| Cape Verde Stock Exchange proposes strategic alliances to Equatorial Guinea | ||||
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The president of the Cape Verde Stock Exchange, Veríssimo Pinto, has proposed strategic alliances, partnerships and protocols regarding the money market to authorities from Equatorial Guinea. The proposal was presented during the visit by Equatorial Guinea’s president, Teodoro Obiang Mbasogo, to the Cape Verde Stock Exchange installations, where he was shown a number of projects on the Cape Verdean money market. Veríssimo Pinto (photo) clarified that in Cape Verde, there is no restriction to investments from foreign entities, as is the case in many other countries. “The investors in our Stock Exchange can disinvest and transfer their money to any other country without any restrictions whatsoever,” he stressed. The Cape Verde Stock Exchange president assured Equatorial Guinea’s authorities that Cape Verdean law guarantees all due protection to investors and that Cape Verde’e rules and platforms are modern and efficient. The Cape Verde Stock Exchange, according to Veríssimo Pinto, also offers “unbeatable tax advantages” in comparison to other financial markets, including tax exemption for dividends, public debt, investment funds and other products. Pinto also explained that “investors can participate in strategic businesses with high returns, sharing risk and success with Cape Verdean investors and those from other countries, and with all of the security Cape Verdean law offers.” |
