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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Tag: Cape Verde economy
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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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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