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Cabo Verde
31 January 2023

“Displeased” David Chow moves to close Cabo Verde consulate in Macao
Businessman David Chow has resigned from his position as Honorary Consul of Cape Verde in Macau, and is moving to close the diplomatic representation, dissatisfied with the way his investments have been handled in the African country.
31 January 2023

Mozambique and Cabo Verde to lead Portuguese-speaking countries GDP growth in 2022
Mozambique and Cabo Verde will lead GDP growth in Portuguese-speaking countries, according to United Nations (UN) forecasts.
25 January 2023

Chinese cooperation fundamental for the development of Cabo Verde, President says
Cabo Verde President José Maria Neves said that the friendship, solidarity and cooperation between his country and China has been “fundamental” for the country’s development.
23 January 2023

China-Africa trade surges to a record USD 282 billion in 2022
Trade between China and Africa surged last year to a record USD 282 billion, an 11 per cent year-on-year increase, the the second consecutive year of growth after the Covid-19 pandemic hit trade in 2020.
12 January 2023

2023 GDP growth estimate kept by World Bank for Brazil and lowered for African countries
The World Bank has revised downwards the economic growth forecast for all Portuguese-Speaking African Countries (PALOP), while keeping that of Brazil.
09 January 2023

Cabo Verde 2023 State Budget introduces new tax incentives
Cabo Verde´s State Budget for 2023, which entered into force on January 1, includes new tax incentives, and keeps a wide range of existing benefits and tax incentives that aim to promote investment and employment.  
19 December 2022

Cabo Verde Government awaits “recovery plan” for David Chow´s Casino
Cabo Verde´s investment promotion agency is awaiting the presentation of a "recovery plan" for David Chow´s hotel-casino in the capital city Praia, which is facing “some difficulties”.
12 December 2022

Chinese Communist Party in Cabo Verde do “deepen friendship”
A Chinese Communist Party (PCC) delegation visited Cabo Verde do "deepen friendship" and strengthen cooperation with the authorities of the African archipelago.
25 November 2022

Japan and China finance with EUR15 million health facilities in Cabo Verde
Japan and China will finance new health facilities in Cabo Verde´s São Vicente island, with a combined value of USD 15 million, according to the local press.
21 November 2022

Cabo Verde wants to privatise nine public companies by 2026 
Cabo Verde wants to privatise nine public sector companies, from telecommunications and transport to banking, by 2026, according to a resolution by the Council of Ministers that revokes a 20-strong list drawn up back in 2017.
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