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Tag: Cape Verde economy

Cabo Verde Airlines Adds Brazil Route Amid Restructuring

Cabo Verde Airlines (TACV) launches a new Sal-Recife route to Brazil while facing a critical financial restructuring and state-mandated fiscal

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Cape Verde Tourism Booms: 9% Growth in Q2 2026 Guest Numbers

Cape Verde sees a 9% surge in tourists for Q2 2026, with Sal and Boa Vista remaining top destinations for

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Cape Verde Fuel Crisis: Fishermen and Drivers at the Brink

Rising fuel prices in Cape Verde are crippling the fishing and transport sectors, leaving workers struggling to survive as operational

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Cape Verde: New Business Hub for Brazil and Portugal

Brazil and Portugal leverage Cape Verde as a strategic business hub for West Africa, focusing on technology, renewable energy, and

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UN Urges Cape Verde to Shift to Investment-Led Growth

The UN urges Cape Verde to strengthen domestic capacity and shift to investment-led growth, focusing on the Blue Economy and

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Cape Verde Allocates €4.8M to Shield Households from Energy Costs

The Cape Verdean government allocates €4.8 million to shield households from rising electricity costs via social tariff discounts and utility

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Cape Verde Service Sector Surges 12.4% Amid Trade Boom

Cape Verde’s service sector grew 12.4% in Q2 2026, driven by a 24.3% surge in trade and a 10.3% rise

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Cape Verde Crackdown: New Food Safety & Hygiene Rules

Cape Verde’s IGAE announces a major crackdown on food safety and pricing fraud following alarming hygiene failures and recent restaurant

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Cape Verde Deficit to Double in 2026 Budget Revision

Cape Verde's Public Finance Council warns of a deficit spike to 1.9% of GDP in the 2026 revised budget amid

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Cape Verde Shifts to Technical Education to Boost Economy

Cape Verde launches a national plan to prioritize technical and vocational education to bridge the skills gap and drive economic

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