Cape Verde Unemployment Hits 4.9% as Job Market Expands
Cape Verde’s unemployment rate dropped to 4.9% in late 2025. Explore the latest labor market data, youth employment challenges, and
Read More
Category: Economy
Fitch Upgrades Cape Verde Outlook: Tourism and Debt Improve
Fitch upgrades Cape Verde’s economic outlook to positive. Discover how surging tourism and falling debt are boosting the archipelago's financial
Read More
WTO Chief: Macau to Lead Trade Push for Lusophone Nations
WTO chief Ngozi Okonjo-Iweala urges Macau to lead the integration of Portuguese-speaking nations like São Tomé and Príncipe into the
Read More
Cape Verde Banking Hits Record 24.8% Solvency Ratio
Cape Verde’s banking sector achieves record stability in 2025 with a 24.8% solvency ratio and low non-performing loans, despite warnings
Read More
Cape Verde Banking Sector Hits Near-Record Profits in 2025
Cape Verde's banking sector reports near-record profits in 2025, with liquidity hitting historic highs despite IMF warnings about economic concentration.
Read More
Cape Verde Accelerates Green Energy for Sovereignty
Cape Verde's Deputy PM Olavo Correia outlines plans to accelerate renewable energy transition to 80% by 2040 to ensure energy
Read More
IMF Warns of Stagnation for Mozambique’s Economy
IMF forecasts 0.5% growth for Mozambique in 2024 as foreign exchange shortages, global conflicts, and fiscal pressures stall the nation's
Read More
Cape Verde Inflation Steady at 2% Amid Rising Energy Costs
Cape Verde's inflation rate holds steady at 2% in March. Learn how the government is addressing rising energy and fuel
Read More
EU Invests €120M in Lusophone Africa & Timor-Leste Partnership
The EU marks 30 years of partnership with PALOP countries and Timor-Leste, investing €120M in infrastructure, justice, and culture. Explore
Read More
The Impact of Remittances on Cape Verde’s Economy
Explore how remittances from the diaspora serve as a financial lifeline for Cape Verde, contributing to 15% of GDP and
Read More