AGP Executive Report
Last update: 12 hours agoTrade and Investment: Indonesian and West African businesses met to explore joint ventures in agriculture, food, fisheries, manufacturing, energy and infrastructure. Indonesia’s ambassador to Senegal is also accredited to Cabo Verde, but no Cabo Verde-specific deal was announced. Inter-island Aviation: CVsky has received a new ATR 72-600 under lease, with a second aircraft expected in early 2027. The expansion will add capacity to domestic routes vital for mobility and economic activity across the islands. Financial Markets: Cabo Verde climbed six places to 13th in the 2026 Africa Financial Markets Index, the biggest rise among countries surveyed. Stronger foreign-exchange reserves and new sustainable-finance initiatives helped lift its ranking. Air Links to Europe: Lufthansa was selected to acquire an initial 44.9% stake in TAP Air Portugal, subject to regulatory approval. TAP serves several Cabo Verde destinations, making the carrier’s future network and fares important for island businesses and travellers connecting through Lisbon.
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