Insurance undertakings continue to have to comply with the obligations relating to the accounting and reporting system for the Bank of Cabo Verde relating to their analytical situation for the purposes of the Chart of Accounts for Insurance Companies.

Having recently finalized a deal to begin investment banking in Portugal, Bison Capital Financial Holdings of Hong Kong is also moving to Mozambique. It has reached a partnership deal with Geocapital, until now the bank´s biggest shareholder.

The Cabo Verde banking system started a process of rapid change in 2017, a new reality is now visible, with the second largest bank in the hands of the State and the others with a diversification of the origins of foreign capital, including Macao.

The so-called Residence Permit for Investment Activity or "golden visas" has been boosting Chinese investment in Portuguese real estate, attracting 3.4 billion euros since its inception in 2012.

Mozambique was regarded as an African economic success story until relatively recently. Although still one of the poorest countries in the world, annual growth has averaged 7% over the past decade.

The licensing process of Banco Sino-Atlântico in Cabo Verde, by Macao businessman David Chow is underway at the Bank of Cabo Verde.