AGP Executive Report
Last update: 12 hours agoFootball Funding: CAF has raised annual grants to each of its 54 member associations to $700,000, up 33%. The increase was announced at a strategy conference in Sal and is intended to support administration and football development. Aviation: Lufthansa has been selected to buy an initial 44.9% stake in TAP Air Portugal in a deal valued at about $1.3 billion. TAP serves several Cabo Verde destinations, making its future network and fares important for passengers and businesses; the deal still needs regulatory approval. Financial Markets: Cabo Verde climbed six places to 13th in the 2026 Africa Financial Markets Index, with stronger foreign-exchange reserves and new sustainable-finance initiatives cited as gains. Air Connectivity: Local carrier CVsky has agreed to lease an ATR 72-600 from Avation, a step in its fleet plans.
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