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Cabo Verde
17 June 2019

Cloud computing from Macao arriving in Cabo Verde
Macao-based tech company Bringbuys Web Technology is taking firm strides to establish itself in the archipelago, which has ambitious plans for e-governance.
28 May 2019

Cabo Verde revamps air and maritime transport
Air and maritime transports have long been identified as a major bottleneck for economic growth and development of Cabo Verde. Flying to Lisbon, Portugal, is often cheaper than flying between islands, and moving goods internally is also expensive for local companies. A revamp of air and maritime transports, a priority for the local Government, is finally taking form, but with mixed prospects.
22 May 2019

David Chow’s Macau Legend Development downsizing Cabo Verde casino-resort project
Initially estimated at USD 250 million, David Chow's Macau Legend Development casino-resort project in Cabo Verde was well received when it was first presented in 2015.
05 March 2019

Putting Cabo Verde on the map
Visitor numbers to Cabo Verde are continuing to grow year-on-year but there are fears that the focus on all-inclusive hotels restricts the development of local restaurants, cafes and other tourist sector businesses.
25 January 2019

Cabo Verde government takes over biggest bank
The government of Cabo Verde has taken a majority stake in the country’s largest bank, Caixa Económica de Cabo Verde (CECV), and the company that was previously its largest shareholder has sold its entire holding.
25 October 2018

Cabo Verde projects of Macau’s David Chow face new hurdles
The ambitious projects of Macao businessman David Chow Kam Fai in Cabo Verde are facing new hurdles in the form of an examination by its central bank. It may not grant him permission to open a new bank there. So Chow is exploring investment opportunities in Mozambique instead.
06 September 2018

Insurance Mediation in Cabo Verde has New Rules
Insurance undertakings continue to have to comply with the obligations relating to the accounting and reporting system for the Bank of Cabo Verde relating to their analytical situation for the purposes of the Chart of Accounts for Insurance Companies.
27 July 2018

New panorama on the banking system of Cabo Verde
The Cabo Verde banking system started a process of rapid change in 2017, a new reality is now visible, with the second largest bank in the hands of the State and the others with a diversification of the origins of foreign capital, including Macao.
26 March 2018

Cabo Verde aims for 100% renewable energy power generation by 2020-25
The government is pushing ahead with its ambition of becoming the first country in the world to source all of its electricity from renewable energy technologies.
11 March 2018

Macao businessman forges ahead with bank in Cabo Verde
The licensing process of Banco Sino-Atlântico in Cabo Verde, by Macao businessman David Chow is underway at the Bank of Cabo Verde.
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