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Tag: Cape Verde economy

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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Cape Verde PM Slams Former Gov Over ‘Mountain of Debt’

Cape Verde PM Francisco Carvalho slams the previous MpD administration over a 'mountain of debt' and economic struggles during the

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Cape Verde Orders Independent Audit of Statistics Agency

Cape Verde PM orders an independent audit of the National Institute of Statistics (INE) amid allegations of data manipulation and

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Cape Verde PM Accuses Predecessors of Deceiving IMF

Cape Verde PM Francisco Carvalho accuses the former MpD government of hiding a €72.6 million budget hole and deceiving the

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Cape Verde Faces €1.23B Annual Funding Gap, Says AfDB

The AfDB warns Cape Verde faces a €1.23 billion annual funding gap to meet development goals, highlighting tourism reliance and

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65% of Young Cape Verdeans Plan to Emigrate Amid Job Crisis

A new study reveals 65% of Cape Verde's youth plan to emigrate due to job shortages and low wages. Discover

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Cape Verde’s Economy: GDP, Public & Private Sector Insights

Explore Cape Verde's economic growth, from its tourism-driven GDP and public sector stability to the vibrant informal economy and diaspora

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