Bank of Cape Verde Raises 2026 Inflation Forecast to 2.7%
The Bank of Cape Verde has raised its 2026 inflation forecast to 2.7% due to global geopolitical tensions and rising
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Tag: Cape Verde economy
Banco de Socorro: Cape Verde’s Traditional Micro-Credit System
Discover Banco de Socorro, Cape Verde's traditional informal micro-credit system run by women to foster community savings, entrepreneurship, and solidarity.
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Cape Verde Import Prices Rise in March: Ending Decline Trend
Cape Verde import prices rose 0.3% in March due to fuel and machinery costs, ending a months-long decline despite a
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UCID Leader Aims to Shatter Cape Verde’s Absolute Majorities
UCID leader João Santos Luís aims to end absolute majorities in Cape Verde's parliament, proposing economic reforms and decentralization for
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Cape Verde Fuel Prices Rise 4.4% in May Amid Subsidies
Cape Verde fuel prices rise 4.4% in May. Government subsidies prevent a 42% spike amid Middle East conflict impact. See
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Cape Verde Elections: MpD Unveils ‘Growth into Income’ Plan
Prime Minister Ulisses Correia e Silva launches the MpD manifesto for Cape Verde's elections, focusing on minimum wage hikes and
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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
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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
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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
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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
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