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Portuguese exports to Cape Verde rise 22 percent in first nine months of 2010
[ 2010-12-17 ]

Praia, Cape Verde, 17 Dec – Portuguese exports to Cape Verde rose 22 percent in the first nine months of 2010, against the same period of 2009, according to the archipelago’s delegate for the Portuguese investment promotion agency, AICEP.

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Investment banks from Europe and Africa finaliseagreement to fund Cape Verde
[ 2010-12-17 ]

Luxembourg, 17 Dec – The European Investment Bank (EIB) and the African Development Bank (ADB) Wednesday finalised an agreement to provide funding of 45 million euros to Cape Verde to build and operate wind farms on four of the archipelago’s islands, the European bank said in a statement.

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Cape Verde's water and electricity company to be privatised
[ 2010-12-15 ]

Praia, Cape Verde, 15 Dec – Cape Verde’s electricity and water company, Electra is undergoing restructuring with a view to its being privatised in 2011, said Cape Verde’s prime minister, José Maria Neves, cited by the Cape Verdean press.

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Portuguese company to supply materials for wind farms in Cape Verde
[ 2010-12-14 ]

Esposende, Portugal, 14 Dec – Portuguese company Solidal is to be involved in installing four wind farms in Cape Verde, a project valued at 45 million euros, the company said in a statement published Monday in Esposende, northern Portugal.

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Cape Verde government creates fund to support internationalisationof country’s companies [ 2010-12-13 ]

Praia, Cape Verde, 13 Dec – The government of Cape Verde has set up a fund of 100 million Cape Verdean escudos to support the internationalisation of the country’s companies, the chairman of Cabo Verde Investimentos, Carlos Rocha said in Praia.

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Water desalination system in Cape Verde to have capacity to process 40,000 cubic metres per day [ 2010-11-25 ]

Praia, Cape Verde, 25 Nov – A future seawater desalination system on Santiago Island in Cape Verde, will have capacity to produce 40,000 cubic metres of drinking water per day, according to consultants from the Japanese International Cooperation Agency (JICA).

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European Commission approves donation of 9 million euros to Cape Verde
[ 2010-11-17 ]

Praia, Cape Verde, 17 Nov – The European Commission (EC) has approved the donation of a donation of 9 million euros to Cape Verde under the terms of the “Flex Vulnerability” scheme, said the head of the European Union delegation in Cape Verde.

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Banco Espírito Santo due to open first branch in Cape Verde in January
[ 2010-11-15 ]

Lisbon, Portugal, 15 Nov – Banco Espírito Santo (BES) Cabo Verde is due open its first branch on the Cape Verdean archipelago in January 2011, on Sal Island, the chairman of the bank, Pedro Cudell told Portuguese news agency Lusa.

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14th Cape Verde International Fair runs from Wednesday to Sunday
[ 2010-11-15 ]

Praia, Cape Verde, 15 Nov – The 14th edition of the Cape Verde International fair (FIC) is due to take place from Wednesday to Sunday in Praia, with 180 exhibitors, most of which are international.

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Business climate improves sharply in Cape Verde and Mozambique
[ 2010-11-08 ]

Macau, China, 8 Nov – The business climate in Cape Verde and Mozambique improved sharply over the last year and more moderately in Portugal and Angola, according to the latest “Doing Business” ranking published by the World Bank.

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New solar power array inaugurated in Cape Verde
[ 2010-11-03 ]

Praia, Cape Verde, 3 Nov – The second and last photovoltaic solar power array built by the Portuguese company Martifer in Cape Verde, a project budgeted at 19 million euros with an installed potential of 5 megawatts, was inaugurated on Tuesday in Praia.

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Cape Verde’s informal economy accounted for 18.1 percent of GDP in 2009   
[ 2010-10-29 ]

Praia, Cape Verde, 29 Oct – Cape Verde’s informal economy moved 20 billion escudos (181.3 million euros) in 2009 and employed 32,000 people, 18 percent of the active working population, indicates an official study released on Thursday in Praia.

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Cape Verdean government prepares opening of casinos   
[ 2010-10-21 ]

Praia, Cape Verde, 21 Oct – Cape Verde’s Ministry of Tourism, Industry and Energy (MTIE) is preparing the groundwork for casino gaming to complement the country’s tourism potential, the government announced in Praia.

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Portuguese consortium carries out construction work on port of Praia, Cape Verde 
[ 2010-10-15 ]

Praia, Cape Verde, 15 Oct – A consortium of three Portuguese construction companies is already carrying out the second phase of work to expand and modernise the port of Praia, worth 72 million euros, following conclusion of the first part of the project Thursday.

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Cape Verdean government puts forward proposal to US for second MCA compact   
[ 2010-10-15 ]

Praia, Cape Verde, 15 Oct – The Cape Verdean government has presented the US federal government with the documents for construction of the second Millennium Challenge Account (MCA) compact, the Finance Minister said in Praia Thursday.

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Saudi Arabia and Arab bank to partially fund construction of road on Fogo Island, Cape Verde  [ 2010-10-13 ]

Praia, Cape Verde, 13 Oct – The Saudi Development Fund and the Arab Bank for Economic Development of Africa (BADEA) are to fund part of the construction of a ring road on Fogo Island, the Cape Verdean press reported.

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EIB and ADB loan 45 million euros to Cape Verde for construction of wind farms   
[ 2010-10-12 ]

Luxembourg, 12 Oct – The European Investment Bank (EIB) and the African Development Bank (ADB) are to loan 45 million euros to Cape Verde to install four wind farms on four of the archipelago’s islands, the European bank said in a statement.

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Services sector represents almost 70 pct of Cape Verde's GDP    
[ 2010-10-07 ]

Praia, Cape Verde, 7 Oct – The services sector accounts for 70 percent of Cape Verde’s gross domestic product (GDP), the Cape Verdean secretary of state for Foreign Affairs, Jorge Borges said Wednesday in Praia.

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Cape Verde is Portuguese-speaking African country with highest ranking in Mo Ibrahim Index    [ 2010-10-07 ]

Praia, Cape Verde, 6 Oct - Cape Verde is the Portuguese-speaking African country with the highest ranking, fourth place, in the 2010 Mo Ibrahim Index, in which Sao Tome and Principe is ranked 11th, Mozambique 20th, Guinea Bissau in 41st and Angola in 43rd places.

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Construction of wind farms in Cape Verde to reduce fuel import costs    
[ 2010-10-06 ]

Praia, Cape Verde, 6 Oct – The construction of four wind farms in Cape Verde will make it possible for the country to save 12 million euros per year on fuel imports or 2.1 percent of the State Budget, a business source said last week in Praia.

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Novo Banco to start operating in Cape Verde on 7 October  
[ 2010-10-04 ]

Praia, Cape Verde, 4 Oct – Novo Banco, a financial institution that aims to provide support to the less fortunate classes of the population and micro, Small and medium-sized enterprises, is due to start operating Thursday in the city of Praia, the capital of Cape Verde, Minister Sara Lopes said Saturday.

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Cape Verde’s finance minister estimates 6% GDP growth in 2010  
[ 2010-09-27 ]

Praia, Cape Verde, 27 Sep – Cape Verde’s economy is already showing signs of recovery, the island country’s finance minister said on Friday, estimating gross domestic product (GDP) growth of around 6 percent for 2010.

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Cape Verde’s population up 13% between 2000 and 2010 to 491,575 inhabitants  
[ 2010-09-27 ]

Praia, Cape Verde, 27 Sep – Cape Verde’s population recorded 13 percent growth between 2000 and 2010, rising to 491,575 inhabitants, the National Statistics Institute (INE) announced on Friday in Praia during presentation of the preliminary population census results.

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Cabo Verde Telecom invests 30 millione Euros in new technologies   
[ 2010-09-10 ]

Praia, Cape Verde, 10 Sept – Cape Verdean telecommunications company, Cabo Verde Telecom is implementing an investment plan of 30 million euros to improve the quality of telecommunications, specifically Internet access, the company's chief executive said in Praia Thursday.

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Cape Verde is only Portuguese-speaking African country to meet Millennium Development Goals   [ 2010-09-08 ]

Lisbon, Portugal, 8 Sept - Cape Verde is the only Portuguese-speaking African country (PALOP) where the majority of Millennium Development Goals will be fulfilled, said the chairman of the Portuguese Institute for Support of Development.

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Cape Verde government wants to reduce some customs taxes as of 2011   
[ 2010-09-07 ]

Praia, Cape Verde, 7 September – The Cape Verdean government plans to reduce customs taxes on products covered by the Civil Aviation Agreement to zero, and has already handed the country’s parliament a proposal for this purpose, a government source said in Praia Monday.

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Ports of Cape Verde to have modern facilities in 2011  
[ 2010-08-26 ]

Praia, Cape Verde, 26 Aug – The chairman of Cape Verdean port management company, Enapor - Portos de Cabo Verde, Franklim Spencer, said Wednesday in Praia that over the next year 80 percent of the country’s ports would have modern facilities.

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Angola, Mozambique and Cape Verde benefit from China’s Special Economic Zones in Africa [ 2010-08-23 ]

Macau, China, 23 Aug – China’s Special Economic Zones programme in Africa is “gaining momentum” and will contribute to the continent’s development, particularly in countries such as Angola, Mozambique and Cape Verde, states the university researcher Loro Horta.

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Cape Verde prepares 2nd edition of International Construction and Housing Fair
[ 2010-08-20 ]

Praia, Cape Verde, 20 Aug – A total of 83 of the 112 stands outlined for the 2nd edition of the International Construction and Housing fair (FICH), which will be held on 1, 2 and 3 October in the Cape Verdean capital of Praia, have been reserved, said the spokesman for the Fair's organising commission.

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Cape Verdean government aims to build 3,000 houses by end of 2011
[ 2010-08-16 ]

Praia, Cape Verde, 16 Aug – The Cape Verdean government aims to build 3,000 houses by the end of 2011 under the “House for All” programme, financed by a 200 million euro credit line from Portugal, the Minister for Decentralisation, Housing and Territorial Planning has indicated.

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Cape Verde’s airports receive 5.6 pct more passengers in first half of the year
[ 2010-08-09 ]

Praia, Cape Verde, 9 Aug – Passenger traffic at Cape Verde’s airports rose 5.6 percent year on year in the first half of 2010, to a total of 726,279 passenger, according to Cape Verdean weekly newspaper A Semana reported.

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Cape Verde launches public tender tor new third generation telecommunications operators [ 2010-08-03 ]

Praia, Cape Verde, 3 Aug – Cape Verde’s National Telecommunications Agency (ANAC) Monday launched a public tender for licensing of three third generation telecommunications operators, with broadband Internet access and via mobile phones.

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Cape Verde’s exports rise 59.3 pct in 1st half
[ 2010-08-02 ]

Praia, Cape Verde, 2 Aug – cape Verde’s exports and imports rose 59.3 percent and 8.3 percent, respectively year on year, in the first half of this year, according to official figures.

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Cape Verde and China enhance economic and business ties
[ 2010-07-15 ]

Praia, Cape Verde, 15 Jul – Cape Verde and China signed on Wednesday various economic and business agreements during the first meeting of the Joint Committee on Economic, Commercial and Technical Cooperation, under way since Monday in Beijing.

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Cape Verde’s 2010 census results to be presented in August
[ 2010-07-13 ]

Praia, Cape Verde, 13 Jul – Main results of the 4th General Census of Population and Housing should be available in early August, the head of the National Statistics Office (INE) said on Monday in Praia.

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Cape Verdean airline begins flying to Madrid, Spain
[ 2010-07-13 ]

Praia, Cape Verde, 13 Jul – Cape Verde’s TACV airline began on Monday a regular weekly flight to Madrid, meant to “attract Spanish tourists to the island country,” said the company’s director, Georgina Melo.

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Luxembourg’s aid to Cape Verde to increase to 60 million euros
[ 2010-07-06 ]

Praia, Cape Verde, 6 July – The governments of Cape Verde and Luxembourg Tuesday in Praia signed the 3rd Indicative Cooperation Programme (PIC), which will be in place between 2010 and 2015 and which has risen from 45 to 60 million euros.

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Brazil’s Petrobras to support Cape Verde in ultra-deepwater oil and gas prospecting
[ 2010-07-05 ]

Santa Maria, Cape Verde, 5 Jul – Brazil will support Cape Verde’s efforts to prospect for oil and gas in ultra-deepwater areas around the island country, the Brazilian president and Cape Verdean prime minister have announced in Santa Maria.

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Portuguese company to build three dams on Cape Verde’s Santiago Island [ 2010-06-29 ]

Praia, Cape Verde, 29 Jun – The Portuguese company Monte Adriano has won the tender to build three dams on Santiago Island, benefiting from a 200 million euro credit line made available by Portugal for public works projects in Cape Verde.

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Cape Verde air carrier TACV to acquire two new aircraft [ 2010-06-24 ]

Praia, Cape Verde, 24 June – Cape Verdean state airline, TACV is to buy two aircraft to increase its fleet and has launched a new class, between economy and executive, for improved passenger comfort, a company director said in Praia Wednesday.

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Bond issue by Sal city hall, Cape Verde, totally subscribed [ 2010-06-23 ]

Praia, Cape Verde, 23 June – The City Hall of Sal has earned 200 million Cape Verdean escudos (US$2.2 million) from its bond issue, carried out from 7 to 18 June by the Cape Verdean Stock Exchange, according to Cape Verdean news agency Inforpress.

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Airport planned for Cape Verde’s Santo Antao Island [ 2010-06-21 ]

Porto Novo, Cape Verde, 21 Jun – The next major investment planned for Cape Verde’s Santo Antao Island will be the airport, whose studies have already been completed, Cape Verdean Prime Minister Jose Maria Neves said last Thursday, cited by the Inforpress news agency.

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Cape Verde’s Praia Municipal Council issues bonds [ 2010-06-17 ]

Praia, Cape Verde, 17 June – The Praia Municipal Council (City Hall) plans to issues bonds worth 450 million Cape Verdean escudos (4.08 million euros) via the cape Verde Stock Exchange, said the mayor of Praia, Ulisses Correia e Silva, Wednesday in Praia.

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Cape Verde to import cattle variety from Brazil to improve breeds [ 2010-06-10 ]

Praia, Cape Verde, 10 June – Cape Verde’s National Directorate for Agriculture, Silviculture and Livestock (DGASP) plans to import 452 bovine cattle from Brazil, as part of its programme to improve breeds and promote the livestock sector in the country, Cape Verdean news agency Inforpress reported.

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Cape Verde to host 1st ECOWAS/Brazil Summit in July [ 2010-06-07 ]

Praia, Cape Verde, 7 Jun – Cape Verde’s Sal Island will host this July the first summit meeting between the Economic Community of West African States (ECOWAS) and Brazil, which will be attended by heads of state or government from the 16 countries involved.

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Businesspeople from Portugal and Cape Verde interested in cruise liner terminal in Sao Vicente [ 2010-06-03 ]

Praia, Cape Verde, 3 June – Portuguese and Cape Verdean businesspeople are interested in carrying out the cruise liner terminal project in Sao Vicente, the chairman of port management company Enapor said in Praia.

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Tourist entries into Cape Verde rise 5.5 pct in first quarter [ 2010-05-28 ]

Praia, Cape Verde, 28 May – Cape Verde received 92,000 tourists in the first quarter of the year,. a rise of 5.5 percent against the same period of 2009, the National Statistics Institute (INE) said Thursday in Praia.

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Cape Verde government considers “open skies” agreement with European Union [ 2010-05-26 ]

Praia, Cape Verde, 26 May – Cape Verde is soon due to sign a “horizontal air agreement” with the European Union (EU), the first step in a process that will lead to an “open skies” policy with the 27-country block, Minister Manuel Inocêncio de Sousa said in Praia Monday.

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MF praises Cape Verde’s economic and financial policies [ 2010-05-25 ]

Praia, Cape Verde, 25 May – The economic and financial policies of the Cape Verdean government over t the last year have been “prudent” and “positive” the deputy director of the Africa Division of the International Monetary Fund (IMF), Valerie Cerra said Monday in Praia.

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AfDB grants loan to Cape Verde for wind energy project on four islands
 [ 2010-05-24 ]

Praia, Cape Verde, 24 May – The African Development Bank (AfDB) has approved a 15 million euro loan to Cape Verde to finance a wind energy project on four of the country’s islands (Santiago, Sao Vicente, Sal and Boavista), the institution announced.

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Luxembourg increase aid to Cape Verde to 60 million euros [ 2010-05-14 ]

Praia, Cape Verde, 14 May – Luxembourg has increased its aid to Cape Verde’s Indicative Cooperation Programme (PIC) from 45 million euros to 60 million euros between 2011 and 2015, the coordinator of Luxembourg’s cooperation on the archipelago said Thursday in Praia.

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Cape Verdean economy should grow between 4 and 5 percent this year [ 2010-05-13 ]

Praia, 13 May – The Cape Verdean economy should grow between 4 and 5 percent this year, the head of the Banco de Cabo Verde (BCV) has stated.

Carlos Burgo made his comments on Tuesday when presenting the half-yearly report on monetary policy in Cape Verde, which has already been submitted to the government and parliament.

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Cape Verde’s special partnership with European Union to bring middle and long term result  [ 2010-05-10 ]

Praia, Cape Verde, 10 May – Cape Verde’s special partnership with the European Union should lead to concrete results in the middle and long terms, the head of the European Commission’s delegation to that country has stated.

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Construction of single power transmission plant on Santiago Island, Cape Verde, begins   [ 2010-05-07 ]

Praia, Cape Verde, 7 May – The Cape Verdean government is due Friday to lay the first stone of the single power transmission plant on Santiago Island, where the capital of the archipelago, Praia, is located, a project that is expected to cost 44 million euros.

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New broadband wireless offerings in Cape Verde [ 2010-05-06 ]

Praia, Cape Verde, 6 May – The companies Digicel, T+ Telecomunicações, CVNet, SGPM and CVWiFi have won the public tender to award frequency usage rights for the provision of broadband wireless access (BWA) services, reports Cape Verde’s Inforpress news agency.

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Number of passengers passing through Cape Verde’s airports rises 9.1 percent in first quarter  [ 2010-04-28 ]

Praia, Cape Verde, 28 April – The number of passengers passing through Cape Verde’s airports rose 9.1 percent in the first quarter against the same period of 2009, according to figures from Cape Verde’s National Airport and Air Safety Company (Asa).

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Portuguese business people travel to Cape Verde seeking business deals   
[ 2010-04-21 ]

Lisbon, Portugal, 21 April – Representatives of 8 Portuguese companies from the wooden
construction materials sector are due to arrive in Cape Verde as part of a mission organised by the Association of Wood and Furniture Industries of Portugal (AIMMP), the association said in a statement.

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Cape Verdean island of Santo Antão to have three dams 
[ 2010-04-21 ]

Porto Novo, Cape Verde, 21 April – The three dams to be built on the Cape Verdean island of Santo Antão will be located in Ribeira Grande, Porto Novo and Paul and work on them may start immediately, said the Minister for the Environment, Rural Development and Marine Resources.

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Seven out of 10 Cape Verdeans have a mobile phone  
[ 2010-04-15 ]

Praia, Cape Verde, 15 April – Seven out of every 10 cape Verdean inhabitants have a mobile phone according to figures presented Wednesday by the National Communication Agency (ANAC), according to which mobile telephone service subscribers now total 350,000, out of a total population of 500,000.

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Work on solar power plants in Praia and Sal begins in Cape Verde
[ 2010-04-14 ]

Praia, Cape Verde, 14 April – Construction work on the solar power plant, in Palmarejo Grande, in the city of Praia, is due to begin Thursday, the Cape Verdean authorities have said.

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Portuguese-Cape Verdean consortium prepares energy project for Fogo island 
[ 2010-04-12 ]

Praia, Cape Verde, 12 April – The Alentejo Regional Development Agency (ADRAL), a Portuguese-Cape Verdean consortium, in partnership with the Ferreira do Alentejo and the Open Renewables company have prepared a project for micro solar and wind power generation for the island of Fogo.

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Oil company Shell leaves Cape Verde and 20 other African countries  
[ 2010-04-09 ]

Praia, Cape Verde, 9 April – European oil company Shell plans to move out of Cape Verde, having put its company on the archipelago up for sale along with 20 other subsidiaries in African countries, the chairman of Shell Cabo Verde said Thursday in Praia.

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Cape Verde and European Union discuss special partnership
[ 2010-04-07 ]

Praia, Cape Verde, 7 April – Cape Verde’s prime minister, José Maria Neves, is due to travel to Brussels on 13 April to analyse the development of the Special Partnership with the European Union, officials said in Praia Tuesday.

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Sea link between Sao Tome and Principe and Cape Verde may begin in June
[ 2010-04-06 ]

Sao Tome and Principe, 6 Apr - Maritime connections between Sao Tome and Principe and Cape Verde should begin this coming June, indicates an agreement signed in Sao Tome on Monday, the last day of a three-day official visit by the Cape Verdean prime minister.

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Mindelo to host Cape Verde's 2nd Enterprise, Employment and Entrepreneurship Fair  
[ 2010-04-06 ]

Praia, Cape Verde, 6 Apr – The second Enterprise, Employment and Entrepreneurship Fair will be held this coming 30 July to 1 August in the city of Mindelo on Sao Vicente Island, Cape Verdean news agency Inforpress has reported.

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Cape Verde Technology Centre financed by China
[ 2010-03-29 ]

Praia, Cape Verde, 29 March – The Cape Verde Technology Centre is to cost US$17 million and be funded by China, the Cape Verdean prime minister, José Maria Neves said in Praia Friday, at the ceremony to mark the start of the first stage of the project.

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Japan to provide aid to Cape Verde
[ 2010-03-19 ]

Praia, Cape Verde, 19 March – Japan is to provide aid of 640 million yen (US$7 million) to Cape Verde for reconstruction of infrastructures on the island of São Nicolau and in food aid, with respective agreements signed Friday in Praia.

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Cape Verde's hotel network counted 11,720 beds in 2009
[ 2010-03-08 ]

Praia, Cape Verde, 8 Mar - Cape Verde's hotel network grew 9.5 percent in 2009 to a total of 173 establishments offering 6,367 rooms, 11,720 beds and 14,096 places, the country's National Statistics Institute (INE) announced in Praia.

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UK to provide funding of £26 million for wind energy in Cape Verde
[ 2010-03-04 ]

London, United Kingdom, 4 March – The United Kingdom is to provide 26 million pounds to support the construction of wind turbines in Cape Verde to supply the country with electricity, according to British newspaper The Telegraph.

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Cape Verde air carrier TACV starts flights to Madrid in July
[ 2010-03-02 ]

Lisbon, Portugal, 2 March – Cape Verdean air carrier, TACV, is in July due to launch a scheduled flight linking Boa Vista and Sal to Madrid, said Mário Almeida, TACV’s sales and services director for Portugal and Spain.

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Cape Verde’s balance of trade deficit reduced 10.5 percent in 2009
[ 2010-03-01 ]

Praia, Cape Verde, 1 March – The Cape Verdean balance of trade deficit dropped 10.5 percent in 2009 due to a fall in imports and a rise in both exports and re-exports, the country’s National Statistic Institute (INE) said Saturday in Praia.

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Cape Verde government sets up social bank with Banco Português de Gestão
[ 2010-03-01 ]

Praia, Cape Verde, 1 March – The Cape Verdean government in partnership with local public entities and Portugal’s Banco Português de Gestão (BPG), made the creation of Novo Banco official, a socially-focused bank to provide support to micro, small and medium-sized companies.

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Cape Verde's parliament approves law liberalizing the casino gambling sector
  [ 2010-02-26 ]

Praia, Cape Verde, 26 Feb - The Cape Verdean parliament has approved a bill amending the legal framework governing the operation of games of fortune or chance to allow competition in the sector, besides lowering the amounts to pay to open casinos.

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Cape Verdean government wants to register ‘Cape Verde' brand as tourist destination
  [ 2010-02-25 ]

Praia, Cape Verde, 25 Feb - The Cape Verdean government plans to register the ‘Cape Verde' brand as a tourist destination, adjust sector legislation and regulation and set up a Tourism Observatory, Prime Minister Jose Maria Neves has stated.

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Mobile phone users in Cape Verde rise three-fold between 2006 and 2009
  [ 2010-02-10 ]

Praia, Cape Verde, 10 Feb – the liberalisation of the Cape Verdean telecommunications sector in 2006 made it possible for the number of mobile phone subscribers to rise three-fold from 100,000 to around 300,000, a government source said Tuesday.

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Millennium Challenge Corporation praises Cape Verdean government’s management
  [ 2010-02-04 ]

Praia, Cape Verde, 4 Feb – The Chief executive of the Millennium Challenge Corporation (MCC), Wednesday in Praia praised the Cape Verdean government for its exemplary management of the funding provided by the US development institution.

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Enacol consolidates leadership of Cape Verde fuel market in 2009
  [ 2010-02-04 ]

Praia, Cape Verde, 4 Feb – Cape Verdean fuel company Enacol in 2009 consolidated its overall leadership of the market in Cape Verde, with a market share of 54.8 percent, the company said in a statement issued in Praia Wednesday.

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Banco Africano de Investimentos opens two more branches in Cape Verde
  [ 2010-02-03 ]

Praia, Cape Verde, 3 Feb – The Banco Africano de Investmentos Cabo Verde, in which the Angolan Banco Africano de Investmimentos and Sonangol hold a majority stake, has opened two branches in Praia, the bank’s communication director announced.

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Construction of 540 homes on Cape Verde’s Sal Island to ease housing shortage
  [ 2010-02-02 ]

Praia, Cape Verde, 2 Feb – The Municipal Council of Sal Island via Prohabit has signed a 300 million escudo (2.9 million euros) financing contract with Banco Interatlântico to start construction of 540 social housing units, the Cape Verdean news agency Inforpress has reported.

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China to offer credit to build housing in Cape Verde   [ 2010-02-01 ]

Praia, Cape Verde, 1 Feb – Cape Verde’s Imobiliária Fundiária e Habitat (IFH) real property agency is finalizing the necessary documentation for the first part of a US$1 million credit line to be made available by China, the Praia-based Expresso das Ilhas newspaper has reported.

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Cape Verde licenses new Internet and cable television operator   [ 2010-01-21 ]

Praia, Cape Verde, 21 Jan – The Cape Verdean National Communications Agency (ANAC) has granted a license to SGPM to be a new Internet and cable television operator, the PANA news agency reported Wednesday.

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Cape Verde’s 2009 inflation rate was 1 percent   [ 2010-01-15 ]

Praia, Cape Verde, 15 Oct – The Cape Verdean government has presented the US federal government with the documents for construction of the second Millennium Challenge Account (MCA) compact, the Finance Minister said in Praia Thursday.

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Cape Verde rises one place on the 2010 Doing Business list   [ 2010-01-13 ]

Praia, Cape Verde, 13 Jan - Cape Verde has risen one position on the 2010 list of the Doing Business report, though it is still close to the bottom of the table in which countries are ordered according to the ease of doing business.

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Cape Verdean government studies forestry project on Sal Island   [ 2010-01-12 ]

Espargos, Cape Verde, 12 Jan – The Cape Verdean government is studying plans to implement a forestry project on Sal, one of the country’s most arid islands, which will make use of residual water distribution potential.

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Cape Verdean government prepares to draw up second Millennium Challenge Account compact   [ 2010-01-08 ]

Praia, Cape Verde, 8 Jan – The Cape Verdean government will begin the process of consulting various social partners prior to drafting the proposal for the second Millennium Challenge Account (MCA) compact, Presidency Minister Janira Hopffer Almada has stated.

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Cape Verde's Halcyonair to begin flying to West Africa   [ 2010-01-07 ]

Praia, Cape Verde, 7 Jan – The Cape Verdean private airline Halcyonair is to acquire two new aircraft and begin flying to West Africa in a first phase and later to other continents, the company's president has announced...

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Cape Verde aims to host a half million tourists per year   [ 2010-01-06 ]

Praia, Cape Verde, 6 Jan - Cape Verde's Tourism Strategy Plan aims to achieve a flow of 500,000 tourists per year by 2013, causing a significant rise in associated employment and in tourism's share of the gross domestic product, the local press reported on Tuesday...

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