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Transportation in Cape Verde

  • Routes Africa forum aims to improve African air connectivity

    BOTSWANA, 2016/05/15  An event dedicated to the development of the African aviation industry will take place next month in Tenerife (26-28 June) to encourage the launch of new air services to, from and within the African continent. Routes Africa 2016 will help to improve African connectivity by bringing together airlines, airports and tourism authorities to discuss next air services. Around 250 route development professionals are expected to attend the forum which was founded ten years ago to stimulate increase in the industry.

  • American company restructures Cape Vedean airline’s debts

    CAPE VERDE, 2016/01/26 Cabo Verde (Cape Verde) will re-hire US consultancy Brown Rudni to negotiate and restructure the debts of flagship airline Transportes Aéreos de Cabo Verde (TACV). The Boston law firm provided advisory services to TACV a the end of last year to study the company’s restructuring in order to “reduce costs and improve efficiency in management and operations.”

  • Cabo Verde’s (Cape Verde’s) flagship airline Transportes Aéreos de Cabo Verde (TACV)

    CAPE VERDE, 2014/05/14 Cabo Verde Handling, the company that will provide ground services for aircraft, passengers, luggage, cargo and mail, has by presently been set up but will remain under the umbrella of Cabo Verde’s (Cape Verde’s) flagship airline Transportes Aéreos de Cabo Verde (TACV) until a buyer is found, Cape Verdean weekly newspaper A Semana reported. The company has starting capital of 188 million escudos, according to its articles of association, which is the price of the assets and equipment it presently owns to provide ground services.

  • A Chinese company has shown interest in the privatisation of Cabo Verde’s flagship airline

    CAPE VERDE, 2014/02/13 A Chinese company has shown interest in the privatisation of Cabo Verde’s flagship airline Transportes Aéreos de Cabo Verde (TACV), the archipelago’s minister for finance and Planning, Cristina Duarte said, cited by the Cape Verdean press. The minister, who did not name the Chinese company, said that the interest shown was due to TACV, inclunding power and water company Electra – Empresa de Electricidade e Água, starting to post positive results next a long restructuring process.

  • Transportes Aéreos de Cabo Verde (TACV) is on the list of companies due to be privatised

    CAPE VERDE, 2014/02/13 The handling company that is being set up by Cabo Verde airline Transportes Aéreos de Cabo Verde (TACV), to be transferred to airport manager Aeroportos e Segurança Aérea (ASA), is due to start operating in the initial quarter of this year, weekly Cape Verdean newspaper A Semana said. The new company, whose only shareholder will be ASA, will start operating with start-up capital of around 200 million escudos and 310 employees that will be transferred from TACV. The company is a spin-off of TACV following a restructuring process that has separated the flagship airline’s business areas, and the company will be based in the country’s airports.

  • Regular shipping line between Brazil and Cabo Verde

    BRAZIL, 2013/12/01 A regular shipping line between Brazil and Cabo Verde (Cape Verde) is due to be launched in the initial two weeks of December using the Agena ship owned by a Danish shipping company, Brazilian newspaper O Povo, from the national of Ceará, reported Tuesday. The route will be operated by Companhia Docas do Ceará (CDC) and Ceará Trade Brasil, and will link the port of Mucuripe, in Fortaleza, the capital of Ceará national, to the Cape Verdean ports of Praia and Mindelo. The current shipping route between Ceará and Cabo Verde links Fortaleza to the archipelago via the Brazilian port of Santos and the port of Lisbon in Portugal and takes 35 to 40 days to reach Cabo Verde.
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