News from Islands

Cape Verde: African good news story

The remarkable economic and political progress of Cape Verde is seen as a blueprint for the rest of Africa, writes BBC Today programme presenter Evan Davis after a visit to the tiny island state.

President of the African Union Conference

Jorge Carlos Fonseca participates at the 18th ordinary session of the Conference of the African Union at the end of January in Addis Ababa, Ethiopia. In Cape Verde is also the Minister of Foreign Affairs for the meeting which will vote on the new leadership of the African Union and for which the country has not yet taken an official position.

World Bank provides credit to support companies in Cape Verde [ 2012-01-20 ]

Praia, Cape Verde, 20 Jan – The World Bank plans to loan Cape Verde US$1 million for its Growth and Competitiveness Fund (FCC), which is focused on supporting Cape Verdean companies, said the FCC’s representative at the Sotavento Chamber of Commerce, Industry and Services (CCISS) Thursday.

British group plans to build six tourist resorts in Cape Verde [ 2012-01-19 ]

Praia, Cape Verde, 19 Jan – British tourism group The Resort Group PLC plans to build six tourist resorts on Cape Verde’s Boa Vista island over the next 12 to 15 years, increasing the number of rooms the groups has on the island to 4,300, Cape Verdean weekly newspaper A Semana reported.

Eva Ortet participates in conference of agriculture ministers in Berlin

Minister of Rural Development Eva Ortet will participate, beginning this Saturday, January 21, in the 4th Conference of Ministers of Agriculture, which is taking place in Berlin, Germany.

Cape Verdean wines exhibited at fair in Boston, USA [ 2012-01-17 ]

Praia, Cape Verde, 17 Jan – Cape Verdean wines Sodade and Chã produced by winegrowers from Achada Grande-Relva (Mosteiros) and from Chã das Caldeiras will, be exhibited for the first time at the 21st annual wine exposition in the US city of Boston, Cape Verdean weekly newspaper A Semana reported.”

Pedro Pires: naming Praia airport after Mandela is an honor to African freedom fighters

The question about the attribution of Nelson Mandela’s name to Praia International Airport came from a student at the Miraflores Educational Center in Praia. Pedro Pires responded calmly that “it could be a good choice.”

Cape Verdean government estimates contribution of fishing sector at 7-9 pct of GDP
[ 2012-01-13 ]

Praia, Cape Verde, 13 Jan – The contribution of the fishing sector in 2011 to Cape Verde’s gross Domestic Product (GDP) is estimated at between 7 and 10 percent, said the country’s secretary of state for Marine Resources, Adalberto Vieira.

Companies from Brazil and Cape Verde plan to produce shrimp on the archipelago
[ 2012-01-12 ]

Fortaleza, Brazil, 12 Jan – A partnership between companies from the Brazilian state from Ceará and from Cape Verde has been set up with the aim of farming shrimp on the archipelago, according to Brazilian newspaper Diário do Nordeste.

Cape Verde to have seaweed production unit for beta-carotene extraction
[ 2012-01-12 ]

Praia, Cape Verde, 12 Jan – The Cape Verdean government plans this year to set up on the archipelago a pilot unit for seaweed production to extract beta-carotene, a substance used, for example, as a food colouring, the secretary of state for Marine Resources said in Praia.

Sea navigation agreement between Brazil and Cape Verde signed in Fortaleza
[ 2012-01-11 ]

Fortaleza, Brazil, 11 Jan – Brazilian shipping and docks company Companhia Docas do Ceará (CDC) and Cape Verdean ports manager Empresa Nacional de Administração dos Portos (Enapor) Tuesday signed a protocol of cooperation to increase business between Brazil and Africa, using the West African archipelago’s ports.

Target of 50 pct renewable energies in Cape Verde to cost 300 million euros
[ 2012-01-11 ]

Praia, Cape Verde, 11 Jan – Execution of the Sector Plan for Renewable Energies, with a target of 50 percent penetration of renewable energies in Cape Verde by 2020, is expected to cost over 300 million euros Minister Humberto Brito said Tuesday in Praia.

Protocol to establish a regular shipping line between Brazil and Cape Verde due to be signed [ 2012-01-09 ]

Fortaleza, Brazil, 9 Jan – Brazilian shipping and docks company Companhia Docas do Ceará (CDC) and Cape Verdean ports manager Empresa Nacional de Administração dos Portos (Enapor) are due Monday to sign a document of intention to set up a regular shipping route between the two countries, the Brazilian press reported.

China loans over US$80 million to Cape Verde [ 2012-01-06 ]

Praia, Cape Verde, 6 Jan – China has loaned Cape Verde over US$80 million under the terms of four agreements signed Thursday in Praia, according o the Cape Verdean press.

Bank of Cape Verde raises rates to make access to credit more difficult
[ 2012-01-06 ]

Praia, Cape Verde, 6 Jan – The Bank of Cape Verde decided to increase the minimum cash availability rates by two percentage points from 16 percent to 18 percent and the base interest rate by 150 basis points from 4.25 percent to 5.75 percent, the central bank said in a statement issued on its website.

Bank of Cape Verde raises rates to make access to credit more difficult
[ 2012-01-06 ]

Cape Verdean government plans to invest in improving conditions at Praia fishing port [ 2012-01-05 ]

Praia, Cape Verde, 5 Jan – The fishing dock in the Cape Verdean capital of Praia is to undergo refurbishment work costing 51 million Cape Verdean escudos, including introduction of an auction system, said the secretary of state for Marine Resources.

Second aid package to Cape Verde from Millennium Challenge Account to be signed in February [ 2012-01-03 ]

Praia, Cape Verde, 3 Jan - Cape Verde is due in February to sign for the second aid package from the United States Federal Government via the US institution Millennium Challenge Corporation (MCC), the United States ambassador said in Cape Verde.

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