Latest news in Cabo Verde? September 5th, 2026

Energy Subsidies and Cost-of-Living Relief The government confirmed an allocation of up to €4.8 million under the 2026 Supplementary Budget to compensate electricity concessionaires (EDEC and AEB). The program, effective from September 1 through December 31, 2026, provides a 100% discount on electricity tariff hikes for social-tariff beneficiaries and a 70% discount for general consumers. 360 Mozambique+ 1Economic Growth in the Service Sector The National Statistics Institute (INE) released quarterly activity indicators showing a 12.4% year-on-year expansion in the services sector during the second quarter. The expansion was driven primarily by trade and automotive maintenance (+24.3%) as well as transport and logistics (+10.3%), alongside an 11.1% increase in gross wage remuneration indices. Cabo Verde+ 1UN Development and Capacity-Building Review A newly issued United Nations assessment for Cabo Verde emphasized strengthening institutional capacity, outlining priority areas of intervention in climate resilience, social inclusion, and digital administration. LusaNational Football Preparation Following the national team’s run to the Round of 32 at the 2026 FIFA World Cup, preparations are underway for the Blue Sharks’ upcoming 2027 Africa Cup of Nations qualification campaign, beginning with a Group K fixture against Rwanda in late September.