President Pedro Pires

Article Date : 24 November 2009                                     The island of Maio is emerging as the best place to buy homes in the Cape Verde archipelago, according to a property firm. Noscasa said the location is offering "fantastic prospects", with managing director Paul Akwei stating that the domestic market is figuring prominently in investment there. He remarked: "This is the island where wealthy Cape Verdeans are now looking to buy property because of its secluded beauty and close connections to [the] capital city [of] Praia." Mr Akwei commented that investment is growing and that now is ... Read Full Story

Article Date : 18 November 2009                                     Cape Verde is set for a new golf and property development that may help to expand the tourist rental sector in the archipelago. European Golf Design (EGD) and the Golf Environment Organisation (GEO) have revealed that they are teaming up on a number of projects, in order to ensure that EGD is able to produce sustainable and eco-friendly new facilities in its projects. One of these is a proposed extension to an existing Cape Verde complex. GEO chief executive Jonathan Smith said: "We want to get involved in ... Read Full Story

Article Date : 29 October 2009                                     Cape Verde's property sector could see a major boost from the tourist industry thanks to the launch of a new inter-island ferry service. Until now the one way to get swiftly from one island to another in the archipelago has been by air and chief executive of real estate firm Norcasa Paul Akwei said the move could have a major impact. He stated: "This is a huge opportunity for the prosperity of Cape Verde and for anyone with invested interests in the islands, such as property." Mr Akwei ... Read Full Story

Cape Verde. Beautiful islands, friendly people, delicious food, but to get there is, at the present moment a nightmare. Like catching a bus in the Costa Del Sol, (which most of the time are late or non existent) Or buying a pack of cigarettes in the UK. (too expensive). There are so many advantages to going to Cape Verde until you get to the hurdle of getting a flight there. At the moment there are a few airlines going to the islands of Sal and Boavista, but then up comes an invisible wall when it comes to buying the ticket. For the time being, ... Read Full Story

Article Date : 06 October 2009                                     A recovery in homebuilding has been noted by the International Monetary Fund (IMF), following a mission by the body to the country. The IMF report following the recent visit to the archipelago said: "Foreign direct investment has stabilised and construction on several private investment projects has resumed." It praised the policies of the country's government and said that it is showing solid signs of recovery from the effects of the world economic slowdown. The nation has also been "weathering the global economic crisis from a position of strength", ... Read Full Story