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Cape Verde Opens  Embassy In Nigeria, Calls For Increased Trade Relations

November 20, (THEWILL) – Cape Verde on Saturday pledged better cooperation and increased trade relations with Nigeria.

The Minister of Cape Verde, Jose Silva, who made the pledge in Abuja on Saturday at the official opening of the first ever Cape Verdean Embassy in Nigeria, stressed  that tourism and transportation would top the areas of cooperation.

Speaking to newsmen after the official opening of the Embassy, Silva said the inauguration of the embassy was a great step toward better cooperation and regional integration.

“The opening of this embassy means to strengthen the relationship between Cape Verde and Nigeria both politically and culturally.

“Also, we will strengthen our relationship with Cape Verde as well as its integration within the ECOWAS region.

“We are going to lure more private investments to Cape Verde, we want to bring more tourists from Nigeria. We already have many travelers from Nigeria to Cape Verde.

“We already have some investments there from other African countries like the Floating Hub which is an investment by a Malian.

“We believe that politically and culturally we have a lot to offer, even as a tourist destination”, he said.

He noted that the current trade volume between both countries was low, but expressed optimism that going forward, the volume will be on the increase.

“The trade volume between Nigeria and Cape Verde is pretty much weak for now, but, when it comes to trade, it is important to increase or improve the maritime and airline connections to increase the figures.

“Also, when it comes to free trade zones, it would play an important role if you invest in the connection between the region and Cape Verde in order to raise the figure,” he added.

Silva said that his country, being the only Island-country in West Africa, sought to be well known within the sub-region.

“We seek greater integration of markets, trade, connectivity, private investments and tourism. Cape Verde wishes to position itself as an air and digital hub in Africa and integrate regional value chains in trade and industry,” he added.

He harped on the need for regional integration and good implementation of the African Continental Free Trade Area (AfCFTA).

The Prime Minister was accompanied by the Minister of Foreign Affairs of Cape Verde, Rui Soares.

THEWILL reports that the new and first Ambassador of Cape Verde to Nigeria is Belarmino Silva