Cape Verde to Grow 4.7% Amid European Slowdown Risks

Cape Verde’s economy will grow by 4.7% in 2024 and 4.8% in 2025, says the African Development Bank (AfDB). This optimistic forecast, however, comes with warnings. The AfDB notes risks from a European economic slowdown, critical for Cape Verde’s tourism. The AfDB report, presented in Nairobi, identifies key threats. These include oil supply disruptions, slow […]

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