Economy

World Bank announces 15 million dollars for Cabo Verdean statistical system development

Praia, Nov 5 (Inforpress) – World Bank senior economist Rob Swinkels announced in the City of Praia that 15 million dollars, about  1.5 billion escudos, will be available for the Cabo Verdean statistical system development. Rob Swinkels, who was speaking on Monday representing the World Bank representative in Cabo Verde at the opening ceremony of …

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São Nicolau already has Digital Terrestrial Television – Cabo Verde Broacast

São Nicolau Tarrafal, Oct 31 (Inforpress) – From today, São Nicolau Island will be covered by Digital Terrestrial Television (DTT), said Cabo Verde Broacast (CVB), the company responsible for the implementation and management of all DTT infrastructure in Cabo Verde. As the company said on its page on the social network Facebook, the island of …

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São Vicente: Ship chartered by CV Interilhas is already docked in the port of Porto Grande

Mindelo, Oct 30 (Inforpress) – The new boat chartered by CV Interilhas is already docked in the Porto Grande port in Mindelo, and should start operations from Thursday, according to information provided by the operations company’s director. The new ship, which will occupy the Santo Antão-São Vicente-São Nicolau-Sal-Boa Vista – Santiago route, is at the …

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São Vicente: APESC calls on Government Bad Year Mitigation Plan to minimize “poor catch”

Mindelo, Oct 29 (Inforpress) – The Cabo Verdean Shipowners Association (APESC) today called on the Government to create a 2020 Bad Year Mitigation Plan to mitigate the effects of poor  catching the in 2019. At a press conference at APESC headquarters in Mindelo, the president of APESC, João de Deus, said that this request was …

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Porto Novo: About 200 farmers expect to be awarded by the Government with plots of land

Porto Novo, Oct 28 (Inforpress) – Nearly 200 farmers in the countryside of Porto Novo, Santo Antão, expect to be covered by the Government’s measure to permanently give land to families in this municipality who wish to engage in the agricultural activity. According to the Ministry of Agriculture and Environment (MAA), these farmers are already …

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Legal regime defining alcoholic beverages in Cabo Verde ready by the end of this year – ERIS

Porto Novo, Oct 24 (Inforpress) – The Independent Health Regulatory Authority (ERIS) foresees the that legal regime that defines alcoholic beverages and their categories in Cabo Verde, whose proposal is being socialized, will be approved by the end of this year. The legislation, which appears within the framework of the law of grogue, passed in …

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Digital Transformation conference praises innovation of Cabo Verdean financial system

Praia, Oct 23 (Inforpress) – The management of information technology company Asseco, a specialist in the development of banking software, has praised the way Cabo Verdean banks innovate in order to keep up with global trends with a “perfectly adapted market”. Asseco’s manager made the company known during the “Digital Transformation” conference, an event held …

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Fogo: Grazing in area with the highest goat concentration is insufficient to cover needs – Suifogo

São Filipe, Oct 22 (Inforpress) – The amount of pasture available in Fogo’s largest goat area is insufficient to cover the needs of livestock farmers by January 2020, Suifogo CEO Manuel Mendes told to Inforpress. Suifogo is a company that operates in the production of livestock derivatives, and Manuel Mendes also chairs the island’s cheese …

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BCV warns that Convercâmbio “is not authorized” to provide money exchange and money transfer services

Praia, Oct 22 (Inforpress) – The Bank of Cabo Verde (BCV) released Monday, a note in which it says Convercâmbio, Sociedade Unipessoal Lda “is not authorized” to provide money exchange services and money transfer. In the statement the BCV explains that this announcement is intended to “safeguard the public interest”. According to the note to …

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Economist says Guinea-Bissau needs “stronger” institutions and peace and quiet

Praia, Oct 17 (Inforpress) – Guinean economist Carlos Lopes said Wednesday that Guinea-Bissau needs “stronger” institutions that are capable of addressing the economy, transformation and well-being of people. The current professor at the University of Cape, South Africa, made this point when asked by journalists about his perspective on the presidential elections taking place on …

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