IBOV 172,470.78 ▲ 0.66% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL5.56▼ 0.39% USD/MXN18.61▼ 0.07% USD/CLP984.27— 0.00% USD/COP3,273▼ 0.03% USD/PEN3.41▼ 0.05% USD/ARS1,544▼ 0.11% USD/UYU40.52▲ 3.70% USD/PYG6,174▲ 1.84% USD/BOB11.63▲ 0.92% USD/DOP60.48▲ 0.13% USD/CRC446.01▲ 1.66% USD/GTQ7.64▲ 3.18% USD/HNL26.90▲ 0.20% USD/NIO36.62▲ 1.17% USD/VES899.36▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 2.33% USD/TTD6.72▲ 2.23% EUR/BRL6.16▼ 0.19% BRENT 92.99 ▲ 1.64% WTI 86.94 ▲ 1.05% IRON ORE 161.91 — — COPPER 6.29 ▲ 1.13% GOLD 4,003 ▼ 0.69% SILVER 52.03 ▲ 1.81% SOY 1,232 ▲ 0.61% CORN 446.25 ▼ 0.61% WHEAT 597.50 ▲ 0.80% COFFEE 264.75 ▼ 2.45% SUGAR 18.50 ▲ 2.27% ORANGE JUICE 146.05 ▼ 0.48% COTTON 82.35 ▲ 4.65% COCOA 5,054 ▲ 6.58% BEEF 218.28 ▼ 0.42% CATTLE 326.90 ▼ 1.04% LITHIUM 61.19 ▲ 2.02% PETR4 44.20 ▼ 1.67% VALE3 64.48 ▼ 0.49% ITUB4 41.73 ▲ 1.29% BBDC4 14.48 ▼ 0.41% ABEV3 15.78 ▼ 0.06% BBAS3 17.12 ▲ 0.12% B3SA3 14.75 ▲ 1.86% WEGE3 51.90 ▲ 1.86% PRIO3 61.48 ▲ 2.43% SUZB3 54.35 ▼ 0.20% RENT3 30.14 ▲ 1.17% AZZA3 15.03 ▲ 2.04% CSAN3 2.93 ▲ 9.33% RAIZ4 0.30 ▼ 98.77% PCAR3 2.60 ▲ 1.56% GMAT3 3.99 ▲ 4.72% PSSA3 45.81 ▼ 1.84% CVCB3 0.89 ▲ 3.49% POSI3 3.26 ▲ 3.49% SLCE3 17.11 ▲ 0.12% NATU3 5.58 ▲ 0.54% BRKM5 2.94 ▲ 0.68% RANI3 8.45 — 0.00% CSNA3 4.43 ▲ 1.14% IBOV 172,470.78 ▲ 0.66% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL 5.56 ▼ 0.41% USD/MXN 18.60 ▼ 0.11% USD/CLP 983.43 ▼ 0.08% USD/COP 3,273 ▼ 0.03% USD/PEN 3.41 ▼ 0.04% USD/ARS 1,544 ▼ 0.11% USD/UYU 40.52 ▲ 3.70% USD/PYG 6,174 ▲ 1.84% USD/BOB 11.63 ▲ 0.92% USD/DOP 60.48 ▲ 0.13% USD/CRC 446.01 ▲ 1.66% USD/GTQ 7.64 ▲ 3.18% USD/HNL 26.90 ▲ 0.20% USD/NIO 36.62 ▲ 1.17% USD/VES 899.36 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 2.33% USD/TTD 6.72 ▲ 2.23% EUR/BRL 6.17 ▼ 0.18% BRENT 92.99 ▲ 1.64% WTI 86.94 ▲ 1.05% IRON ORE 161.91 — — COPPER 6.29 ▲ 1.13% GOLD 4,003 ▼ 0.69% SILVER 52.03 ▲ 1.81% SOY 1,232 ▲ 0.61% CORN 446.25 ▼ 0.61% WHEAT 597.50 ▲ 0.80% COFFEE 264.75 ▼ 2.45% SUGAR 18.50 ▲ 2.27% ORANGE JUICE 146.05 ▼ 0.48% COTTON 82.35 ▲ 4.65% COCOA 5,054 ▲ 6.58% BEEF 218.28 ▼ 0.42% CATTLE 326.90 ▼ 1.04% LITHIUM 61.19 ▲ 2.02% PETR4 44.20 ▼ 1.67% VALE3 64.48 ▼ 0.49% ITUB4 41.73 ▲ 1.29% BBDC4 14.48 ▼ 0.41% ABEV3 15.78 ▼ 0.06% BBAS3 17.12 ▲ 0.12% B3SA3 14.75 ▲ 1.86% WEGE3 51.90 ▲ 1.86% PRIO3 61.48 ▲ 2.43% SUZB3 54.35 ▼ 0.20% RENT3 30.14 ▲ 1.17% AZZA3 15.03 ▲ 2.04% CSAN3 2.93 ▲ 9.33% RAIZ4 0.30 ▼ 98.77% PCAR3 2.60 ▲ 1.56% GMAT3 3.99 ▲ 4.72% PSSA3 45.81 ▼ 1.84% CVCB3 0.89 ▲ 3.49% POSI3 3.26 ▲ 3.49% SLCE3 17.11 ▲ 0.12% NATU3 5.58 ▲ 0.54% BRKM5 2.94 ▲ 0.68% RANI3 8.45 — 0.00% CSNA3 4.43 ▲ 1.14%
since 2009
Wednesday, November 11, 2026

Africa Lusophone World

49 Years of Independence: Cabo Verde’s Journey and Challenges

By · · 2 min read

On July 5, Cape Verde commemorates 49 years of independence from colonial rule. The movement, led by Amílcar Cabral, sought a self-sustaining nation.

However, many Cape Verdeans today feel the country still relies heavily on external support and struggles with internal development.

Retired Colonel Júlio Monteiro, who raised the flag on Independence Day in 1975, reflects on the nation’s progress.

Free daily brief — no card needed
Get every Africa story in one morning email
We build you a personalized brief around the topics you follow — free for 7 days. Love it? Your first month after that is US$1.

He believes Amílcar Cabral’s ideals remain unfulfilled, highlighting issues like youth emigration, tourism policies favoring foreigners, and reliance on imports.

Cape Verde faces severe droughts, forced emigration, food insecurity, poor inter-island connectivity, and low wages.

49 Years of Independence: Cabo Verde's Journey and Challenges
49 Years of Independence: Cabo Verde’s Journey and Challenges.
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

Paulo Varela, spokesperson for the African Party for the Independence of Cape Verde (PAICV), stresses the need for self-sufficiency.

Africa Intelligence

One email, every weekday morning. African markets, politics and business — filed from our newsroom in Rio.

Yesterday’s subject line: “Polisario orders mobilisation as UN mission lapses”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

The major challenge remains producing enough food to feed the population and reducing dependence on imports, which currently account for 80 to 90% of consumed goods.

Varela warns that past famines in 1920 and 1947 could recur if global conflicts arise.

He calls for developing a national fishing fleet and improving agriculture to bolster food production. These steps are essential for the “second phase of independence.”

Health, education, agriculture, infrastructure, and youth employment need significant improvement.

Challenges and Aspirations in Cape Verde

Environmental activist and educator Nelson Santos acknowledges the progress made but stresses the need for continued efforts. These years mark significant economic and social achievements.

However, ongoing challenges like democratic tolerance, inter-island transport, environmental protection, justice, and sustainable agriculture still require attention.

President José Maria Neves defends Cape Verde‘s progress but calls for enhanced political engagement and democratic consolidation.

Elevating political debate with strong arguments and discussing issues affecting the people, such as transport, poverty, inequality, and unemployment, is crucial.

Achieving consensus and understanding in critical moments is necessary for the proper functioning of institutions.

As Cape Verde marks 49 years of independence, its citizens challenge leaders to focus on the common good.

They aspire to the vision of a prosperous, self-reliant nation, as dreamed by Amílcar Cabral.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

Part of our ongoing coverage

Africa: The New Scramble — the great-power contest over the continent.

More from Western Africa

Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.