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Cape Verde’s international reserves exceed €650 million by April

According to central bank data, Cape Verde's Net International Reserves (NIR), needed to guarantee imports, grew to €656 million by April. According to the April...

Cape Verde negotiates resumption of tourism project of €117 million in Boa Vista

The promoters of the White Sands tourism 'resort', which provided in 2013 for an investment of €117 million in the Cape Verdean island of...

Cape Verde calls for “greater investment” in policies for teaching and learning Portuguese

In a message alluding to the World Day of the Portuguese Language, which is celebrated today, the Cape Verdean Minister of Foreign Affairs, Cooperation...

Cape Verde’s trade balance deficit worsens again in March

According to the statistical report of Foreign Trade of the Cape Verdean INE, this result was aggravated by the increase in imports, which grew...

TACV reconnects three Cape Verdean islands to Paris with two weekly frequencies

The state-owned company Transportes Aereos de Cabo Verde (TACV) announced today the resumption of flights between Praia, Sal, São Vicente, and Paris as of...

Movement at Cape Verdean airports rises to nearly 220,000 in March

According to official figures compiled by Lusa, the total movement of passengers at Cape Verdean airports and aerodromes rose more than 33 percent in...

Cape Verde: economic growth increases and the business climate is favorable

The pace of economic growth in Cape Verde recorded a slight increase in the first quarter of this year. According to data released today by...

Cape Verdean exports of canned goods and fish soared nearly 750% in January 

By Pedro Mbinza The value of Cape Verdean exports of canned and frozen fish soared almost 750% in January, compared to the same month in...

Almost 30% of young Cape Verdeans were unemployed in 2022

According to data from the INE report on Labor Market Statistics in 2022, consulted today by Lusa, Cape Verde ended the year with an...

Historic 17.7% growth in Cape Verde nullifies upwardly revised recession

The Cape Verdean economy has fully recovered from the fall caused by the 2020 Covid-19 pandemic, revised upwards by the INE, with the Gross...

Cape Verde had a record 835,945 tourists in 2022

By Adnardo Barros Cape Verdean hotels received a record 835,945 tourists in 2022, almost 31% of which were from the UK, and more than four...

Cape Verdeans’ savings hit a record high with 10% growth by 2022

By Adnardo Barros The savings deposits of Cape Verdeans in banks reached a record €82 million in 2022, a growth of 10% in one year,...

Cape Verde with record of over 835,000 tourists in 2022 – INE

According to the report Guest Movement in Cape Verde in 2022, with tourism statistics produced by INE, the number of guests last year surpassed...

Cape Verde’s state revenues up in January 

The revenues of the Cape Verdean state increased 58.9% in January, year-on-year, to more than €38.9 million, according to the summary report of the...

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