The African Street Journal
West Africa · Capital Praia

Cabo Verde

5 briefs · updated 2026-08-21
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Business · 2026-08-21

Cape Verde opens 55,719 new payment accounts in 2025

A total of 55,719 new payment accounts were opened in 2025, according to a recent report. The system recorded 439,973 resident individual accounts by the end of the year, meaning 85.6% of the resident population now holds at least one bank account.

Why it mattersThe increase in account holders coincides with a reduction in physical infrastructure, as the number of bank branches fell from 129 to 127 due to the use of banking agents.

Business · 2026-08-21

Cape Verde maintains US fiscal transparency status

Cape Verde is among 73 nations that fully meet minimum budget integrity and public account management requirements. The status was confirmed in the latest US Department of State Fiscal Transparency Report.

Why it mattersThe designation is intended to strengthen the country's reputation with multilateral creditors, foreign investors, and development partners.

Politics · 2026-08-21

Cape Verde government meets mayors to align budget priorities

Prime Minister Francisco Carvalho held meetings with mayors from Santiago island to coordinate local priorities with the State Budget. Carvalho stated the government is conducting a round of direct dialogues with all municipalities.

Why it mattersThe meetings aim to ensure that local territorial needs are integrated into the national spending plan under a logic of equality.

Health · 2026-08-21

São Vicente reports zero dengue cases amid monthly mosquito studies

Health authorities in São Vicente have recorded no cases of dengue despite the presence of vectors. According to official Celso Martins, the Health Delegation is conducting monthly entomological studies and monitoring ports and airports.

Why it mattersThe surveillance system allows the island to identify malaria cases as primarily imported from endemic zones rather than locally transmitted.

Health · 2026-08-21

Health unions seek urgent salary updates for technicians

Unions met with the Minister of Health to demand the implementation of Career, Function, and Remuneration Plans (PCFR). Representative Luís Lima stated the ministry has acknowledged the professional claims and the existing PCFR processes.

Why it mattersThe requested updates would change the pay scales and career progression for auxiliary health technicians.