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French investment of €7.2 M to build hotel on the Cape Verdean island of Maio

French investors plan to set up a hotel unit with 60 suites in Porto Inglês, on the Cape Verdean island of Maio, in a €7.2 million investment that will create 60 jobs locally.

According to the government dispatch that grants special status such as tax benefits to the installation by the developers, the investment involves the construction of a hotel that offers high-end tourism and responsibility under the ‘Adults Only’ concept.… Read More

European Union gives Maio Cape Verde 17 ME to requalify ports and create jobs

Ilha do Maio is the most benefited from the package of 17 million Euros donated to Cape Verde by the European Union. The information was provided by the Deputy Prime Minister, on the sidelines of the signing of the investment agreement aimed at improving port infrastructure and fostering development in the Islands of Maio and Sal.… Read More