AGP Executive Report
Last update: 10 hours agoCAF Funding: The Confederation of African Football is raising annual grants to member associations to $700,000, up from $525,000. Announced at its strategy conference in Sal, the increase means more funding for Cabo Verde’s football federation. Inter-island Connectivity: CVsky has received a new ATR 72-600, with a second aircraft due under its lease agreement. The added capacity supports essential travel between islands and wider economic activity. Trade and Investment: An Indonesia–West Africa business forum explored partnerships in agriculture, fisheries, manufacturing, energy and infrastructure. Indonesia’s ambassador is also accredited to Cabo Verde, though no specific deals were announced. Regional Investment Climate: ECOWAS’s investment review points to reforms and digitised investor services across the region, alongside persistent currency, infrastructure and climate risks. Cabo Verde’s report is still being processed. Economic Outlook: UNCTAD projects African growth of 4.1% this year, while warning that imported energy costs, high borrowing rates and reduced aid could weigh on businesses and public budgets.
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