| The Chambers of Commerce of Cape Verde and Guinea Bissau have signed accords for business partnerships between business owners from the two countries. Agriculture, construction and services are the areas identified for potential partnerships between business owners from the two countries, whose respective governments are expected to help create the conditions to put the accords into action.
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| Between 2005 and 2007, Cape Verde grew at an annual average of 8.4%, according to data to be presented tomorrow, December 16, by the National Statistics Institute INE). According to the INE, the Cape Verdean economy grew 6.5% in 2005, 10.1% in 2006 and 8.6% in 2007.
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| The International Monetary Fund presented its seventh report on Cape Verde this week, praising the “prudent management” policies of the Cape Verdean government, which have allowed the country to weather the international financial crisis. The institute also mentioned the possibility of a gradual reduction in interest rates in the future.
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| Cape Verde is one of five African countries that will benefit from World Bank financing for fishing-sector projects. The financing accord was signed by Cape Verde’s ambassador to Washington, D.C., Fátima Veiga, and the World Bank representative for Cape Verde, Guinea Bissau, Mali and Senegal, Benjamin McDonald.
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| Eight microfinance institutions will undergo training this Friday in the realm of data base normalization. The course, which is being supported by the Millennium Challenge Account – Cape Verde, is aimed at raising the entities’ capacities in order for them to be able to normalize their data bases, thus making it easier for them to migrate to a new system in the future. The course will be administered by a consultant from Planet Finance – Brazil, Ricardo Linder, and will take place at the National Administration and Management Institute (INAG). |
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