logo

Cabo Verde
02 November 2020

“Substantial Risks” to Cabo Verde Economic Recovery – IMF
The Covid-19 pandemic continues to severely affect the Cabo Verde economy, with GDP projected to contract by 6.8 percent in 2020, and a recovery in 2021 faces "substantial risks", according to the International Monetary Fund (IMF). 
16 September 2020

US-Africa Trade Dominated by “Growing Rivalry with China” – Economist
US-Africa Trade will be dominated by the "growing rivalry with China" in the short term, with the current US administration trying to preserve its African ties, even though the continent "is not a policy priority", the Economist Intelligence Unit (EIU) says. 
15 September 2020

Chinese Merchandise Trade With Brazil Steady in First Semester
Chinese merchandise trade with Brazil held steady in the first semester, despite the global economic downturn, according to data from China Customs.
08 September 2020

Cabo Verde Receives First Electric Cars From China´s JAC Motors
China´s JAC Motors electric vehicles are now available in Cabo Verde, marketed by Portuguese dealer Tuacar under a project supported by the local Government.
17 August 2020

Portuguese-Speaking Countries Legislation Now Available in Chinese
The Chinese version of the Guide to Investing in Portuguese-Speaking Countries (PSCs) and Timor-Leste, published by official legal database Legis-PALOP+TL is now available, for the first time in 2020, under a partnership with MacauLink, supported by private entities.
13 August 2020

Economic Commission for Africa Urges China to Support Debt Relief
The UN Economic Commission for Africa (ECA) is urging China to participate in the G20 Debt Service Suspension Initiative (DSSI), so African governments have fiscal space to effectively respond to the COVID-19 emergency.
11 August 2020

Delay in Macau Legend´s EUR 250 million Resort in Cabo Verde Likely – Government
Macau Legend group´s casino resort in Praia, Cabo Verde, is going ahead, but is likely to face delays because of the covid-19 pandemic, according to the Tourism minister, Carlos Santos.
10 July 2020

China-Supported Special Economic Zone in Cabo Verde Clears Final Hurdle
Cabo Verde President Jorge Carlos Fonseca announced on Thursday the approval of the law establishing the São Vicente Special Economic Zone (ZEEMSV), a key development project supported by China.
02 July 2020

Angola and Cabo Verde Among African Countries With High Risk of Debt Distress – Fitch Ratings
Angola and Cabo Verde are among a group of African countries considered by Fitch Ratings as being at high risk of debt distress, in the current economic crisis context. Mozambique is already in default.
30 June 2020

IMF Forecasts Recession in All Portuguese-Speaking Countries Except Mozambique
The International Monetary Fund (IMF) expects a recession in all African Portuguese Speaking Countries (PSC) in 2020, with the exception of Mozambique.
‹ Previous111213141516171819Next ›