AGP Executive Report
Last update: 6 hours agoInter-Island Connectivity: ATR delivered a new ATR 72-600 for CVsky, Cabo Verde’s domestic carrier. Two leased aircraft are due to join the two already in service, adding capacity on routes vital to travel and economic activity across the islands. Aviation Investment: Lufthansa was selected to buy up to 49.9% of TAP Air Portugal for about $1.3 billion, subject to approval. TAP serves several Cabo Verde destinations, linking the islands to Lisbon and onward markets. Business Finance: BAI Cabo Verde joined its parent group’s international banking meetings at Sibos 2026, where the group held more than 50 discussions on trade finance, payments and other partnerships. CAF Funding: After a strategy conference in Cabo Verde, the football body raised annual grants to its 54 member associations by 33%, to $700,000 each. Tax Standing: Cabo Verde remains among seven African economies recognised by the EU as meeting its tax-governance standards, with no outstanding corrective measures.
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