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Soltrópico vacation package sales up 57% thanks to direct flights to Boa Vista
Tuesday, 14 July 2009 21:42    PDF Print E-mail

Yet another sign that the opening of Boa Vista’s international airport is having an influence on tourist agencies, even in the midst of the financial crisis, is the fact that Portuguese travel agency Soltrópico saw its revenues jump 56.5% in the first half of 2009 thanks to the sale of tourist packages to the island, which shot up 75.6%.

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Fitch Ratings predicts 7% budget deficit for Cape Verde
Friday, 26 June 2009 13:10    PDF Print E-mail

According to Fitch Ratings, the Cape Verdean state’s revenues “are below budget forecasts,” and, as a result, the budget deficit will likely be “more than 7% of GDP” this year, considerably more than the 5% mentioned by the government.

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Government creates corporation to make agricultural lands in Angola productive
Friday, 26 June 2009 13:06    PDF Print E-mail

The Cape Verdean government has created a public capital corporation to manage the agricultural lands it was given in Angola by that country’s authorities as a part of bilateral cooperation between the two states. The corporation, which has social capital of 5 million escudos underwritten by the State of Cape Verde, is charged with elaborating, approving and executing strategic and management plans for the development of farming, agriculture and rural tourism on the space, located in the Angolan province of Kwanza Sul.

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Portugal’s foreign trade and investment agency promotes Cape Verde-themed event
Tuesday, 02 June 2009 20:50    PDF Print E-mail

Portugals Agency for Foreign Investment and Trade will promote an event today, June 2, entitled "ABC Mercado Cabo Verde" in its auditorium in Portuguese capital Lisbon. The event is aimed at providing information and knowledge to companies planning to begin or that have recently begun international operations in Cape Verde.

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New EU aid “requires greater efficiency,” according to Finance Minister
Saturday, 30 May 2009 01:04    PDF Print E-mail

The € 32 million with which the European Union will finance the fight against poverty in Cape Verde between now and 2011 "is a sign of a high level of confidence" in the government, according to affirmations made today, May 28, by Minister of Finances and Public Administration Cristina Duarte.

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