Inflation in Cape Verde would exceed 12% with no measures to address the war in Ukraine
Cape Verde’s Deputy Prime Minister, Olavo Correia, said yesterday in parliament that inflation in the country could reach 12% if no measures were taken to […]
Olavo Correia
Cape Verde moves forward with Guarantee Fund to mitigate risks
The Cape Verdean Deputy Prime Minister, Olavo Correia, said that “the conditions are already created” to launch the Guarantee Fund, as a mechanism to “recover […]
Germans interested in producing green hydrogen in Cape Verde
German company Syntech Fuels GmbH plans to produce green hydrogen and synthetic fuels from waste on the islands of Santiago and Boa Vista, according to […]
Social benefits attributed by Cape Verde increase in 2023
The Deputy Prime Minister of Cape Verde, Olavo Correia, yesterday rejected changing the forecasts that are included in the draft state budget for 2023, despite […]
Austria funds a desalination plant in the Cape Verdean island of Boa Vista
Cape Verde’s Deputy Prime Minister, Olavo Correia, announced a financing agreement with the Bank of Austria for 10 million euros to install a desalination plant […]
Cape Verde prepares plan to pay debts of 32 million euros to ECOWAS
Cape Verde’s Deputy Prime Minister Olavo Correia said Wednesday that the government is negotiating a plan to repay a 32 million euro debt to the […]
United Nations provide 115 ME to Cape Verde in new cooperation program
The United Nations will provide 115 million euros to Cabo Verde in a new cooperation programme (2023-2027), which will help the country prepare for shocks […]