Cape Verde to deepen bilateral ties with China

Cape Verde and China are looking to further deepen bilateral ties .This was highlighted during a visit by Chinese Foreign Minister Wang Yi to the west African archipelago.

Chinese foreign minister met with Cape Verde President Jorge Carlos Fonseca and Prime Minister Ulisses Correia e Silva separately in the capital Praia.

The two countries agreed to work towards developing the Island’s marine economy which will see the construction of a special marine economic zone in Sao Vicente.

Other areas that the two countries are also looking to develop is tourism, infrastructure and human resource development.

China also welcomed Cape Verde to participate in the “Belt and Road Initiative”, especially the construction of the Maritime Silk Road.

Chinese investments in the Island nation have grown over the years. The China-Africa Development Fund (CADF) is funding a minimum of $25 million worth of projects in the country.