Monday, November 21, 2022
HomeNightlifeOverseas funding in Cabo Verde rises 5.7% by June, boosted by Portugal

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


Based on 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 overseas funding from January to June this yr – 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 yr, 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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