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Cabo Verde Strike Impacts Flights
The cabin crew strike in Cape Verde is disrupting the travel plans of over 1,000 passengers, affecting domestic flights on both Thursday and Friday.
Américo...
Cabo Verde Pursues Privatization in Key Sectors
Cape Verde's government is emphasizing privatizations and strategic partnerships, as outlined in their latest Public Enterprise Sector Performance Report.
The report outlines plans to complete...
EU Plans to Boost Maritime Security Ties with Cabo Verde
The European Union's top diplomat, Josep Borrell, expressed a need to strengthen the relationship with Cape Verde.
This idea emerged after he met with Ulisses...
Cabo Verdeans in Brazil Seek Direct Flights
Since the 2020 pandemic, Cabo Verdeans in Brazil have lost direct flights to their homeland.
Now, a four-day journey through Lisbon costs up to $3,000....
Cabo Verde Makes Strong Debut in Finance Rankings
Cabo Verde is the leading Portuguese-speaking nation in an African finance index backed by the United Nations Economic Commission for Africa.
Today, the country's stock...
Cabo Verde Sees 2.6% Inflation Drop
In September, Cabo Verde's inflation rate reached 2.6%, the National Statistics Institute (INE) reported, marking a 0.3% dip from August.
This change continues the previously...
Cabo Verde’s banking system is resilient but not free of credit concerns
In 2022, Cabo Verde's Central Bank (BCV) highlighted the persistent resilience of the country's financial system.
However, it raised concerns over the significant levels of...
Cabo Verde’s exports rise by 32.3% in Q2 2023, Spain main buyer
Cabo Verde experienced a 32.3% increase in exports in the second quarter of 2023, reaching a total of €15.2 million, a €3.7 (US$4.1) million...
Cabo Verdes GDP shrank 20.8% by 2020, recovery underway due to tourism revival
In 2020, Cabo Verde's GDP shrank by 20.8% compared to the previous year, according to the National Statistics Institute (INE).
This contraction was primarily driven...
Cabo Verde sells 50% of gold reserves in 2022 and receives US$30.6 million in return
In 2022, the Bank of Cabo Verde (BCV) reported the sale of half its gold reserves, which amounted to EUR 27.4 (US$30.6) million .
According...
The fee that replaces visas for tourists in Cabo Verde earned over €16 million in 2022
Cape Verde collected more than €16 million in 2022 with the Cape Verdean Airport Security Fee, introduced in 2019 to end mandatory tourist visas,...
Cabo Verde wants solar parks on four islands within two years
The Cape Verdean government has opened a tender to build and put into operation by June 2025 solar plants on four islands, totaling nearly...
Cabo Verde has a US$9.2 million deficit in public accounts in January
According to the summary report of the January budget execution, to which Lusa had access today, this performance continued to be conditioned by the...
Foreign investment in Cabo Verde rises 5.7% through June, boosted by Portugal
According to the latest monthly statistical report from the Bank of Cabo Verde (BCV), the archipelago attracted more than 4,904 million escudos (US$44.1 million)...