Cabo Verde Focuses on the Blue Economy for Growth and Sustainability
Matthew Walker2024-06-10T12:39:28-05:00June 10, 2024 Cabo Verde has demonstrated resilience in the post-COVID-19 pandemic recovery, but the crisis has exposed weaknesses primarily reliance on tourism for economic development and risks from underperforming State-Owned Enterprises (SOEs). Unfortunately, climate change continues to exacerbate these shortcomings. In its report, Cabo Verde Economic Update 2024, the World Bank examines the state