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Cape Verde’s Airport and Air Security Company (ASA) will take out a 268 million-escudo loan with Deutsche Bank to finance the modernization of Sal’s Amílcar Cabral International Airport in order to make the facility safer and more competitive.

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The average inflation rate for the twelve month-period ending in October stood at 4.5%, according to data announced yesterday by the National Statistics Institute (INE). The figure stood at 5.1% in Praia, 4.8% in rural zones and 2.5% in São Vicente. 11/11/2006

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