Economy

Turnover index in the services sector increases 2.5% in the first quarter of 2019

Praia, May 31 (Inforpress) – The turnover index in the sector of non-financial market services registered a 2.5% increase in the first quarter of 2019, the National Statistics Institute (INE) reported. According to the data released today, wholesale, repair of motor vehicles and motorcycles, lodging and catering are the sections that presented the most relevant …

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Pro Empresa and AJEC promote debate on “The Challenge of SMEs in the Digital Context”

Praia, May 30 (Inforpress) – The Pro Empresa and the Cabo Verde Young Entrepreneurs Association (AJEC), in partnership with the Yellow Pages of Cabo Verde, are promoting a meeting on “The Challenge of the SMEs in the Digital Context”. According to an information note, the aim of this initiative is to create an environment for …

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Prime Minister announces budget aid agreement of 40 million dollars with the World Bank

Praia, May 29 (Inforpress) – The Prime Minister announced today that the World Bank (WB) will sign a 40 million dollars budget aid agreement with Cabo Verde in recognition of the Government’s effort to improve economy. Ulisses Correia e Silva announced the agreement to be signed on June 6 in the parliamentary debate on the …

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São Vicente: ISCEE promotes Management and Accounting sessions to bring students closer to the labour market

Mindelo, May 28 (Inforpress) – The Higher Institute of Economic and Business Sciences, in Mindelo, promotes as of Monday the 5 days of Management and Accounting, which aim to bring students closer to the labour market, the organization said. The coordinator of the Management course and co-coordinator of the event, Cilene Sena, sait to Inforpress, …

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INTERVIEW: Cabo Verde needs to work on the perspective of competitiveness and better integration in Zlecaf – Economist

Praia, May 27 (Inforpress) – Economist José Agnelo Sanches said on Saturday that Cabo Verde needs to work on the prospective of competitiveness and better integration for future membership of the African Continental Free Trade Area (AfCFTA). The consultant for the  ​​African regional economic integration area also spoke to Inforpress during the African Day on …

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Jacinto Santos says micro finance is “essential piece” for ecosystem of financing

Praia, May 24 (Inforpress) – The president of the Professionals of Micro finance Institutions  Association in Cabo Verde (APIMF-CV) said Thursday that micro finance is an “essential piece” for the ecosystem of financing to the economy, which is under construction in Cabo Verde. Jacinto Santos, who was speaking to reporters right after the round-table discussion …

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“Every citizen with a bank account is the Government’s goal to combat informality” – Minister

Praia, May 24 (Inforpress) – The government hopes to every Cabo Verde citizen to have a bank account and everyone pay the taxes, so that everyone pays less, in a formalized economy, a target presented this Thursday by the Vice-Prime Minister and Minister of Finance. Olavo Correia, who spoke to journalists after presiding over the …

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INE hosts official launch ceremony of EU grant for strengthening National Statistical System

Praia, May 23 (Inforpress) – The National Institute of Statistics (INE) is hosting the official launch ceremony of the European Union grant on Thursday to improve the production of official statistics and strengthen the Statistical System National. According to a press release, the event will be marked with the official launch of the European Union …

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Fogo/Mosteiros: First stone for the restoring project of the Beco seafront launched this Thursday

São Filipe, May 22 (Inforpress) – The first stone for the restoring project of the Beco seafront, in Mosteiros, will be launched this Thursday, 23, by the Minister of Tourism and Transport and the Maritime Economy and by the mayor. The project for restoring the seafront and expansion of Beco beach, which is financed by …

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Minister of Finance says that the governor of the Central Bank has done “a good job”

Praia, May 22 (Inforpress) – The Minister of Finance Olavo Correia said on Tuesday in the City of Praia that the Governor of the Banco de Cabo Verde (BCV), João Serra, has done “a good job” and it has had “the best relations” with the Government. Olavo Correia spoke to the press moments before participating …

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