Overseas funding in Cabo Verde rises 5.7% by June, boosted by Portugal

In line with the newest month-to-month statistical report from the Financial institution of Cabo Verde (BCV), the archipelago attracted greater than 4,904 million escudos (US$44.1 million) in international funding from January to June this 12 months – primarily within the tourism sector – in comparison with almost 4,639 million escudos (US$41.8 million) in the identical interval of 2021.

Overseas direct funding in Cabo Verde was once more led by Portugal within the first half of the 12 months, with nearly 984 million escudos (US$8.9 million).

Nonetheless, it was nonetheless a step down from the 1,107 million escudos (US$10 . . .

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