Economy

Covid-19 / Fogo: Company suspended activities and almost to three dozen livestock farmers face difficulties

São Filipe, Apr 7 (Inforpress) – The Suifogo company, which works in the production of livestock products, suspended its activities more than a week ago due to measures to prevent and combat the new coronavirus and and almost 30 livestock farmers face difficulties. According to some livestock farmers / raw material suppliers to this processing …

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São Vicente: Transinsular resumes international cargo transport from Lisbon to Cabo Verde

Mindelo, Apr 7 (Inforpress) – The ETE Group’s Transinsular company announced that it will resume direct maritime connections to Cabo Verde starting next Saturday, with a stopover from Lisbon, Portugal. According to a note from the company sent to Inforpress, Transinsular emphasizes that in a current context in which, due to Covid-19, there is some …

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Cabo Verdean GDP increased 5.7 in the 4th quarter of 2019 compared to the same period in 2018

Praia, Apr 7 (Inforpress) – Cabo Verde’s Gross Domestic Product (GDP) recorded a 5.7% year-on-year change in real terms in the 4th quarter of 2019, a rate, meanwhile lower by 1.3 percentage points (pp) compared to the figure recorded in the 3rd quarter of 2019, which was 6.9%. According to the quarterly national accounts released …

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Covid-19 / Porto Novo: Pandemia hampers the soap industry’s strategy to reach Europe

Porto Novo, Apr 6 (Inforpress) – The strategy of the soap factory in Porto Novo, Santo Antão, to take the product to the European market, in these first months of 2020, is suspended with the restrictions imposed by the authorities to prevent the spread of the new coronovirus. According to the owner, Inês Silva, the …

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Covid-19 / Porto Novo: Fishermen in Monte Trigo “eager” to solve the fish conservation problem

Porto Novo, Apr 6 (Inforpress) – Fishermen in Monte Trigo, an isolated fishing community in the countryside of Porto Novo, in Santo Antão, have been facing difficulties in fish conservation for more than a year and are “eager” for solving the problem. The fishermen in Monte Trigo had expectation that the fish conservation problem would …

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Covid-19 / Paul: Santo Antão construction company helps City Hall to support needy families

Cidade das Pombas, Paul, Apr 6 (Inforpress) – The City Hall of Paul received a donation from the Spencer Construções & Imobiliária company, based in Ribeira Grande, for distribution of 50 food baskets to economically most vulnerable people in the county. The councilor for the social area from the City Hall of Paul, Nilton Gomes, …

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Covid-19: Companies representative satisfied with conditions of access to credit lines

Cidade da Praia, Apr 3 (Inforpress) – The Secretary-General of the Sotavento Chamber of Commerce (CCS) expressed himself satisfied with the conditions of access to credit lines created by the Government to help companies in situations of difficulty, due to the Covid-19 pandemic. José Luís Neves was speaking to journalists this Thursday after the Government …

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Covid-19: Credit lines to companies with a maximum interest rate of 3% – Government

Praia, Apr 3 (Inforpress) – The four lines of credit the commercial banks will make available to Cabo Verdean companies, within the framework of measures to combat the effects of the pandemic of Covid-19, will have a maximum interest rate of 3 percent (%). The information was released this Thursday, in a press conference, by …

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Covid-19 / Brava: Mini-markets choose home delivery to protect employees and customers

Nova Sintra, Apr 2 (Inforpress) – Some mini-markets and balance services in Brava have already started online shopping and home delivery, as a way to protect employees and customers against the pandemic of the new coronavirus (Covid -19). Mariana Camilo, owner of the mini market Camilo e Camilo Lda, in Nossa Senhora do Monte, told …

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Covid-19: IGAE notifies economic operators to better mobilization of the workers

Praia, Apr 2 (Inforpress) – The General Inspection of Economic Activities (IGAE) is on the ground to notify companies and economic operators on the functioning during the emergency period, in order to organize themselves for a better mobilization of their workers. According to the IGAE inspector general, Elisângelo Monteiro, said to Inforpress this measure is …

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