Cabo Verde has long been a story of economic success, but growth decelerated in the last decade and has become more volatile - with implications for fiscal performance. Economic growth and social indicators improved significantly after the country's independence from Portugal in 1975, driven by...

The International Monetary Fund (IMF) provided technical assistance to the Banco Cabo Verde (BCV) on reforming and operationalizing its bank resolution framework. Cabo Verde's special resolution regime (SRR) has been in place since 2014, with the BCV serving as the Resolution Authority. It has...

Economic growth is estimated to have accelerated to 7.3 percent in 2024, driven by the strong performance of the service sector-particularly tourism-and a recovery in agricultural activity after nearly seven years of drought. The service sector contributed 5.4 percentage points-or 70 percent-of...

This report aims to contribute to fill those gaps, analyzing the tourism chain and SMEs access to finance the three African countries where tourism is a major economic sector: Cabo Verde, Sao Tome and the Gambia

Cabo Verde's recent strong economic growth is driven by tourism, exports, private consumption, and remittances, but hampered by slow government investment. The government has maintained macro-financial stability but faces risks from global uncertainties, supply chain issues, and commodity price...

This report identifies circular economy (CE) opportunities in the tourism sector in Cabo Verde, The Gambia, and Säo Tomé & Principe. The project focuses on enhancing circularity by advocating for policy changes, phasing out single-use plastics (SUP), and promoting innovative infrastructure and...

Cabo Verde's climate exposure, partly also because of its geography, is compounded by economic vulnerabilities. The country has experienced robust economic growth since the early 1990s and achieved a substantial reduction in poverty, but growth has been volatile and has slowed in recent years....

"Trade Policy Reviews" analyse the trade policies and practices of each member of the WTO. The reviews consist of three parts: an independent report by the WTO Secretariat, a report by the government, and the concluding remarks by the Chair of the WTO's Trade Policy Review Body. The opening...

The Country Opinion Survey in Cabo Verde assists the World Bank Group (WBG) in better understanding how stakeholders in Cabo Verde perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private...