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Tag: Cape Verde economy

Cape Verde Trade Gap Widens: Import Prices Surge 21%

Cape Verde faces economic pressure as import prices surge 21.1% in July while export values decline, leading to a significant

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Cape Verde Opposition Denies Hidden Accounts Allegations

Cape Verde's opposition MpD denies 'hidden accounts' allegations, citing a Public Finance Council report that supports fiscal transparency and stability.

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Cape Verde Consumer Confidence Rises as Savings Hit Record Low

Cape Verde consumer confidence rises slightly in Q2 2026, yet 99.7% of households report an inability to save money amid

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Cape Verde President Warns Against Low-Wage Growth Model

President José Maria Neves warns Cape Verde must shift from low wages to innovation and structural reform to stop youth

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Cape Verde President Signs 2026 Budget for Health & Education

Cape Verde President José Maria Neves signs the revised 2026 budget, allocating millions to healthcare, education, and social protection programs.

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Cape Verde Money Supply Surges 12.5% on Foreign Asset Growth

Cape Verde's money supply grew 12.5% in June, driven by a 27.3% surge in net foreign assets and increased private

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Economic Hardship Fuels Migration in Guinea-Bissau & Cape Verde

New Afrobarometer study reveals nearly half of citizens in Guinea-Bissau and Cape Verde want to emigrate due to economic hardship

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Cape Verde Extends Electricity Subsidies to Shield Consumers

Cape Verde extends electricity subsidies through 2026 to protect low-income households and general consumers from rising energy costs and global

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Cape Verde Statistics Bureau Rejects PM’s Falsified Data Claims

Cape Verde’s Statistics Bureau (INE) denies Prime Minister Francisco Carvalho’s claims of falsified data, defending its integrity and IMF-aligned methods.

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Cape Verde Fuel Prices Rise 7% in August 2024 surge

Cape Verde fuel prices jumped by 6.86% in August, impacting petrol, diesel, and cooking gas costs. Learn how global energy

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