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Cabo Verde
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.
19 June 2020
Business Opportunities: Cabo Verde
Several business opportunities in the construction sector are currently active in Cabo Verde, according to local authorities.
19 June 2020
African Economic Growth to Stagnate in 2020, in “Optimistic” Scenario – UN
The United Nations Economic Commission for Africa (UNECA) has revised from 3.2% to 0% its growth forecast for the continent this year. T
18 June 2020
China Commits to Assisting African Countries Financially During Pandemic
China will waive some African nations’ debt and is willing to provide further support including loan-maturity extensions, according to Chinese President Xi Jinping
09 June 2020
China Delays Debt Repayments for 77 Low-Income Countries
The Chinese government said it has agreed to delay debt repayments for low-income countries, as part of the Group of 20 nations debt relief program.
31 May 2020
China´s Trade With Brazil, Cabo Verde and Timor Leste Resists Pandemic
Chinese trade with Brazil resisted the Covid-19 pandemic in the first quarter of the year and even rose in the cases of Cabo Verde and Timor Leste. However, exchanges with the remaining Portuguese-Speaking Countries (PSC) did not resist the pandemic.
29 May 2020
Business Opportunities: Cabo Verde
Tenders for new infrastructure projects in Cabo Verde have been opened by the Government and foreign representations.
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