IURD, counts 400 000 members. Read on at News24.

PROJECT OF THE WEEK

Render of the Edificio Kwanza residential building for Luanda.

BEST ANGOLA MUSIC & BOOKS

Be welcome to check out Atlantico Weekly’s music cd and book store in cooperation with Amazon.com! Browse the Atlantico Store for the latest and best Angolan music, like Waldemar Bastos, Bonga and many others…! Also use the Atlantico Store to find relevant maps, books on politics, economics and history as well as travel or tourist guides about Angola. You order straight with Amazon, one of the best online stores in the world. Enjoy!

ECONOMY

A staff team from the International Monetary Fund (IMF), led by Mr. Mauro Mecagni, visited Luanda from January 16 to January 29, 2013, to conduct the Second Post-Program Monitoring mission following the completion of the Stand-By Arrangement (SBA) with Angola. Some of its conclusions can be found here.

Trains on the Benguela Railroad (CFB) in Angola are scheduled to arrive in the Luau municipality, on the border with the Democratic Republic of Congo (DRC), next August, an engineer from the China Railway 20 Bureau Group Corporation said to Angop.

BANKING

Banco BPI Chief Executive Officer Fernando Ulrich said the Portuguese lender will keep a controlling stake in Banco de Fomento Angola and add branches in the African country, Bloomberg reported.

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OIL & GAS

BP said it had begun production from the PSVM development area in Block 31 offshore Angola and expects to ramp up output to around 70,000 barrels of oil per day.

Sonangol and Democratic Republic of Congo’s Cohydro plan to develop a shared offshore oil block, Congolese Oil Minister Crispin Atama said. Angola and Congo each control half the block in the so- called zone of common interest in the Atlantic Ocean off the coast of the neighboring countries and which is linked to billionaire Israeli investor Dan Gertler (Bloomberg).

TELECOMS

Telecommunications operator Unitel plans to invest 130 billion kwanzas (US$1.353 billion) in expanding its network until 2015, the director and assistant director-general of Unitel for the technical area, Amilcar Safeca said.

Politics & Regional News

In Cape Verde on January 24, 2013 at 5:08 pm

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POLITICS

President Jorge Carlos Fonseca presented the South Africans attending the opening of the Gauteng Business Lounge a portrait of a Cape Verde open to South African investment and of a country that is “a bridge between peoples and between markets of production and consumption, as well as a service hub.” Speaking before a number of business executives, President Fonseca was enthusiastic about the potentialities offered by his country, which, he said, had invested all it had and more to turn itself into a destination for investments (A Semana).

CAPE VERDE FLIGHT GUIDE WINTER 2012/2013

Welcome on Board! Check out Atlantico Weekly’s latest feature, the Cape Verde Flight Guide, with TACV Cape Verde Airlines Winter 2012-13 timetable and an overview of all flights to and from Cape Verde!

CAPE VERDE CAN!

After holding their ground against South Africa in the opening match of the CAN soccer tournement in South Africa (0-0), Cape Verde’s national team, the Blue Sharks, maintained their position also against Morocco (1-1).

BEST CAPE VERDE MUSIC & BOOKS

Be welcome to check out Atlantico Weekly’s music cd and book store in cooperation with Amazon.com! Browse the Atlantico Store for the latest and best Cape Verde and Angolan music, like Cesaria Evora, Tito Paris, Lura, Nancy Vieira, Mayra Andrade, Bonga and many others…! Also use the Atlantico Store to find relevant maps, books on politics, economics and history as well as travel or tourist guides about Cape Verde and Angola. You order straight with Amazon, one of the best online stores in the world. Enjoy!

YOUR AD ON ATLANTICO WEEKLY

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SUBSCRIBE!

You can subscribe to Atlantico Weekly here. It’s free! Atlantico Weekly is now also on Facebook. Be welcome to join our group! You can follow Atlantico Weekly on Twitter at atlanticoweekly. Also be welcome to join our Atlantico Weekly networking and discussion group on Linkedin.

THE GRAND TOUR OF CAPE VERDE

Check out The Grand Tour of Cape Verde, Atlantico Weekly’s travel guide to the country’s main islands Santiago, Sal, Santo Antao, Boa Vista and Sao Vicente. Agora tambem em Portugues!

BOA VISTA

The inquiry commission that evaluated the causes of the collapse of the bridge of Ribeira d’Água in Boa Vista said the Portuguese construction company MSF was responsible.

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 …!

Business & Economy News

In Cape Verde on January 24, 2013 at 5:00 pm

OPINION

Our latest opinion article is a reaction to a recent piece in The Economist: Can Brazil Conquer Africa’s Booming Markets?

AGORA TAMBEM EM PORTUGUES!

O Grand Tour de Cabo Verde esta a ser traduzido em Portugues! Começamos na Ilha de Santiago e ja seguimos para a Ilha de Sao Vicente

BRAZIL WEEKLY

Be very welcome to also visit our sister publication, Brazil Weekly, with news about developments in Brazil. Check out for instance our City Briefs about the country’s most important economic centers, with lots of relevant information for business travellers…enjoy!

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!

With Jacqueline Sturiale, Paulino Dias, Don Xavier, Fatima Lima, Djopan Oliveira, Patone Lobo, Emanuel Spencer, Paulo Martins, Scapa and many others…

SUBSCRIBE!

You can subscribe to Atlantico Weekly here. It’s free!

Atlantico Weekly is now also on Facebook. Be welcome to join our group!

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Angola Business News

In Angola on January 24, 2013 at 4:55 pm

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NEWS

Local authorities in Luanda are building new markets on the city’s outskirts to end street vending in the capital, Angop reported. New markets now nearing completion will offer comfort and security to vendors and buyers.

PROJECT OF THE WEEK

Render of the Radisson hotel for Luanda, currently under construction.

BEST ANGOLA MUSIC & BOOKS

Be welcome to check out Atlantico Weekly’s music cd and book store in cooperation with Amazon.com! Browse the Atlantico Store for the latest and best Angolan music, like Waldemar Bastos, Bonga and many others…! Also use the Atlantico Store to find relevant maps, books on politics, economics and history as well as travel or tourist guides about Angola. You order straight with Amazon, one of the best online stores in the world. Enjoy!

ECONOMY

Four private investment contracts worth US$144.7 million have been signed at the National Private Investment Agency (ANIP), Angop reported. The four contracts cover investment in the industry, construction and service sectors by the companies Topack Industries (Mauritius), Anhui Construction Engineering Group (China), Oasis Alamane (Pakistan and Mauritania) and Aggreko (Scotland) and would create 430 jobs and help transfer technologies and train national personnel.

MINING

Escom Investimentos e Participacoes SA, an Angolan company with interests from mining to property, plans to start output from a diamond deposit in May, company President Helder Bataglia said. The Tchegi alluvial site will produce, together with Escom’s existing Luo kimberlite mine, a total of about 35,000 carats a month by the end of the year, Bloomberg reported.

De Beers, the world’s biggest diamond producer, said it’s confident of finding a gem deposit in Angola that will allow it to more than recoup the $250 million it has spent on exploration, Bloomberg reported.

Political & Regional News

In Cape Verde on January 17, 2013 at 4:30 pm

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POLITICS

The President of Cape Verde, Jorge Carlos Fonseca, said that Cape Verde support the international military offensive underway in Mali, indicating that the situation is “worrisome” because the presence of terrorist groups put in danger the stability in West Africa (Inforpress).

CAPE VERDE FLIGHT GUIDE WINTER 2012/2013

Welcome on Board! Check out Atlantico Weekly’s latest feature, the Cape Verde Flight Guide, with TACV Cape Verde Airlines Winter 2012-13 timetable and an overview of all flights to and from Cape Verde!

BEST CAPE VERDE MUSIC & BOOKS

Be welcome to check out Atlantico Weekly’s music cd and book store in cooperation with Amazon.com! Browse the Atlantico Store for the latest and best Cape Verde and Angolan music, like Cesaria Evora, Tito Paris, Lura, Nancy Vieira, Mayra Andrade, Bonga and many others…! Also use the Atlantico Store to find relevant maps, books on politics, economics and history as well as travel or tourist guides about Cape Verde and Angola. You order straight with Amazon, one of the best online stores in the world. Enjoy!

YOUR AD ON ATLANTICO WEEKLY

It is now possible to place your ads on Atlantico Weekly. Write us for the options.

SUBSCRIBE!

You can subscribe to Atlantico Weekly here. It’s free!

Atlantico Weekly is now also on Facebook. Be welcome to join our group!

You can follow Atlantico Weekly on Twitter at atlanticoweekly.

Also be welcome to join our Atlantico Weekly networking and discussion group on Linkedin.

THE GRAND TOUR OF CAPE VERDE

Check out The Grand Tour of Cape Verde, Atlantico Weekly’s travel guide to the country’s main islands Santiago, Sal, Santo Antao, Boa Vista and Sao Vicente. Agora tambem em Portugues!

BOA VISTA

Ten companies operating on Boa Vista have been identified as the municipal chamber’s biggest debtors, owing a total more than 156 million escudos in property taxes. The funds from these taxes are needed for future investments in infrastructures and social programs on Boa Vista, A Semana reported.

SANTO ANTAO

The port of Porto Novo, the gateway to Santo Antão, saw no less than 2,973 tourists on ten different cruise ships disembark between February and November of 2012, the Cape Verde press reported.

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 …!

SAL

SOS Tartarugas reports on a great 2012. The year was very successful and the project made good progress, but, there are of course, always more challenges on the horizon.

SANTIAGO

Reconstruction and expansion work on the new São Miguel municipal market, in Calheta de São Miguel,  a municipality of 16,000 inhabitants on Santiago Island, will begin before the end of January, A Semana reported.

Business & Economy News

In Cape Verde on January 17, 2013 at 4:29 pm

ECONOMY

Cape Verde achieved a 65th place in terms of economic freedom in the yearly list set up by the Heritage Foundation, rising one place from last year’s 66th position in the index, ahead of Portugal and other developed nations.

Though local entrepreneurs still regard the economic climate in Cape Verde as unfavorable at the moment, the construction sector has expressed more confidence in the last report of Cape Verde’s Statistics Agency, INE.

In December 2012, the annual rate of change recorded by the CPI was 4.1%, up 0.3 % from the figure recorded in the previous month. The average inflation rate in 2012 was 2.5% (INE).

The BCV, Cape Verde’s central bank has now published its full report on 2011. The year 2011 was marked by a reversal of the trend of global economic recovery from the severe financial and economic crisis, which started in 2008 (BCV).

OPINION

Our latest opinion article is a reaction to a recent piece in The Economist: Can Brazil Conquer Africa’s Booming Markets?

AGORA TAMBEM EM PORTUGUES!

O Grand Tour de Cabo Verde esta a ser traduzido em Portugues! Começamos na Ilha de Santiago e ja seguimos para a Ilha de Sao Vicente

BRAZIL WEEKLY

Be very welcome to also visit our sister publication, Brazil Weekly, with news about developments in Brazil. Check out for instance our City Briefs about the country’s most important economic centers, with lots of relevant information for business travellers…enjoy!

AGRI ETC.

The Agricultural Product Inspection and Packing Center or CIPA on Santo Antão finally opened its doors and immediately sent more than one thousand kilos of vegetables and fruits to two hotel units on the islands of Sal and Boa Vista, A Semana reported.

AVIATION

A Semana reported that TACV is studying the possibility of using the airport of Beja in the Portuguese Alentejo region as a hub for its flights into Europe. TACV’s new 737’s could use the airport as a refuelling point and to pick up passengers from other flights. For the summer of 2013 some flights between Sal and Beja are already in the pipeline.

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!

With Jacqueline Sturiale, Paulino Dias, Don Xavier, Fatima Lima, Djopan Oliveira, Patone Lobo, Emanuel Spencer, Paulo Martins, Scapa and many others…

FINANCE

A new bank was founded in Cape Verde, with its headoffice in Praia: the Banco Sul Atlântico I.F.I.

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Angola Business News

In Angola on January 17, 2013 at 4:28 pm

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NEWS

Angola granted more than 116 visas a day to Chinese citizens in the last six months of 2012, the vast majority linked to Chinese investment into the country, ANGOP reported. A total of 21 225 visas were granted to Chinese citizens in the last six months, amid a flood of investment into the country’s energy and other sectors.

Angola in 2012 ranked 158th among the 177 countries and territories in the Index of Economic Freedom and 40th among the 46 sub-Saharan African countries, The Heritage Foundation concluded.

PROJECT OF THE WEEK

Render of the Mediateca project for Luanda.

BEST ANGOLA MUSIC & BOOKS

Be welcome to check out Atlantico Weekly’s music cd and book store in cooperation with Amazon.com! Browse the Atlantico Store for the latest and best Angolan music, like Waldemar Bastos, Bonga and many others…! Also use the Atlantico Store to find relevant maps, books on politics, economics and history as well as travel or tourist guides about Angola. You order straight with Amazon, one of the best online stores in the world. Enjoy!

ECONOMY

The balance of trade between China and Angola from January to November 2012 reached a record amount of Akz 3.5 trillion, ANGOP reported.

The Angolan government current accounts will record an Akz 405,4 billion deficit, which will be the country’s first negative balance since 2009, ANGOP reported.

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AVIATION

TAAG carried around 1.1 million passengers in 2012, which represents growth of 11 percent against the number of passengers seen in 2011, the Angolan press reported. The company’s revenues in 2012 exceeded US$650 million, which was a real rise of US$120 million or growth of 22.6 percent.

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BUSINESS

Angola’s National Agency for Private Investment (ANIP) signed investment contracts with a total value of 1.536 billion kwanzas (US$16 million), mentioned in this article at Macauhub.

Politics & Regional News

In Cape Verde on January 10, 2013 at 7:53 pm

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POLITICS

Former President Pedro Pires will participate in a conference at Wellesley College, in Massachusetts on January 11, where he will speak about the democratic transition in Cape Verde – considered an example for other African countries, the Cape Verde press reported.

CAPE VERDE FLIGHT GUIDE WINTER 2012/2013

Welcome on Board! Check out Atlantico Weekly’s latest feature, the Cape Verde Flight Guide, with TACV Cape Verde Airlines Winter 2012-13 timetable and an overview of all flights to and from Cape Verde!

BEST CAPE VERDE MUSIC & BOOKS

Be welcome to check out Atlantico Weekly’s music cd and book store in cooperation with Amazon.com! Browse the Atlantico Store for the latest and best Cape Verde and Angolan music, like Cesaria Evora, Tito Paris, Lura, Nancy Vieira, Mayra Andrade, Bonga and many others…! Also use the Atlantico Store to find relevant maps, books on politics, economics and history as well as travel or tourist guides about Cape Verde and Angola. You order straight with Amazon, one of the best online stores in the world. Enjoy!

CULTURE

For those interested in the developments of the Cape Verde Jewish Heritage Project should visit their website, which contains several bits of news.

YOUR AD ON ATLANTICO WEEKLY

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SUBSCRIBE!

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MAIO

The Maio Biodiversity Foundation is preparing a specific roadmap for quad bikes to protect the places defined as nature reserves.

THE GRAND TOUR OF CAPE VERDE

Check out The Grand Tour of Cape Verde, Atlantico Weekly’s travel guide to the country’s main islands Santiago, Sal, Santo Antao, Boa Vista and Sao Vicente. Agora tambem em Portugues!

SANTO ANTAO

The commander of the Porto Novo police department, Maximiliano Fortes, reassured the population of Porto Novo, ensuring that the police are “on the ground to do their job,” to stop the wave of robberies that has occurred in this municipality.

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 …!

Business & Economy News

In Cape Verde on January 10, 2013 at 7:51 pm

ECONOMY

The quarterly publication of the Economist Intelligence Unit reports that Cape Verde witnessed a slight economic slowdown in 2012 that will continue in 2013 and 2014. Nevertheless, the Economist Intelligence Unit considers Cape Verde the most stable country in Africa in economic, political and social terms.  The growth of the Cape Verdean economy slowed to 4.6% in 2012 and is set to expand 4.3% in 2013 and 4.7% in 2014.

In the coming months, Banco de Cabo Verde’s monetary policy will remain focused on stabilizing foreign reserves and, as a result, given the constraints in the currency area, the underlying monetary and financial programming expects an expansion of domestic credit consistent with the requirements to preserve conditions that support the exchange rate regime.

OPINION

Our latest opinion article is a reaction to a recent piece in The Economist: Can Brazil Conquer Africa’s Booming Markets?

AGORA TAMBEM EM PORTUGUES!

O Grand Tour de Cabo Verde esta a ser traduzido em Portugues! Começamos na Ilha de Santiago e ja seguimos para a Ilha de Sao Vicente

BRAZIL WEEKLY

Be very welcome to also visit our sister publication, Brazil Weekly, with news about developments in Brazil. Check out for instance our City Briefs about the country’s most important economic centers, with lots of relevant information for business travellers…enjoy!

AVIATION

TACV has reduced its four weekly flights to Maio Island to just two a week.

In an interview with a Dutch-Capeverdean radiostation the commercial director of Transavia low cost airline has expressed his satisfaction with the number of passengers the company trhansported between Amsterdam and Sal. Flights will halt on April 23rd, in  order to resume again in November 2013.  Transavia has not yet decided it will also fly to Sao Vicente from Amsterdam, but the company does not rule out that possibility for 2014.

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!

With Jacqueline Sturiale, Paulino Dias, Don Xavier, Fatima Lima, Djopan Oliveira, Patone Lobo, Emanuel Spencer, Paulo Martins, Scapa and many others…

FINANCE

The Cape Verde Stock Exchange (BVC) plans to begin trading public debt securities this year, Macauhub reported, who anticipates the possibility of issuing securities on the international market.

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Angola Business News

In Angola on January 10, 2013 at 7:49 pm

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NEWS

Nine former military officers from the Democratic Republic of Congo have been arrested in Angola, suspected of hatching a plot to destabilise their homeland, News24 reported.

PROJECT OF THE WEEK

Render of the TV Tower for Luanda, designed by Brazilian architect Oscar Ferreira (Skyscrapercity).

BEST ANGOLA MUSIC & BOOKS

Be welcome to check out Atlantico Weekly’s music cd and book store in cooperation with Amazon.com! Browse the Atlantico Store for the latest and best Angolan music, like Waldemar Bastos, Bonga and many others…! Also use the Atlantico Store to find relevant maps, books on politics, economics and history as well as travel or tourist guides about Angola. You order straight with Amazon, one of the best online stores in the world. Enjoy!

ADVERTISE

It is now possible to place your ads on Atlantico Weekly. Write us for the options.

SPLIT SECOND POLLS

SUBSCRIBE!

You can subscribe to Atlantico Weekly here. It’s free!

Atlantico Weekly is now also on Facebook. Be welcome to join our group!

You can follow Atlantico Weekly on Twitter at atlanticoweekly.

Also be welcome to join our Atlantico Weekly networking and discussion group on Linkedin.

OIL & GAS

Angola’s oil sector entered 2013 with a brilliant scenario in which production is close to record levels seen in 2008 due to the start of exploration of a new oil well and overcoming technical difficulties at others. In its latest report on Angola, the Economist Intelligence Unit (EIU) said that the Plutão, Saturno, Vénus and Marte (PSVM) oil field, in an initial stage and the first shipment from which is due this month, will add 150,000 barrels of oil per day to the country’s production (Macauhub).

TOURISM

The development plan for Angola’s Cabinda province for the 2013/2017 period includes construction of a tourist resort on the banks of the Luali River, ANGOP reported.

Politics & Regional News

In Cape Verde on January 3, 2013 at 5:20 pm

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CAPE VERDE FLIGHT GUIDE WINTER 2012/2013

Welcome on Board! Check out Atlantico Weekly’s latest feature, the Cape Verde Flight Guide, with TACV Cape Verde Airlines Winter 2012-13 timetable and an overview of all flights to and from Cape Verde!

BEST CAPE VERDE MUSIC & BOOKS

Be welcome to check out Atlantico Weekly’s music cd and book store in cooperation with Amazon.com! Browse the Atlantico Store for the latest and best Cape Verde and Angolan music, like Cesaria Evora, Tito Paris, Lura, Nancy Vieira, Mayra Andrade, Bonga and many others…! Also use the Atlantico Store to find relevant maps, books on politics, economics and history as well as travel or tourist guides about Cape Verde and Angola. You order straight with Amazon, one of the best online stores in the world. Enjoy!

DEFENSE & SECURITY

The transfer of the  Comando da Guarda Costeira (CGC) or Cape Verde Coast Guard Command from Praia to SaoVicente will take place in the first trimester of 2013. This branch of the Armed Forces will establish it self in the old building of Sao Pedro Airport, A Semana reported.

YOUR AD ON ATLANTICO WEEKLY

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FOGO

Render of the new City Hall for Santa Catarina de Fogo.

THE GRAND TOUR OF CAPE VERDE

Check out The Grand Tour of Cape Verde, Atlantico Weekly’s travel guide to the country’s main islands Santiago, Sal, Santo Antao, Boa Vista and Sao Vicente. Agora tambem em Portugues!

SAL

A petition was handed over to Sal City Hall that was aimed at preventing the construction of a three-pronged breakwater intended to form an artificial bay on Algodoeiro beach, in Santa Maria. The project that was put forth by the Meliá Lhana Beach Hotel is expected to have a devastating impact on the local ecosystem. Read why at the SOS Tartarugas blog.

SANTO ANTAO

The goat cheese that is produced on Santo Antao is one of the products that will be certified by the laboratory in Porto Novo, which is run by the Ministry of Rural Development (MDR).

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 …!

SANTIAGO

Praia City Hall has made some 55,000 square meters of land available for the construction of housing units in the government’s “Casa para Todos” (“A Home for All”) project. Construction of 64 housing units in the Terra Branca district has already begun, A Semana reported.

Business & Economy

In Cape Verde on January 3, 2013 at 5:19 pm

A VERY HAPPY 2013!

OPINION

Our latest opinion article is a reaction to a recent piece in The Economist: Can Brazil Conquer Africa’s Booming Markets?

AGORA TAMBEM EM PORTUGUES!

O Grand Tour de Cabo Verde esta a ser traduzido em Portugues! Começamos na Ilha de Santiago e ja seguimos para a Ilha de Sao Vicente

PROJECT OF THE WEEK

The Praia Shopping was finally inaugurated in Praia by the Calu & Angela Group, late last year. Praia Shopping boasts a supermarket, various other shops, a restaurant, swimming pool and a 3D cinema. The adjacent VIP Praia Hotel, intended for Praia’s booming business traveller market is due to be opened within months (Picture from A Semana).

BRAZIL WEEKLY

Be very welcome to also visit our sister publication, Brazil Weekly, with news about developments in Brazil. Check out for instance our City Briefs about the country’s most important economic centers, with lots of relevant information for business travellers…enjoy!

AGRI ETC.

The International Fund for Agricultural Development (IFAD) is due this year to loan Cape Verde US$26 million for the 4th phase of the National Programme to Combat Poverty (PNLP) in rural areas. Agriculture, fishing, livestock and professional training are the focus of the new programme, the international press reported.

AVIATION

On top of the recent new flights from Paris-Orly to Sao Vicente and Sal, low cost carrier Transavia also announced it intends to carry out seasonal flights from Paris-Orly to Boa Vista, between May 16th and October 24th.

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!

With Jacqueline Sturiale, Paulino Dias, Don Xavier, Fatima Lima, Djopan Oliveira, Patone Lobo, Emanuel Spencer, Paulo Martins, Scapa and many others…

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Angola Business News

In Angola on January 3, 2013 at 5:17 pm

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NEWS

The death toll from a New Year’s Eve stampede during a religious vigil at an overcrowded stadium in Luanda has risen to 16, the Angolan press reported.

Angosat, Angola’s first space satellite is now being built and should be launched in three years, the country’s secretary of state for Telecommunications and Information Technology announced.

ECONOMY

Angola’s central bank has left its benchmark interest rate unchanged at 10.25 percent for the 11th consecutive month, Reuters reported.

The resumption of the commuters and cargo train services in different  provinces, linking the cities of Kuito, Huambo, Lobito and Luena has been making significant  contributions to the socioeconomic development of the regions, such as the central Bie Province, ANGOP reported.

The resumption of the construction works of the Logistics and Distribution Centres (CLOD’s) in the provinces of Luanda and Huambo, as well as the warehouses for the collection, cleaning and analysis of products are the main actions outlined by the Trade Ministry for the year 2013, ANGOP reported.

BEST ANGOLA MUSIC & BOOKS

Be welcome to check out Atlantico Weekly’s music cd and book store in cooperation with Amazon.com! Browse the Atlantico Store for the latest and best Angolan music, like Waldemar Bastos, Bonga and many others…! Also use the Atlantico Store to find relevant maps, books on politics, economics and history as well as travel or tourist guides about Angola. You order straight with Amazon, one of the best online stores in the world. Enjoy!

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SPLIT SECOND POLLS

POWER

Huambo province will install 30 500kv solar power plants in 2013 to cover its power deficit. Proposals for the public tender to build the plants in the province’s 11 municipalities were opened last November and costs would be covered by the European Union, Macauhub reported.

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You can subscribe to Atlantico Weekly here. It’s free!

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OIL & GAS

An average 1.7 million barrels of crude oil were produced in Angola from January to November 2012, a period marked by the start of production in the Phase I of the Block 15 Kizomba Satellite Project on the country’s offshore, ANGOP reported.

Sonangol is expected in 2013 to hold a second auction of exploration licenses for the pre-salt layer in Angola, this time for onshore blocks, state news agency Angop reported. According to Angop ten blocks will be auctioned off in the Soyo Basin and five in the Kwanza Basin.