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AGENDA

  • 08/12/23 - 8:42 pm
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First issue of blue bonds results in 350 000 Escudos (CVE) more than the initial amount by 100 million escudos CVE

Praia, Mar 8 (Inforpress) – The first issue of blue bonds launched by the Cabo Verde Stock Exchange and carried out by the International Investment Bank (iib) resulted in 350 000 Escudos (CVE), higher by 100 000 Escudos (CVE) than the initial amount of CVE 250 million escudos (CVE).

According to the president of the Cape Verde Stock Exchange, Miguel Monteiro, the operation whose results were presented today was a success with demand exceeding supply, reaching over 350 million Escudos (CVE).

Initially there were 25,000 bonds made available to the public, priced at 10 000 Escudos (CVE) each, with a maturity of five years and an interest rate of 4%, to finance projects in the area of the blue economy.

However, since the beginning, the Stock Exchange and the issuing entity have left open the possibility of increasing the bonds of the first public subscription offer of this year by up to 10 thousand if the demand justifies it.

MJB/ZS/JG

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    São Vicente: Ministry of the Sea presents final version of the National Strategy for the Sea 2023-2033 Mindelo, Dec 8 (Inforpress) – The government is preparing to present the National Strategy for the Sea 2023-2033 and its action plan, an instrument for planning, operationalising and implementing economic and social development related to the sea and the economic activities it supports. The Ministry of the Sea said that the presentation workshop should take place on the 19th in the conference room of the Chamber of Commerce of Barlavento, in Mindelo, followed by a debate/clarification session. The same source clarified that the National Strategy for the Sea 2023-2033 came from the responsibility of the National Directorate of Maritime Policy (DNPM) to propose and develop measures that promote the competitiveness of the sector, aiming to make the country a maritime logistics platform in the Middle Atlantic. It will provide answers to the “major challenges” of the decade and will strengthen Cape Verde’s position and visibility in the region and the world as a “historically and geographically maritime” nation. AA/ZS Inforpress/End

    08/12/23 - 2:54 pm

    São Vicente: Ministry of the Sea presents final version of the National Strategy for the Sea 2023-2033 Mindelo, Dec 8...

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