News from Cape Verde, Angola & Mozambique

Archive for the ‘Cape Verde’ Category

Cape Verde Business News

In Cape Verde on January 30, 2014 at 9:01 am

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NEWS

The IMF has advised the Cape Verde government to reign in governmetn spending this year (Rotterdam Week).

WHAT IS THE BEST RESTAURANT OF CAPE VERDE 2013?

Check out the results of Atlantico Weekly’s poll on the Best Restaurant of Cape Verde in 2013.

– INTERVIEW –

Atlantico Weekly recently spoke with Cape Verde’s Prime Minister José Maria Neves about Cape Verde’s business opportunities, development strategy, privatisations, new property tax law, international relations and much more in: Islands of Sun and Freedom in a Sea of Opportunities

– ENTREVISTA –

Atlantico Weekly falou com o Primeiro-Ministro de Cabo Verde, Dr José Maria Neves, sobre as opportunidades de negócios em Cabo Verde, a stratégia de desenvolvimento, mudanças na tributação, as privatisações, as relações internacionais e muito mais em: Ilhas de Sol e Liberdade num Mar de Oportunidades

ADVERTISE NOW ON ATLANTICO WEEKLY AND GET HUGE DISCOUNTS!

Atlantico Weekly now offers huge discounts to companies wishing to promote their business on our website.

Rates for ads with picture, link and a bit of text in one of the three columns on our front page now start at only 499 Euros for a 26 weekly edition period or only 999 Euros for a 52 weekly edition period (excluding taxes and money transfer costs).

Contact us for more info and our range of other advertising and promotion offers!

ECONOMY

A venture capital fund to small and medium-sized companies is due to be launched at the “1st Summit on Innovation in Africa,” to be held on 4 and 5 February, said the chairman of Cabo Verde’s Agency for Business Development and Innovation (ADEI), which set up the fund, local press reported.

The Cape Verdean subsidiary of Angola’s Banco Angolano de Investimento (BAI) has carried out a capital increase in order to keep up with expansion of Cabo Verde’s banking market, local press reported. The capital increase was of 330 million Cape Verdean escudos, and the bank now has capital of 1.33 billion escudos (US$28.8 million).

Cabo Verde’s economic climate indicator in the fourth quarter of 2013 kicked the downward trend of previous quarters despite remaining below average for the series, the National Statistics Institute (INE) said. INE said that the economic climate indicator had worsened as compared to the same period of 2012, and the country’s economic outlook remained unfavourable.

A Chinese company has shown interest in the privatisation of Cabo Verde’s airline Transportes Aéreos de Cabo Verde (TACV), minister for finance and Planning, Cristina Duarte said. According to the local press the company might be Okay Airlines.

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!

TOURISM

A group of European travel agents Saturday visited Santa Mónica beach, on the island of Boa Vista, in Cabo Verde (Cape Verde), to see the location where the future White Sands Beach and Spa resort will be built, Cape Verdean newspaper A Semana reported. Santa Mónica, an idyllic 18-kilometre white sand beach was chosen to build the 835-room resort at the end of 2015.

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 e a Ilha de Santo Antao

SPLIT SECOND POLL

OTHER NEWS

dacampaign

Will the DA break through? South Africa’s Democratic Alliance and the 2014 elections (Rotterdam Week).

Julius Malema’s Economic Freedom Fighters have arrived. Will they succeed in capturing voters? Who will benefit from them? Check it out at Rotterdam Week.

Cape Verde Business News

In Cape Verde on January 23, 2014 at 5:22 pm

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NEWS

MpD vice-chairman Olavo Correia has accused the government of insisting on a model of economic and social development anchored in a state that operates through indebting itself and recycling public development aid – a model, he says, that has led to weak economic growth interspersed with economic recession, an increase in unemployment and an increase in the poverty rate (A Semana).

Five men of Syrian nationality, who were attempting to pass through Cape Verde using false passports after arriving on a flight from Senegalese capital Dakar, are currently being held at Nelson Mandela International Airport in Praia, and will be returned to Dakar, A Semana reported.

WHAT IS THE BEST RESTAURANT OF CAPE VERDE 2013?

Check out the results of Atlantico Weekly’s poll on the Best Restaurant of Cape Verde in 2013.

– INTERVIEW –

Atlantico Weekly recently spoke with Cape Verde’s Prime Minister José Maria Neves about Cape Verde’s business opportunities, development strategy, privatisations, new property tax law, international relations and much more in: Islands of Sun and Freedom in a Sea of Opportunities

– ENTREVISTA –

Atlantico Weekly falou com o Primeiro-Ministro de Cabo Verde, Dr José Maria Neves, sobre as opportunidades de negócios em Cabo Verde, a stratégia de desenvolvimento, mudanças na tributação, as privatisações, as relações internacionais e muito mais em: Ilhas de Sol e Liberdade num Mar de Oportunidades

ADVERTISE NOW ON ATLANTICO WEEKLY AND GET HUGE DISCOUNTS!

Atlantico Weekly now offers huge discounts to companies wishing to promote their business on our website.

Rates for ads with picture, link and a bit of text in one of the three columns on our front page now start at only 499 Euros for a 26 weekly edition period or only 999 Euros for a 52 weekly edition period (excluding taxes and money transfer costs).

Contact us for more info and our range of other advertising and promotion offers!

ECONOMY

Cape Verde remains the best-ranked among the world’s Portuguese-speaking countries on the Economic Freedom Index, coming in 60th place with 66.1 points, 2.4 more than last year. The Heritage Foundation affirms that Cape Verde has shown gains in terms of labor, business and investment freedom, as well as in terms of the management of government spending.

A delegation of Nigerian businessmen is expected to visit Cape Verde next month with a mission to familiarize themselves with the business opportunities in various sectors of the island chain. The Cape Verde press quoted the President of the Chamber of Commerce, Industry and Services of Sotavento (CCISS, french acronym), Jorge Spencer Lima, as saying that the Nigerian delegation will be made up of businessmen operating in various sectors.

The Prime Minister of Cape Verde, José Maria Neves, said that there were several parties interested in the privatisation of the country’s power production and distribution company Electra and added that the process would be concluded this year.

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!

TOURISM

The ports of Cape Verde in 2013 received over 75,000 passengers and 157 stopovers by cruise ships, the country’s port management company Enapor said.

Cape Verde is the perfect place to drop anchor for a relaxing beach holiday – pig fish and all, the Daily Mirror reports.

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 e a Ilha de Santo Antao

SPLIT SECOND POLL

OTHER NEWS

dacampaign

Will the DA break through? South Africa’s Democratic Alliance and the 2014 elections (Rotterdam Week).

A Letter from Tangier. Understanding Morroco’s Atlantic position (Rotterdam Week).

Royal HaskoningDHV achieves Level 2 Black Economic-Empowerment status in South Africa (Rotterdam Week).

Julius Malema’s Economic Freedom Fighters have arrived. Will they succeed in capturing voters? Who will benefit from them? Check it out at Rotterdam Week.

 

Cape Verde Business News

In Cape Verde on January 16, 2014 at 2:46 pm

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Are you planning on doing business in Cape Verde? Get there with

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NEWS

The Cape Verdean Ministry for Foreign Relations informed in a statement that on 28 December 2013 the European Parliament officially approved the European Commission’s proposal to improve Cabo Verde’s access to the European Union (EU) market and that the measure was put in place on 1 January 2014. The access to the SGP+ may also support the country’s integration in the international economic system. The GSP is a system designed by the United Nations Conference on Trade and Development (UNCTAD) for goods from developing nations to have privileged access to developed markets. The GSP+ is made up of a set of EU rules that allows exporters from developing nations to pay lower customs taxes on all or some of the products they sell to the EU. It provides tax-free access by several products. In 2012 the EU imported goods worth 4.9 billion euros from beneficiary countries.

WHAT IS THE BEST RESTAURANT OF CAPE VERDE 2013?

Check out the results of Atlantico Weekly’s poll on the Best Restaurant of Cape Verde in 2013.

– INTERVIEW –

Atlantico Weekly recently spoke with Cape Verde’s Prime Minister José Maria Neves about Cape Verde’s business opportunities, development strategy, privatisations, new property tax law, international relations and much more in: Islands of Sun and Freedom in a Sea of Opportunities

– ENTREVISTA –

Atlantico Weekly falou com o Primeiro-Ministro de Cabo Verde, Dr José Maria Neves, sobre as opportunidades de negócios em Cabo Verde, a stratégia de desenvolvimento, mudanças na tributação, as privatisações, as relações internacionais e muito mais em: Ilhas de Sol e Liberdade num Mar de Oportunidades

BEST CAPE VERDE MUSIC & BOOKS

mayra

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!

ADVERTISE NOW ON ATLANTICO WEEKLY AND GET HUGE DISCOUNTS!

Atlantico Weekly now offers huge discounts to companies wishing to promote their business on our website.

Rates for ads with picture, link and a bit of text in one of the three columns on our front page now start at only 499 Euros for a 26 weekly edition period or only 999 Euros for a 52 weekly edition period (excluding taxes and money transfer costs).

Contact us for more info and our range of other advertising and promotion offers!

ECONOMY

The privatisation of Cabo Verde’s flagship airline, Transportes Aéreos de Cabo Verde (TACV) and reprivatisation of water and electricity company Electra are amongst the Cape Verde government’s major priorities for 2014, Prime Minister José Maria Neves said.

Cabo Verde’s year-on-year inflation totalled 1.5 percent in 2013, which was 1 percentage point less than the 2.5 percent inflation rate in 2012, the archipelago’s National Statistics Institute (INE) said.

The Portuguese government has approved the opening by state bank Caixa Geral Depósitos (CGD) of a 30 million-euro credit line for Cape Verde. According to the ruling, the credit line has a maturity of 35 years with a 15 year grace period, and Portugal will subsidise the loan’s interest rate, which has been set at 1.37 percent a year. Cape Verde is still the highest ranked Portuguese-speaking country in the Economic Freedom Index drawn up by the US-based Heritage Foundation. The West African archipelago was ranked in 60th place with 66.1 points, or 2.4 points more than last year’s ranking.

AVIATION

International air traffic has grown at a good pace during the winter season, with an increase of 5% over the same period last year. In contrast, domestic air traffic has dropped considerably, with the latest data indicating a 16% reduction in comparison to 2012. Behind this decrease, according to airport and air security company ASA, is the weak dynamics of inter-island transportation. Until November of 2013, 1,722,000 passengers had traveled through Cape Verde’s airports, 1,081,000 of them (63%) on international flights and 641,000 (37%) on domestic flights. Low-cost charter companies originating in Europe (Portugal, the United Kingdom, Spain, France, the Netherlands, Germany) have lent unprecedented dynamics to the airports of Cape Verde’s main resort islands, Sal and Boa Vista, during this winter season, which began in October and will run until March, A Semana reported.

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!

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 e a Ilha de Santo Antao

BOA VISTA

Boa Vista is the island most sought by tourists, recording about 42.3 percent of hotel entries, ahead of the islands of Sal (34.6 percent) and Santiago (12.7 percent), the INE reported.

FOGO

Six Portuguese and Cape Verdean civil construction companies were shown the sites where the photovoltaic system for the pumping, storage and distribution of water is to implemented on the island of Fogo. The project is still in the tender phase.

SAL

Construction company SGL has been chosen to build the new Hilton Hotel on the island of Sal, which will be Cape Verde’s first five-star hotel and will include a casino. The global investment of some five billion escudos has even more added value with the weight of the world-famous Hilton brand name. The accord between SGL and Batuque SA, which has a management contract with the Hilton chain, was signed in Paris by Jacques Monnier, the CEO of the corporation promoting the project, and José da Luz, who represented the Cape Verdean construction company alongside associate Silvino Santos (A Semana).

Cape Verde Business News

In Cape Verde on December 12, 2013 at 1:36 pm

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Are you planning on doing business in Cape Verde? Get there with

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NEWS

A first ever Dutch trade mission is set to reach Cape Verde in March 2014. The mission will be organised by Dutch consultancy Atlantico Business Development of Rotterdam, a company focusing on Lusophone Africa, on behalf of the Dutch Embassy in Dakar. More information – in Dutch – can be found here.

The European Union has adopted harsher sanctions against shark finning. In Cape Verde, the practice is also prohibited, but the increase in demand for the “delicacy” on the European market is encouraging the activity in Cape Verdean waters, placing the region’s entire ecosystem in danger (A Semana).

The European Union has expressed its willingness to help Cape Verde achieve 100% renewable energy coverage by 2020, according to Prime Minister José Maria Neves (A Semana).

WHAT IS THE BEST RESTAURANT OF CAPE VERDE 2013?

Check out the results of Atlantico Weekly’s poll on the Best Restaurant of Cape Verde in 2013.

– INTERVIEW –

Atlantico Weekly recently spoke with Cape Verde’s Prime Minister José Maria Neves about Cape Verde’s business opportunities, development strategy, privatisations, new property tax law, international relations and much more in: Islands of Sun and Freedom in a Sea of Opportunities

– ENTREVISTA –

Atlantico Weekly falou com o Primeiro-Ministro de Cabo Verde, Dr José Maria Neves, sobre as opportunidades de negócios em Cabo Verde, a stratégia de desenvolvimento, mudanças na tributação, as privatisações, as relações internacionais e muito mais em: Ilhas de Sol e Liberdade num Mar de Oportunidades

BEST CAPE VERDE MUSIC & BOOKS

mayra

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!

ADVERTISE NOW ON ATLANTICO WEEKLY AND GET HUGE DISCOUNTS!

Atlantico Weekly now offers huge discounts to companies wishing to promote their business on our website.

Rates for ads with picture, link and a bit of text in one of the three columns on our front page now start at only 499 Euros for a 26 weekly edition period or only 999 Euros for a 52 weekly edition period (excluding taxes and money transfer costs).

Contact us for more info and our range of other advertising and promotion offers!

AVIATION

Cabo Verde’s aviation agency Aeroportos e Segurança Aérea (ASA) will ensure the handling services at the country’s airports as of 2014, via Ground Handling, a company that is due to be set up soon, local press reported. According to Cape Verdean weekly A Semana, this will be the first step in the privatisation of airline Transportes Aéreos de Cabo Verde (TACV), as the flagship airline currently carries out those services.

BUSINESS

Banco BIC presented its planed entry in Cape Verde, with a starting capital of 30 million euro (3.3 billion escudos). The Chairman of the Board of Directors (PCA) of BIC Cabo Verde, Fernando Teles, said the bank will enter in the Cape Verdean market after the acquisition of the old Portuguese Bank of Business (BPN). BIC, which is based in Portugal and Angola, is one of Africa’s most capitalized banks, since it has a volume of investment in Angola of about 400 million euros (44 billion escudos).

Maria Chaves wines, the result of a project elaborated by the Association for Solidarity and Development (ASDE), are being exported to the Netherlands, Italy, Germany, Portugal and France, and in the near future are also expected to be available in the United States of America. The news comes from Philippe Gardin, the manager of Cabo Intex, the company that will take the Cape Verdean wine beyond the country’s borders (A Semana).

Representatives of the state-held China Road & Bridge Corporation (CRBC) showed interest in taking part in infrastructure projects in Cape Verde. During the meeting with José Maria Neves in Praia, the CRBC representatives said that the company was also available to help gather funds to enable those infrastructure projects to go ahead. The Cape Verdean prime minister was asked to present a list of projects deemed priority by his government. The China Road & Bridge Corporation is present in at least 20 African countries, including Gabon, Republic of the Congo, Mozambique, Equatorial Guinea and Angola, local press reported.

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!

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 e a Ilha de Santo Antao

SPLIT SECOND POLLS

Cape Verde Business News

In Cape Verde on November 28, 2013 at 5:03 pm

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NEWS

Cape Verde needs the partnership of the international community to continue to develop with strategies, targets and performance indicators, and with a sense of commitment and responsibility, said Prime Minister José Maria Neves in his speech this morning in the 8th European Development Days, currently taking place in Brussels. Speaking on a panel focused on the post-2015 agenda, Neves stressed, however, that the responsibility for projecting Cape Verde, which intends to be a developed country by 2030, is first and foremost that of Cape Verdeans (A Semana).

WHAT IS THE BEST RESTAURANT OF CAPE VERDE 2013?

Check out the results of Atlantico Weekly’s poll on the Best Restaurant of Cape Verde in 2013.

– INTERVIEW –

Atlantico Weekly recently spoke with Cape Verde’s Prime Minister José Maria Neves about Cape Verde’s business opportunities, development strategy, privatisations, new property tax law, international relations and much more in: Islands of Sun and Freedom in a Sea of Opportunities

– ENTREVISTA –

Atlantico Weekly falou com o Primeiro-Ministro de Cabo Verde, Dr José Maria Neves, sobre as opportunidades de negócios em Cabo Verde, a stratégia de desenvolvimento, mudanças na tributação, as privatisações, as relações internacionais e muito mais em: Ilhas de Sol e Liberdade num Mar de Oportunidades

BEST CAPE VERDE MUSIC & BOOKS

mayra

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!

ADVERTISE NOW ON ATLANTICO WEEKLY AND GET HUGE DISCOUNTS!

Atlantico Weekly now offers huge discounts to companies wishing to promote their business on our website.

Rates for ads with picture, link and a bit of text in one of the three columns on our front page now start at only 499 Euros for a 26 weekly edition period or only 999 Euros for a 52 weekly edition period (excluding taxes and money transfer costs).

Contact us for more info and our range of other advertising and promotion offers!

ECONOMY

Some 8,000 visitors and ninety businesses and entities from Cape Verde, Italy, Brazil and Portugal were present at the 17th edition of the Cape Verde International Trade Fair (FIC), which came to a close November 24, on the island of São Vicente. Among foreign participants, Portugal had the largest number of businesses exhibiting their products – an expressive 27. The next edition of the FIC will be held next November in the city of Praia (A Semana).

AVIATION

China’s OK Airways plans to acquire a stake in Cape Verdean flagship airline Transportes Aéreos de Cabo Verde (TACV) and to operate its routes to Africa, Brazil,, Europe and the United States, according to Cape Verdean newspaper A Semana. OK Airways was founded in 2004 and started operating a year later. It is based at Tianjin airport and from there offers 20 passenger routes in China, as well as a cargo service. The airline’s current fleet is made up of seven aircraft – two 737-300s, three 737-800s and two Xian MA-60s.

TACV is also negotiating regular flights to several countries and plans to use Beja airport, as of April 2014, as a stop over, said the airline’s delegate for Portugal, Mário Almeida.

Meanwhile Binter Canarias airlines, already active on the Las Palmas-Praia route has started talks to offer domestic connections inside Cape Verde.

BUSINESS

Cabo Verde Telecom has denied responsibility for cuts in Internet service last Friday on the islands of São Vicente and Santo Antão. In a press release, the company used the words “unfounded and wrong” in characterizing the information provided by its competitor, Unitel, which over the weekend accused CV Telecom of taking too long to restore Internet service on the two islands. CV Telecom promises to take legal action (A Semana).

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 Ribeirão Integrated Community Development Association (AMI-RIBEIRAO) in Santo Antão’s Ribeira Grande valley unveiled the area’s first solar energy system, to be used to pump water for irrigation and public consumption, November 21 (A Semana).

TOURISM

National Geographic has included Cape Verde as one of its “Best Trips” for 2014. According to the publication’s editors, the end-of-the-year guide reflects that which is most “authentic, culturally rich, sustainable and, of course, superlative in the current world of travel” (A Semana).

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 e a Ilha de Santo Antao

SPLIT SECOND POLLS

Cape Verde Business News

In Cape Verde on November 21, 2013 at 1:48 pm

ADVERTISEMENT

MEET OUR CONSULTANCY

Are you planning on doing business in Cape Verde? Get there with

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more here.

NEWS

Cape Verdean President Jorge Carlos Fonsrca has accepted the changes proposed by the government at several of the country’s diplomatic representations abroad. Domingos Mascarenhas will leave his post in Angola to take the position of Cape Verdean Ambassador to Brazil. In addition, changes will also be seen at the Cape Verdean Embassy in Senegal (A Semana).

WHAT IS THE BEST RESTAURANT OF CAPE VERDE 2013?

Check out the results of Atlantico Weekly’s poll on the Best Restaurant of Cape Verde in 2013.

– INTERVIEW –

Atlantico Weekly recently spoke with Cape Verde’s Prime Minister José Maria Neves about Cape Verde’s business opportunities, development strategy, privatisations, new property tax law, international relations and much more in: Islands of Sun and Freedom in a Sea of Opportunities

– ENTREVISTA –

Atlantico Weekly falou com o Primeiro-Ministro de Cabo Verde, Dr José Maria Neves, sobre as opportunidades de negócios em Cabo Verde, a stratégia de desenvolvimento, mudanças na tributação, as privatisações, as relações internacionais e muito mais em: Ilhas de Sol e Liberdade num Mar de Oportunidades

BEST CAPE VERDE MUSIC & BOOKS

mayra

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!

ADVERTISE NOW ON ATLANTICO WEEKLY AND GET HUGE DISCOUNTS!

Atlantico Weekly now offers huge discounts to companies wishing to promote their business on our website.

Rates for ads with picture, link and a bit of text in one of the three columns on our front page now start at only 499 Euros for a 26 weekly edition period or only 999 Euros for a 52 weekly edition period (excluding taxes and money transfer costs).

Contact us for more info and our range of other advertising and promotion offers!

ECONOMY

The fishing accord between Cape Verde and the European Union is “more than satisfactory” due to the large catches that have taken places in Cape Verdean territorial waters, according to a European Commission report made public this weekend in Brussels. The EU now wants a fishing accord that will remain in effect for six years. This accord, which has been in effect since September 1, 2011, and will remain so until August 31, 2014, authorizes 28 tuna fishing vessels (16 from Spain and 12 from France) and 35 surface longliners (26 from Spain and nine from Portugal) to operate in Cape Verde’s territorial waters, A Semana reported.

BUSINESS

This year the FIC, Cape Verde’s International Fair, welcomes approximately 100 exhibitors from all economic sectors, ranging from agribusiness, general commerce and industry to services and consulting. As in previous editions of the fair, workshops and exhibitions will also be held in various business segments, including civil construction, insurance, machinery and equipment, transportation, housing, information technology and commerce and services (A Semana).

The ship Sal Rei, which ran aground in the early morning hours of October 31 after colliding with an oil tanker in Praia sea port, has been removed from the shoal where it had been resting since. A Semana Online sources have ruled out the possibility that the vessel will be able to be put back in navigating conditions, but the director of the company that owns the boat, STM Lines, guarantees that the ship will be repaired at the Cabnave shipyard in Mindelo.

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!

SAO VICENTE

Mindelo Bay on the island of São Vicente has been classified as the fifth most beautiful in the world by The Most Beautiful Bays in the World, an international association headquartered in the French city of Vannes.

TOURISM

São Vicente welcomed the “floating city” MSC Sinfonia, with 1,566 passengers on board, this Wednesday, November 20. On Friday, November 22, the cruise ship Aida Vita, with which Mindelo is already well acquainted, will call to port there with 1,262 passengers on board. The Aida, for its part, will give way on Saturday to the Minerva, which will be carrying 352 passengers, local press reported.

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 e a Ilha de Santo Antao

SPLIT SECOND POLLS

Cape Verde Business News

In Cape Verde on November 14, 2013 at 1:42 pm

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Are you planning on doing business in Cape Verde? Get there with

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more here.

NEWS

Prime Minister José Maria Neves said that Cabo Verde and Senegal are working to re-establish the Praia/Dakar maritime connection which will allow diversifying trade between the two countries. Within the framework of the Economic Community of West African States (ECOWAS), Cape Verde is working on opening a maritime line between Abidjan (Ivory Coast), Dakar and Praia in order to insert Cape Verde in the Community market.

Good governance and democracy, investment in people and economic freedoms are the three major areas where Cape Verde received positive notes of the Millennium Challenge Corporation (MCC), especially so among more than 80 countries evaluated. This is the result of the evaluation from MCC, an institution that manages funds from the program Millennium Challenge Account (MCA) published now in its annual evaluation report of the eligible countries to the programme.

WHAT IS THE BEST RESTAURANT OF CAPE VERDE 2013?

Check out the results of Atlantico Weekly’s poll on the Best Restaurant of Cape Verde in 2013.

– INTERVIEW –

Atlantico Weekly recently spoke with Cape Verde’s Prime Minister José Maria Neves about Cape Verde’s business opportunities, development strategy, privatisations, new property tax law, international relations and much more in: Islands of Sun and Freedom in a Sea of Opportunities

– ENTREVISTA –

Atlantico Weekly falou com o Primeiro-Ministro de Cabo Verde, Dr José Maria Neves, sobre as opportunidades de negócios em Cabo Verde, a stratégia de desenvolvimento, mudanças na tributação, as privatisações, as relações internacionais e muito mais em: Ilhas de Sol e Liberdade num Mar de Oportunidades

BEST CAPE VERDE MUSIC & BOOKS

mayra

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!

ADVERTISE NOW ON ATLANTICO WEEKLY AND GET HUGE DISCOUNTS!

Atlantico Weekly now offers huge discounts to companies wishing to promote their business on our website.

Rates for ads with picture, link and a bit of text in one of the three columns on our front page now start at only 499 Euros for a 26 weekly edition period or only 999 Euros for a 52 weekly edition period (excluding taxes and money transfer costs).

Contact us for more info and our range of other advertising and promotion offers!

ECONOMY

2014 will be the year when investments and all projects that are on hold should should take off again, the President of Cabo Verde Investimentos (CI), José Duarte said. José Duarte confirmed that in 2013 no investment was started. However, Cabo Verde Investmentos is “very excited” with the beginning of the projects next year, he said. At the end of this month the entire package of one-stop-shop for investors in Cabo Verde will be ready.

Cape Verde’s trade deficit fell by 9.8 percent from January to September to 39.649 billion escudos (US$475.5 million), indicate figures released by the National Statistics Institute. By economic zones, Cape Verde’s foreign trade in the third quarter was almost entirely concentrated in Europe, with a 96.5 percent share.

BUSINESS

Businesspeople from Angola and Cabo Verde (Cape Verde) by the end of the year plan to set up a Chamber of Commerce to re-launch cooperation between the two companies in business, said the president of the Sotavento Chamber of Commerce, Jorge Spencer Lima.

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!

SANTIAGO

Moura Company circulating with old and decrepit buses, A Semana reports.

SAO NICOLAU

The hydrofoil Kriola, owned by the company Cabo Verde fast Ferry, will soon begin connecting the islands of Santiago and São Nicolau. The first trips took place this week, on November 13 and 14.

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 e a Ilha de Santo Antao

SPLIT SECOND POLL

Cape Verde Business News

In Cape Verde on November 7, 2013 at 3:52 pm

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NEWS

Cape Verde and Brazil will have a new maritime connection from December. The new maritime route, which will link the port of Mucuripe, Fortaleza, capital of Ceara, to the Cape Verdean ports of Praia and Mindelo, will reduce from 45 to seven days the time of transportation of goods between the two countries.

WHAT IS THE BEST RESTAURANT OF CAPE VERDE 2013?

Check out the results of Atlantico Weekly’s poll on the Best Restaurant of Cape Verde in 2013.

– INTERVIEW –

Atlantico Weekly recently spoke with Cape Verde’s Prime Minister José Maria Neves about Cape Verde’s business opportunities, development strategy, privatisations, new property tax law, international relations and much more in: Islands of Sun and Freedom in a Sea of Opportunities

– ENTREVISTA –

Atlantico Weekly falou com o Primeiro-Ministro de Cabo Verde, Dr José Maria Neves, sobre as opportunidades de negócios em Cabo Verde, a stratégia de desenvolvimento, mudanças na tributação, as privatisações, as relações internacionais e muito mais em: Ilhas de Sol e Liberdade num Mar de Oportunidades 

BEST CAPE VERDE MUSIC & BOOKS

mayra

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!

ADVERTISE NOW ON ATLANTICO WEEKLY AND GET HUGE DISCOUNTS!

Atlantico Weekly now offers huge discounts to companies wishing to promote their business on our website.

Rates for ads with picture, link and a bit of text in one of the three columns on our front page now start at only 499 Euros for a 26 weekly edition period or only 999 Euros for a 52 weekly edition period (excluding taxes and money transfer costs).

Contact us for more info and our range of other advertising and promotion offers!

ECONOMY

Cape Verde and Brazil will have a new maritime connection from December. The new maritime route, which will link the port of Mucuripe, Fortaleza, capital of Ceara, to the Cape Verdean ports of Praia and Mindelo, will reduce from 45 to seven days the time of transportation of goods between the two countries.

The Fogo-Brava region will beginning next year have a renewable energy system for the pumping of water. The decision was made during a meeting this weekend between the company Águabrava and the mayors of the municipalities located on the two islands (A Semana).

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!

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 e a Ilha de Santo Antao

TOURISM

Cape Verde and Sao Tome and Principe are among the top 10 destinations in the world for 2014 in the category of best beaches and small islands in the new edition of the annual Guide “Best in Travel” from Lonely Planet.

SPLIT SECOND POLL

Cape Verde Business News

In Cape Verde on November 2, 2013 at 7:39 pm

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NEWS

The President of the Republic, Jorge Carlos Fonseca, traveled to Angola for a three-day state visit in the context of the strengthening of political dialogue between the two countries. The invitation was made by his Angolan counterpart, Jose Eduardo dos Santos, and the agenda contains a private meeting with the Angolan President to take stock and draw prospects of cooperation relations  between Cape Verde and Angola, and also address issues related to the African Union (AU), the Community of Portuguese-Speaking Countries (CPLP), situation in Mozambique, and Guinea-Bissau. In his opinion the partnership is multifaceted and diversified and, in the present context, should focus on areas such as economics, finance, business, transport and agriculture.

The European Commission has increased the aid it plans to provide to Cape Verde, to 55 million euros, as part of the 11th European Development fund (EDF) for the 2014-2019 period, the EU ambassador to Cape Verde announced.

WHAT IS THE BEST RESTAURANT OF CAPE VERDE 2013?

Check out the results of Atlantico Weekly’s poll on the Best Restaurant of Cape Verde in 2013.

– INTERVIEW –

Atlantico Weekly recently spoke with Cape Verde’s Prime Minister José Maria Neves about Cape Verde’s business opportunities, development strategy, privatisations, new property tax law, international relations and much more in: Islands of Sun and Freedom in a Sea of Opportunities

– ENTREVISTA –

Atlantico Weekly falou com o Primeiro-Ministro de Cabo Verde, Dr José Maria Neves, sobre as opportunidades de negócios em Cabo Verde, a stratégia de desenvolvimento, mudanças na tributação, as privatisações, as relações internacionais e muito mais em: Ilhas de Sol e Liberdade num Mar de Oportunidades 

BEST CAPE VERDE MUSIC & BOOKS

mayra

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!

ADVERTISE NOW ON ATLANTICO WEEKLY AND GET HUGE DISCOUNTS!

Atlantico Weekly now offers huge discounts to companies wishing to promote their business on our website.

Rates for ads with picture, link and a bit of text in one of the three columns on our front page now start at only 499 Euros for a 26 weekly edition period or only 999 Euros for a 52 weekly edition period (excluding taxes and money transfer costs).

Contact us for more info and our range of other advertising and promotion offers!

ECONOMY

Fitch Ratings has affirmed Cape Verde’s Long-term  foreign and local currency Issuer Default Ratings (IDR) at ‘B+’ with a Negative  Outlook. The Short-term rating has been affirmed at ‘B’ and the Country Ceiling  at ‘BB-‘ (Reuters).

Portuguese airline TAP Portugal began its operations to the island of Boa Vista last week. From now on, the company will offer two directly weekly flights from Lisbon. The airline’s Airbus 320 lands at Aristides Pereira International Airport 12:40 pm local time, making Boa Vista the fourth island in Cape Verde to be served by TAP.

Private companies involved in economic activities related to the sea are expected to take over the organisation of the next Expomar fair so that it can become an international benchmark event, said Cape Verde’s Secretary of State for Marine Resources. Secretary of State Adalberto Vieira called for the State to step back from the fair’s organisation, local press reported.

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!

SANTIAGO

Passenger and cargo ship Sal Rei ran aground late last night in a shallow zone near Santa Maria islet in Praia harbor. According to information gathered by A Semana Online at Praia sea port, the Sal Rei apparently collided with oil tanker Cipreia as it was entering the bay.

SAO VICENTE

The cruise ship Saga Saphire mad a stop in Mindelo sea port, on the Island of São Vicente. The elegant, 37.3-ton, 200-meter-long ship arrived with 703 passengers on board.

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 e a Ilha de Santo Antao

SPLIT SECOND POLLS

Cape Verde Business News

In Cape Verde on October 24, 2013 at 6:42 pm

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NEWS

The United Kingdom’s National Crime Agency will donate four semi-rigid boats to Cape Verde – two intended for the Coast Guard and two for the Maritime Police. The donation represents an important reinforcement in the maritime patrolling means at the disposal of Cape Verdean authorities (A Semana).

WHAT IS THE BEST RESTAURANT OF CAPE VERDE 2013?

Check out the results of Atlantico Weekly’s poll on the Best Restaurant of Cape Verde in 2013.

– INTERVIEW –

Atlantico Weekly recently spoke with Cape Verde’s Prime Minister José Maria Neves about Cape Verde’s business opportunities, development strategy, privatisations, new property tax law, international relations and much more in: Islands of Sun and Freedom in a Sea of Opportunities

– ENTREVISTA –

Atlantico Weekly falou com o Primeiro-Ministro de Cabo Verde, Dr José Maria Neves, sobre as opportunidades de negócios em Cabo Verde, a stratégia de desenvolvimento, mudanças na tributação, as privatisações, as relações internacionais e muito mais em: Ilhas de Sol e Liberdade num Mar de Oportunidades

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!

ADVERTISE NOW ON ATLANTICO WEEKLY AND GET HUGE DISCOUNTS!

Atlantico Weekly now offers huge discounts to companies wishing to promote their business on our website.

Rates for ads with picture, link and a bit of text in one of the three columns on our front page now start at only 499 Euros for a 26 weekly edition period or only 999 Euros for a 52 weekly edition period (excluding taxes and money transfer costs).

Contact us for more info and our range of other advertising and promotion offers!

ECONOMY

The rate of economic growth in Cape Verde continued to slow in the third quarter of this year, posting the lowest rate in the last 36 consecutive quarters – or nine years – the West African archipelago’s National Statistics Institute said.

The homologous variation rate registered by the Consumer Price Index measured by the National Statistics Institute (INE) in September was 1.1%, a 0.2 percentage point decrease over the August rate. Monthly variation between August and September was 0.4%, while the average inflation rate for the past twelve months was 2.5%, 0.1% lower than the previous month (A Semana).

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!

SANTIAGO

Minister of Tourism, Industry and Energy Humberto Brito said that by early 2014, water and electricity utility company Electra will have the capacity to provide running water 24 hours a day to the city of Praia. According to Brito, the government is preparing the water conduit pumping system to ensure quality water is provided to the city’s higher-altitude zones, which still suffer from problems related to the water distribution network (A Semana). The Cape Verdean government has secured a loan from Japan of US$165 million to install a single water distribution network on the island of Santiago, the minister said.

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 e a Ilha de Santo Antao

SPLIT SECOND POLLS

Cape Verde Business News

In Cape Verde on October 17, 2013 at 11:19 am

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NEWS

His Excellency Pedro Pires, former President of Cape Verde, has accepted his designation as UNCCD Drylands Ambassador. “Sustainable Land Management, particularly the fight against desertification, land degradation and drought are major priorities for Africa,” Pires said in his acceptance message, noting further that the mission of the UNCCD secretariat “is a source of hope for a large number of countries with regard to the support needed to put in place an effective and successful programme of action.”
Mr Pires expresses specific interest in promoting sustainable land management, particularly in the context of the global post-2015 Development Agenda (UNCCD).

Cape Verde has dropped to third place in the Ibrahim index of African Governance from 2012, which assesses factors such as education, health, security, human rights, development and economy of 52 countries. The archipelago totaled 76.7 points out of 100, against 77.2 in 2012, confirming a downward trend from the previous year in the assessment, made by the Foundation since 2006. The second place was taken by Botswana (77.6 points), while at the top of the list stands Mauritius, a country awarded with the same 82.9 points as last year.

Brazilian Minister of Defense Celso Amorim will make an official visit to Cape Verde in November, according to Cape Verdean Minister of National Defense, Jorge Tolentino, who explained that the occasion will be used to officially unveil Cape Verde’s naval mission and lend new impetus to cooperation between the two countries (A Semana).

WHAT IS THE BEST RESTAURANT OF CAPE VERDE 2013?

Check out the results of Atlantico Weekly’s poll on the Best Restaurant of Cape Verde in 2013.

– INTERVIEW –

Atlantico Weekly recently spoke with Cape Verde’s Prime Minister José Maria Neves about Cape Verde’s business opportunities, development strategy, privatisations, new property tax law, international relations and much more in: Islands of Sun and Freedom in a Sea of Opportunities

– ENTREVISTA –

Atlantico Weekly falou com o Primeiro-Ministro de Cabo Verde, Dr José Maria Neves, sobre as opportunidades de negócios em Cabo Verde, a stratégia de desenvolvimento, mudanças na tributação, as privatisações, as relações internacionais e muito mais em: Ilhas de Sol e Liberdade num Mar de Oportunidades

BEST CAPE VERDE MUSIC & BOOKS

mayra

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!

ADVERTISE NOW ON ATLANTICO WEEKLY AND GET HUGE DISCOUNTS!

Atlantico Weekly now offers huge discounts to companies wishing to promote their business on our website.

Rates for ads with picture, link and a bit of text in one of the three columns on our front page now start at only 499 Euros for a 26 weekly edition period or only 999 Euros for a 52 weekly edition period (excluding taxes and money transfer costs).

Contact us for more info and our range of other advertising and promotion offers!

ECONOMY

The Cape Verde government launched the agribusiness awards with the aim of promoting innovation and entrepreneurship in the agribusiness sector in Cape Verde, the Minister of Rural Development, Eva Ortet, announced. The awards, sponsored by the ministries of Rural Development and Youth Employment and Development of Human Resources, comprise three categories, namely innovative projects in the field of agribusiness, young farmers and enterprising women.

Preliminary data of the 4th Business Census presented by the National Institute of Statistics (INE) indicate that the number of companies in Cape Verde increased from 8,716 in 2007 to 9,736, in 2012.

A forecast included in the proposed state budget law indicates that Cape Verde’s public debt should reach 98 percent of gross domestic product in 2014, reports the Cape Verdean press.

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 Ministry of Infrastructures and the Maritime Economy signed a contract this week for the construction of a new bridge over the Ribeira d’Água, on the island of Boa Vista. The previous bridge was washed away after heavy rains. The construction of the new bridge was awarded to construction company Monte Adriano. The project will cost 370 million escudos, an amount partially financed by a 17 million-escudo donation from the Economic Community of West African States (ECOWAS).

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 e a Ilha de Santo Antao

SPLIT SECOND POLL

Cape Verde Business News

In Cape Verde on October 10, 2013 at 10:24 am

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NEWS

Colonel Abailardo Amado passed away Tuesday, October 8, in the United States of America, following a lengthy illness. Amado embarked on a military career at a very young age, having served various different functions in Cape Verde’s Armed Forces. Amado served as a Praia municipal councilman and was responsible for the area of security, civil protection and citizenship when he was diagnosed with the disease that would later claim his life.

WHAT IS THE BEST RESTAURANT OF CAPE VERDE 2013?

Check out the results of Atlantico Weekly’s poll on the Best Restaurant of Cape Verde in 2013.

– INTERVIEW –

Atlantico Weekly recently spoke with Cape Verde’s Prime Minister José Maria Neves about Cape Verde’s business opportunities, development strategy, privatisations, new property tax law, international relations and much more in: Islands of Sun and Freedom in a Sea of Opportunities

– ENTREVISTA –

Atlantico Weekly falou com o Primeiro-Ministro de Cabo Verde, Dr José Maria Neves, sobre as opportunidades de negócios em Cabo Verde, a stratégia de desenvolvimento, mudanças na tributação, as privatisações, as relações internacionais e muito mais em: Ilhas de Sol e Liberdade num Mar de Oportunidades

BEST CAPE VERDE MUSIC & BOOKS

morabezacat

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!

ADVERTISE NOW ON ATLANTICO WEEKLY AND GET HUGE DISCOUNTS!

Atlantico Weekly now offers huge discounts to companies wishing to promote their business on our website.

Rates for ads with picture, link and a bit of text in one of the three columns on our front page now start at only 499 Euros for a 26 weekly edition period or only 999 Euros for a 52 weekly edition period (excluding taxes and money transfer costs).

Contact us for more info and our range of other advertising and promotion offers!

ECONOMY

The nation’s budget for 2014 may symbolize a new stage in the country’s economic policy initiated in 2006, the focusing on the deficit which is scheduled at 7.4 percent, the Minister of Finance and Planning said. Cristina Duarte, who spoke after the delivery of the draft budget to Parliament, reported that, in terms of total revenue, 44.6 billion escudos are programmed, the running costs will be 35.5 billion escudos and investments will be at 22.3 billion escudos (Inforpress).

The amount of remittances sent to Cape Verde by Cape Verdean émigrés living abroad has grown for the second month in a row, having reached 1.353 billion escudos in July, according to provisional data from the Bank of Cape Verde. The countries from which the most expressive remittances were sent are Portugal and France, with 458,000,000 and 332,500,000 escudos, respectively (A Semana).

Workers from Caixa Económica of Cabo Verde (CECV) are considering go on strike on October 17 and 18 to claim wage increase and a productivity bonus, local press reported.

The Cape Verdean pharmaceutical company Inpharma has as one of the main challenges the conquest of the “emerging market of Equatorial Guinea”  by the end of 2015, local press reported.

The Minister of Rural Development, Eva Ortet said that despite the damages caused by rain on crops in some parts of the country everything points to a good agricultural year.

All petroleum-derived products sold in Cape Verde, with the exception of gasoline, are slightly more expensive, following a price adjustment that went into effect at midnight Monday. Butane gas saw the most significant price increase, and is now being sold at 155.20 escudos per kilogram (A Semana).

The Cape Verdean government, as of January of next year, will offer a One-Stop Office to approve foreign direct investment (FDI) projects and decision will be made within a maximum of 45 days, the chairman of Cabo Verde Investimentos said in Boston.

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!

SAO VICENTE

Since October 7, Cesária Évora International Airport on the island of São Vicente welcomes direct charter flights from Amsterdam, in the Netherlands. Tickets on the flight, which is operated by low-cost airline Transavia, a part of the Air France-KLM group, cost 22,500 escudos (approximately 200 Euros). The new flight is expected to bring advantages to the sizable Cape Verdean community in the Netherlands as well as to Mindelo residents, who will now be able to fly to Holland at low cost (A Semana).

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 e a Ilha de Santo Antao

SPLIT SECOND POLL

Cape Verde Business News

In Cape Verde on October 3, 2013 at 10:03 am

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NEWS

FIFA has announced that it rejected the appeal filed by Cape Verde following the 3-0 loss to Tunisia decreed by the world soccer governing body’s Disciplinary Committee. The entity thus upholds the initial decision, which takes Cape Verde out of the final eliminatory round for the 2014 World Cup in Brazil. Cape Verdean Soccer Federation lawyer João Diogo Manteigas, however, had already said that if FIFA rejected the appeal, he would make a final appeal to the Court of Arbitration for Sport (A Semana).

The Canary Islands Tributary Agency on Monday, September 23 presented a vessel intercepted on the high seas with 450 kilograms of cocaine on board. Police suspect that the boat was headed for Cape Verde, where, it is believed, it was to transfer the drugs to another vessel. Six individuals were arrested (A Semana).

WHAT IS THE BEST RESTAURANT OF CAPE VERDE 2013?

Check out the results of Atlantico Weekly’s poll on the Best Restaurant of Cape Verde in 2013.

– INTERVIEW –

Atlantico Weekly recently spoke with Cape Verde’s Prime Minister José Maria Neves about Cape Verde’s business opportunities, development strategy, privatisations, new property tax law, international relations and much more in: Islands of Sun and Freedom in a Sea of Opportunities

– ENTREVISTA –

Atlantico Weekly falou com o Primeiro-Ministro de Cabo Verde, Dr José Maria Neves, sobre as opportunidades de negócios em Cabo Verde, a stratégia de desenvolvimento, mudanças na tributação, as privatisações, as relações internacionais e muito mais em: Ilhas de Sol e Liberdade num Mar de Oportunidades

BEST CAPE VERDE MUSIC & BOOKS

mayra

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!

ADVERTISE NOW ON ATLANTICO WEEKLY AND GET HUGE DISCOUNTS!

Atlantico Weekly now offers huge discounts to companies wishing to promote their business on our website.

Rates for ads with picture, link and a bit of text in one of the three columns on our front page now start at only 499 Euros for a 26 weekly edition period or only 999 Euros for a 52 weekly edition period (excluding taxes and money transfer costs).

Contact us for more info and our range of other advertising and promotion offers!

ECONOMY

Economic activity in Cape Verde slowed in the first half of 2013, the island country’s central bank reported in its June financial stability bulletin. In the bulletin’s executive summary the Bank of Cape Verde indicates that the unfavourable progression of economic activity affected the private sector’s financial position and increased risk affecting the country’s financial stability.

Nevertheless, the level of confidence in the economy is “comfortable”, and the demand for the national currency is rising between 8 and 9%, despite the adverse international context and its impact on Cape Verdean economy, the Governor of the Bank of Cape Verde (BCV), Carlos Burgo, stated.

Cape Verde’s telecommunications regulator has announced that new, lower tariffs for radiocommunication services have entered into force, which should reduce prices for consumers (Telecompaper).

The President of the Chamber of Commerce, Industry and Services of Sotavento (CCISS), Jorge Spencer Lima, proposed the creation of an International Events Centre for Praia, to attract high-level international meetings. The proposal has been submitted to Prime Minister José Maria Neves, during a hearing requested by the new leadership of the CCISS, that wanted to get introduced to the head of Government and at the same time introduce new projects and discuss details of others underway, like the International Business Centre.

The President of Cabo Verde Investimentos (CI), José Armando Duarte, announced that in 2014 investments in projects in the  tourism, renewable energies, IT and fisheries sector will take place. “We are consolidating an important portfolio of investments for 2014, but a portion will begin later this year, on Sal and São Vicente”, said José Duarte, at the end of a meeting this week with the President of the Movement for Democracy (MpD), Ulisses Correia e Silva.

The African Development Bank will finance 88% of the total budget for the implementation of Cape Verde’s technological park project. The remaining 12% of the €27.2 million project will be financed by the Cape Verdean government. The financing accord was this Monday afternoon in the city of Praia.

The Cape Verdean government, through the Directorate General of the Treasury, has authorized the company Cabo Verde Fast Ferry to take out a loan from Dutch financial institution Rabobank to pay for the vessel Liberdadi. The executive argues that the financial operation is aimed at promoting the company (in which the State of Cape Verde has a 53% share) and attracting new partners (A Semana).

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

The non-governmental organization SOS Tartarugas believes it has found traces and nests on the island of Sal belonging to the green turtle, a species previously thought not to exist in Cape Verde. In its six years of activity in the country, the NGO has only come across specimens and nests of the loggerhead turtle (Caretta caretta) in the archipelago. This year, however, very different flipper prints appeared on the Fragata Coast of the island of Sal and are believed to belong to the green turtle (A Semana).

SANTO ANTAO

The villages of Tarrafal de Monte Trigo and Monte Trigo, two of the most isolated locales in the municipality of Porto Novo, on the island of Santo Antão, have seen their connection to the rest of the world improve since Saturday, when they gained mobile phone network coverage. Local residents welcomed the news with satisfaction, for many residents had long had cellular phones but were only able to use them outside of their home villages (A Semana).

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 e a Ilha de Santo Antao

TOURISM

salinas

The Oásis Atlântico Salinas Sea Resort, the first five-star unit of the Oásis Atlântico – Hotels & Resorts group, on Sal Island, has opened.  The resort is the result of a 30 million-euro investment by the Portuguese group in Cape Verde, where it already has three hotels – Oásis Atlântico Belorizonte, also on Sal Island, Oásis Atlântico Porto Grande on Sao Vicente Island and Oásis Atlântico Praiamar on Santaigo Island. The new resort has 338 rooms, several swimming pools and conference rooms, along with other facilities.

Cape Verde Business News

In Cape Verde on September 26, 2013 at 9:24 am

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NEWS

Prime Minister José Maria Neves will be in Boston, Massachusetts, on Monday, September 30, to attend a forum with the aim of promoting bilateral trade and investment on the part of American entrepreneurs in Cape Verde. The singular event, promoted by the two countries, aims to position Cape Verde as a business center for West Africa, and will serve as an opportunity for Cape Verdean business owners and investors to become more familiar with AGOA, a program created more than two decades ago by the United States government to provide African countries with tariff- and quota-free access to the US market (A Semana).

As long as they fit in with reality, clusters are a good investment for the Cape Verdean government, according to Pascal Lamy, Director-General of the World Trade Organization. As he prepared to step down from the office after two consecutive terms at the helm of the WTO, the former European Commissioner for Trade under the presidency of Romano Prodi and influential member of the French Socialist Party visited Cape Verde. While in the city of Praia, Lamy confessed his admiration for this archipelago of the Atlantic which has proved capable of overcoming structural difficulties and serves as an example of good governance in Africa (A Semana).

WHAT IS THE BEST RESTAURANT OF CAPE VERDE 2013?

Check out the results of Atlantico Weekly’s poll on the Best Restaurant of Cape Verde in 2013.

– INTERVIEW –

Atlantico Weekly recently spoke with Cape Verde’s Prime Minister José Maria Neves about Cape Verde’s business opportunities, development strategy, privatisations, new property tax law, international relations and much more in: Islands of Sun and Freedom in a Sea of Opportunities

– ENTREVISTA –

Atlantico Weekly falou com o Primeiro-Ministro de Cabo Verde, Dr José Maria Neves, sobre as opportunidades de negócios em Cabo Verde, a stratégia de desenvolvimento, mudanças na tributação, as privatisações, as relações internacionais e muito mais em: Ilhas de Sol e Liberdade num Mar de Oportunidades

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!

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ECONOMY

Ulisses Correia e Silva, the chairman of opposition party MpD, has recommended a wider-reaching approach to the business sector in Cape Verde in order to give the country an economy with the capacity to continually increase its export volume, create businesses and jobs, renew the business fabric, attract foreign investment and spur business in other sectors and services. The MpD leader, who spoke to A Semana Online following a visit to the Business Development and Innovation Agency (ADEI), said that the government’s fiscal policy should also be general and wide-reaching and much more favorable than it currently is.

The President of the Movement for Democracy (MpD – opposition party) also advocated the need to endow Cabo Verde Investimentos (CI) of “more human and budgetary resources to invest and play well its role”. Ulisses Correia e Silva said the institution needs to have all the articulation institutional conditions to operate as a one-stop shop for investors (Inforpress).

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

A fire broke out at the Santantão Art Resort Hotel in the city of Porto Novo, Santo Antão, on September 23, as a result of a short circuit. No one was injured in the blaze, A Semana reported.

SAO VICENTE

The Casa Serradas in Mindelo (São Vicente) is on the verge of bankruptcy, without replacement of the stock, with 45 workers without salaries for almost six months. The management is at a unknown location abroad for quite some time. The Union of industry, Commerce and services (SICS), which represents workers of Serradas said that this situation may lead to the insolvency of the firm (Inforpress).

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 e a Ilha de Santo Antao

Cape Verde Business News

In Cape Verde on September 19, 2013 at 9:46 am

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NEWS

FIFA announced that it is punishing Cape Verde with the loss of the three points it earned in its win against Tunisia last week and which had put the Blue Sharks in the running for final round in the African World Cup playoffs. The reason for the sanction is Fernando Varela, who did not fulfill the four-game suspension he had been given for having been given a red card in the Cape Verde-Equatorial Guinea game in Malabo earlier this year (A Semana).

WHAT IS THE BEST RESTAURANT OF CAPE VERDE 2013?

Check out the results of Atlantico Weekly’s poll on the Best Restaurant of Cape Verde in 2013.

– INTERVIEW –

Atlantico Weekly recently spoke with Cape Verde’s Prime Minister José Maria Neves about Cape Verde’s business opportunities, development strategy, privatisations, new property tax law, international relations and much more in: Islands of Sun and Freedom in a Sea of Opportunities

– ENTREVISTA –

Atlantico Weekly falou com o Primeiro-Ministro de Cabo Verde, Dr José Maria Neves, sobre as opportunidades de negócios em Cabo Verde, a stratégia de desenvolvimento, mudanças na tributação, as privatisações, as relações internacionais e muito mais em: Ilhas de Sol e Liberdade num Mar de Oportunidades

BEST CAPE VERDE MUSIC & BOOKS

mayra

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!

ADVERTISE NOW ON ATLANTICO WEEKLY AND GET HUGE DISCOUNTS!

Atlantico Weekly now offers huge discounts to companies wishing to promote their business on our website.

Rates for ads with picture, link and a bit of text in one of the three columns on our front page now start at only 499 Euros for a 26 weekly edition period or only 999 Euros for a 52 weekly edition period (excluding taxes and money transfer costs).

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ECONOMY

Cape Verde is the most competitive Portuguese-speaking African country, according to a list drawn up by the World Economic Forum in which Switzerland is ranked at number one overall, and by Mauritius, for Africa. Cape Verde remained in the same place as the previous year and was ranked 122nd out of 148 countries analysed by the WEF for the Global Competitiveness Index (GCI) 2013-2014, which ranked Portugal in 51st place and Brazil in 56th.

Cape Verde and the United States will conduct on September 30, in Boston, a business economic forum with the aim of promoting bilateral trade and investment. the Forum, which counts on the partnership of the Millennium Challenge Corporation (MCC), also aims to place Cape Verde as a business centre for West Africa for companies and investors.

WEST AFRICA: BRIGHT FUTURE?

Check out the interview with Jennifer Giroux, senior researcher for the Risk and Resilience Team at the Center for Security Studies (CSS), ETH Zurich, republished from Stratfor.

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!

FISHERIES

Fishing for sea cucumbers (Holothuroidea) in Cape Verde is due to be analysed his month as part of a meeting of the National Fishing Council, said the regional fishing director for Sao Vicente, Carlos Valdir, local press reported..

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 e a Ilha de Santo Antao

Cape Verde Business News

In Cape Verde on September 12, 2013 at 10:51 am

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NEWS

The European Parliament adopted two agreements between the European Union (EU) and Cape Verde, one to facilitate the issuance of short-stay visas and another one on readmission of persons residing without authorisation. The agreement on the issuance of visas aims to facilitate the travels of Cape Verdean citizens to the EU and the European citizens to Cape Verde, on the basis of reciprocity and shall apply to the issuing of visas for short-term stays, i.e. for a maximum of 90 days within 180 days.

Prime Minister José Maria Neves promised “zero tolerance” towards the criminal activities of organized armed groups that are operating in Cape Verde (Inforpress).

The cargo ship Rotterdam, with a crew of six aboard, has been missing on the high seas since 11:30 pm Sunday. The ship was supposed to have arrived in the port of Sal Rei, on the island of Boa Vista, at approximately 2:00 pm Monday. Maritime authorities have issued a call to all vessels traveling in Cape Verdean waters to help locate the ship (A Semana).

WHO WON BEST RESTAURANT OF CAPE VERDE 2013?

Check out the results of Atlantico Weekly’s poll on the Best Restaurant of Cape Verde in 2013.

– INTERVIEW –

Atlantico Weekly recently spoke with Cape Verde’s Prime Minister José Maria Neves about Cape Verde’s business opportunities, development strategy, privatisations, new property tax law, international relations and much more in: Islands of Sun and Freedom in a Sea of Opportunities

– ENTREVISTA –

Atlantico Weekly falou com o Primeiro-Ministro de Cabo Verde, Dr José Maria Neves, sobre as opportunidades de negócios em Cabo Verde, a stratégia de desenvolvimento, mudanças na tributação, as privatisações, as relações internacionais e muito mais em: Ilhas de Sol e Liberdade num Mar de Oportunidades

BEST CAPE VERDE MUSIC & BOOKS

manuelcandinho

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!

ADVERTISE NOW ON ATLANTICO WEEKLY AND GET HUGE DISCOUNTS!

Atlantico Weekly now offers huge discounts to companies wishing to promote their business on our website.

Rates for ads with picture, link and a bit of text in one of the three columns on our front page now start at only 499 Euros for a 26 weekly edition period or only 999 Euros for a 52 weekly edition period (excluding taxes and money transfer costs).

Contact us for more info and our range of other advertising and promotion offers!

CULTURE

Where the heart is: Maria de Barros sings the music of Cape Verde. Maria de Barros has traveled the world, but her heart is in Cape Verde. Born in Senegal and raised in Mauritania and the United States, the singer appears at the Lensic Performing Arts Center on Thursday, Sept. 12 (Santa Fé New Mexican)

ECONOMY

The proposed law that outlines the new legal framework for micro and small companies in Cape Verde includes a new labour regime reducing holidays and compensation for being fired or contracts coming to an end, newspaper Expresso das Ilhas reported.

WEST AFRICA: BRIGHT FUTURE?

Check out the interview with Jennifer Giroux, senior researcher for the Risk and Resilience Team at the Center for Security Studies (CSS), ETH Zurich, republished from Stratfor.

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!

ADVERTISEMENT


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 e a Ilha de Santo Antao

DIASPORA

Oakgrove Cape Verdean Cultural Center staff members have announced the graduation of another class from its advanced Kriolu language program. State-certified Kriolu instructor Wandra Harmsen teaches the class, and staff members say she has a unique way of making the process of learning how to read and write in Kriolu not only interesting to the students, but she also imparts the confidence to them to converse in class (Wareham).

TOURISM

The School of Hospitality and Tourism in Cape Verde (EHTCV) will receive from October 1st over 250 new students in different courses, the Chairman of the Board of Directors, Cláudia Fernandes de Brito, announced. Already enrolled are a total of 550 candidates, and the school is now in the process of interviews and other tests to define the selected (Inforpress).

Cape Verde Business News

In Cape Verde on September 5, 2013 at 11:07 am

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NEWS

The Pedro Pires Leadership Institute will be officially presented this Friday, August 30, in Praia. The organization’s main objective is to train young leaders and contribute to the consolidation of Cape Verde’s development process (A Semana).

Businessman Emanuel Spencer was found dead in his home in Praia this weekend. While the Cape Verde press is full of speculations about the circumstances of his death, we will await the results of the police inquiries before commenting.

WHO WON BEST RESTAURANT OF CAPE VERDE 2013?

Check out the results of Atlantico Weekly’s poll on the Best Restaurant of Cape Verde in 2013.

– INTERVIEW –

Atlantico Weekly recently spoke with Cape Verde’s Prime Minister José Maria Neves about Cape Verde’s business opportunities, development strategy, privatisations, new property tax law, international relations and much more in: Islands of Sun and Freedom in a Sea of Opportunities

– ENTREVISTA –

Atlantico Weekly falou com o Primeiro-Ministro de Cabo Verde, Dr José Maria Neves, sobre as opportunidades de negócios em Cabo Verde, a stratégia de desenvolvimento, mudanças na tributação, as privatisações, as relações internacionais e muito mais em: Ilhas de Sol e Liberdade num Mar de Oportunidades

BEST CAPE VERDE MUSIC & BOOKS

mayra

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!

ADVERTISE NOW ON ATLANTICO WEEKLY AND GET HUGE DISCOUNTS!

Atlantico Weekly now offers huge discounts to companies wishing to promote their business on our website.

Rates for ads with picture, link and a bit of text in one of the three columns on our front page now start at only 499 Euros for a 26 weekly edition period or only 999 Euros for a 52 weekly edition period (excluding taxes and money transfer costs).

Contact us for more info and our range of other advertising and promotion offers!

ECONOMY

The second edition of the trade fair of sea-related economic activities, Expomar Cabo Verde, will take place for the second time in the city of Mindelo, on the island of São Vicente, between October 25 and 27. This year, the fair will take on an international dimension with participants from Spain and Portugal (A Semana).

The Ministry of Rural Development says that, despite the late arrival of rains this year, prospects for this year’s harvest are good.

Cape Verde’s mobile telephone service posted growth of 9.6 percent year on year in the first half of 2013 with over 457,000 subscribers in a country with a population of 505,000, according to figures from the National Communications Agency (ANAC).

AVIATION

The rain that fell on the nation’s capital on Sunday may have brought joy to many Praia residents, but not to the passengers with flights scheduled for this morning at Praia’s Nelson Mandela International Airport. The airport’s drainage system failed to withstand the force of the rainfall, and the airport terminal completely flooded. Airport operations were in utter chaos, A Semana reported.

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!

ADVERTISEMENT


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 e a Ilha de Santo Antao

SAL

The Directorate General of the Environment is against holding this year’s edition of the Santa Maria music festivals on Ponta Preta beach, which is located inside the Ponta do Sinó nature reserve, a part of Cape Verde’s National Network of Protected Areas. The ruling has been signed by the director general of the Environment, Moisés Espírito Santo Borges, A Semana reported.

The Safe Tourism project that began to be implemented on the island of Sal in 2011 has been a success. According to a National Police report, so far this year not a single case of robberies or muggings of tourists has been registered on the island’s beaches or desert areas. The number of cases of thefts in hotels and closed condominiums, however, has risen, A Semana reported.

TOURISM

The number of tourist in Cape Verde declined by 3% in the second trimester of 2013, comapred to the same period last year. However, hotel nights went up by 3,6% in the same period. The United Kingdom was the biggest supplier of tourists. Boa Vista Island took the biggest slice with 48,4% of all hotel nights spent by foreign tourists.

Cape Verde Business News

In Cape Verde on August 29, 2013 at 10:04 am

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NEWS

The University of São Paulo, one of Brazil’s most prestigious universities, had issued a communiqué affirming that it will investigate an alleged case of racism against Cape Verdean student Wadmir Abreu Alves Barros at one of the institution’s sports facilities, A Semana reported.

The number of Chinese doctors to Cape Verde will increase in the next three years, Cape Verde’s Health Minister Christina Fontes said. The minister was giving an assessment of the five-day visit to China where she participated in a Sino-African ministerial forum on health with a theme of “The Priorities for Sino-African Cooperation in the Health Sector in the New Era” (People Daily).

The state appeals court has ruled that a Cape Verdean immigrant who admitted to an assault charge in Brockton District Court will be allowed to change his plea in an attempt to return to the United States (Patriot Ledger).

INTERVIEW –

Atlantico Weekly recently spoke with Cape Verde’s Prime Minister José Maria Neves about Cape Verde’s business opportunities, development strategy, privatisations, new property tax law, international relations and much more in: Islands of Sun and Freedom in a Sea of Opportunities

– ENTREVISTA –

Atlantico Weekly falou com o Primeiro-Ministro de Cabo Verde, Dr José Maria Neves, sobre as opportunidades de negócios em Cabo Verde, a stratégia de desenvolvimento, mudanças na tributação, as privatisações, as relações internacionais e muito mais em: Ilhas de Sol e Liberdade num Mar de Oportunidades

VOTE NOW

FOR

BEST RESTAURANT OF CAPE VERDE 2013!

Participate in this year’s poll! Vote for your candidates for Best Restaurant of Cape Verde in 2013.

BEST CAPE VERDE MUSIC & BOOKS

morabezacat

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!

ADVERTISE NOW ON ATLANTICO WEEKLY AND GET HUGE DISCOUNTS!

Atlantico Weekly now offers huge discounts to companies wishing to promote their business on our website.

Rates for ads with picture, link and a bit of text in one of the three columns on our front page now start at only 499 Euros for a 26 weekly edition period or only 999 Euros for a 52 weekly edition period (excluding taxes and money transfer costs).

Contact us for more info and our range of other advertising and promotion offers!

ECONOMY

All of Cape Verde’s business and commercial establishments, registered and unregistered, have been called upon to provide updated data this September for the National Statistics Institute’s fourth Business Census. Participation in the census is obligatory for all organizations and establishments carrying out economic activities in the country (A Semana).

Cape Verde will receive from the African Development Bank (ADB) a loan of 32 million euros (3.52 billion escudos) for the development of the Technological Center. The loan, granted under the project Framework for the Creation of a Technological Park (PT), includes the construction of a data center (whose works are in advanced stage), the construction of a business centre and common facilities, a hatchery and a centre for training and job qualification.

AVIATION

The Chief Executive Officer of Cape Verde’s flagship airway, TACV Cabo Verde Airlines, this week decided to reprimand all of the company’s officials who, contrary to the logic that should serve as the foundation for professional and responsible management, are currently on vacation, in the middle of TACV’s busiest season. CEO João Pereira Silva reminded administration that August is “high season” and demands the massive presence of TACV’s management in order to fulfill the contracts signed with tour operators and respond with what little means the company has to the huge demand from émigrés coming to spend vacation in their native land (A Semana).

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!

FOGO

The first sparkling wine produced in Cape Verde, “Espumante de Fogo”, is made from a muscatel grape variety from the Chã das Caldeiras wine region, local press reported. This new wine is a product of the Delgado-Egger-Fonseca company, owned by one Cape Verdean and two foreign investors. Production of the new sparkling wine will total just 400 0.75 litre bottles, so be quick!

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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 e a Ilha de Santo Antao

SANTIAGO

The first building phase for the Central Market of Praia, to be located in the old Coco’s stadium should be completed in the summer of next year. Initially, completion of the works was scheduled for August 2012, but due to delays in excavation works and lack of funding to retrieve the metallic structure of the customs caused some delay.

Judiciary Police are investigating a case of suspected fraud in the national lottery, known as Totoloto. Suspicions have focused on an employee of the lottery section of the Red Cross of Cape Verde and a lottery ticket sales spot in the city of Praia. Totoloto organizers ordered the prize money to the alleged winner withheld until Judiciary Police unravel the meanderings of the case (A Semana).

SAO VICENTE

São Vicente opened its doors to welcome the 3rd edition of Cape Verde Fashion Week. Fashion and photography set the tone for this event, which is intended to show Mindelo residents the new trends in the fashion world. Over the course of four days, organizers promise fashion shows exuding glamour to the sound of the live music of Boy Gê Mendes, among other local artists, A Semana reported.

The chairman of the PAICV’s Regional Political Commission on the island of São Vicente, Alcides Graça, denounced the sale of a five thousand square foot plot of land in the Monte Sossego, Torrada district for the expansion of a private business project. Graça accused the local municipal government, led by the MpD, of mismanaging public property by granting land that had previously been set aside for the construction of Judiciary Police and National Police installations to Copa, a private-sector company (A Semana).

CAPE VERDE IN 2030

Atlantico Weekly is looking ahead! Check out our Cape Verde in 2030 with a realistic glimpse of how Cape Verde will look like in the next decades …!

 

Cape Verde Business News

In Cape Verde on August 22, 2013 at 9:10 am

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NEWS

Former Cape Verdean President Pedro Pires is currently in Tunisia as Special Envoy of African Union Commission President Nkosazana Dlamini Zuma, A Semana reported..

INTERVIEW –

Atlantico Weekly recently spoke with Cape Verde’s Prime Minister José Maria Neves about Cape Verde’s business opportunities, development strategy, privatisations, new property tax law, international relations and much more in: Islands of Sun and Freedom in a Sea of Opportunities

– ENTREVISTA –

Atlantico Weekly falou com o Primeiro-Ministro de Cabo Verde, Dr José Maria Neves, sobre as opportunidades de negócios em Cabo Verde, a stratégia de desenvolvimento, mudanças na tributação, as privatisações, as relações internacionais e muito mais em: Ilhas de Sol e Liberdade num Mar de Oportunidades

VOTE NOW

FOR

BEST RESTAURANT OF CAPE VERDE 2013!

Participate in this year’s poll! Vote for your candidates for Best Restaurant of Cape Verde in 2013.

BEST CAPE VERDE MUSIC & BOOKS

mayra

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!

ADVERTISE NOW ON ATLANTICO WEEKLY AND GET HUGE DISCOUNTS!

Atlantico Weekly now offers huge discounts to companies wishing to promote their business on our website.

Rates for ads with picture, link and a bit of text in one of the three columns on our front page now start at only 499 Euros for a 26 weekly edition period or only 999 Euros for a 52 weekly edition period (excluding taxes and money transfer costs).

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ECONOMY

In July 2013 Cape Verde’s Consumer Price Index reached 0,7%, down 0,5% from the previous month. The average rate of the past 12 months went down 0,2% and ended up at 2,6% (INE). INE also noted that consumer confidence in the country is still declining.

AVIATION

The 68-seat ATR 72-500 owned by TACV Cabo Verde Airlines is finally back in Cape Verdean skies, following the maintenance it underwent on the recommendation of the manufacturer. With the aircraft’s return, TACV will now be able to return the ATR it rented last week from Spanish company Hellit to respond to the demand for domestic flights (A Semana).

THE GRAND TOUR OF CAPE VERDE

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SAL

Aa number of people attacked the Santa Maria National Police station with stones and various shots were fired into the air following the arrest of a man. Six people were detained following the disturbances, A Semana reported.

TOURISM

Nearly 15,000 tourists visited the islands of Sal and Boa Vista in the first two weeks of August, a figure slightly higher than that registered in the same period last year, according to data from the National Police’s Foreigner and Border Service. The numbers confirm the upward trend in terms of passenger traffic at the two islands’ international airports. Despite this increase, however, hotel occupation rates have been better, and are currently situated at between 70% and 80%, a percentage lower than that seen last year, especially on the island of Boa Vista, where during the same period in 2012 the occupation rate was above 90% (A Semana).

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Cape Verde Business News

In Cape Verde on August 15, 2013 at 10:11 am

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NEWS

The French frigate “Germinal” docked at the harbor of Praia to fulfill a mission within the framework of the existing cooperation between Cape Verde and France and to conduct a joint exercise with the coast guard.

INTERVIEW –

Atlantico Weekly recently spoke with Cape Verde’s Prime Minister José Maria Neves about Cape Verde’s business opportunities, development strategy, privatisations, new property tax law, international relations and much more in: Islands of Sun and Freedom in a Sea of Opportunities

– ENTREVISTA –

Atlantico Weekly falou com o Primeiro-Ministro de Cabo Verde, Dr José Maria Neves, sobre as opportunidades de negócios em Cabo Verde, a stratégia de desenvolvimento, mudanças na tributação, as privatisações, as relações internacionais e muito mais em: Ilhas de Sol e Liberdade num Mar de Oportunidades

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ECONOMY

Cape Verde’s large-scale taxpayers will be able to enjoy “high quality” personalized service before the end of the year, according to Odete Andrade of the Taxpayer Assistance and Fiscal Citizenship Unit. The unit, which is a part of the new organizational structure of the Directorate General of Contributions and Taxes, comes out of a recommendation made by the International Monetary Fund in September of last year and reiterated on its most recent mission, A Semana reported.

Gas, kerosene, diesel, gasoline and fuel oil saw mild price hikes beginning today, July 8, with the highest increase seen in butane gas, whose price rose 5.5%. Upwards price variations in the international market in the month of June, with a more pronounced effect on butane, explain the increases, according to the Economic Regulation Agency (ARE), which sets the price of fuel in Cape Verde (A Semana).

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!

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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 e a Ilha de Santo Antao

SANTO ANTAO

Ribeira da Cruz, in the municipality of Porto Novo, and Garça, in Ribeira Grande, will receive two Automatic weather stations (EMA).

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