AGP Executive Report
Last update: 5 hours agoGlobal Finance: Cabo Verde’s 2025 turn chairing the IMF-World Bank annual meetings was a rotating, ceremonial role, India’s former IMF director said as he challenged Pakistan’s claim that its 2027 appointment signals financial leadership. Economic Pressures: UNCTAD projects African growth of 4.1% this year, but warns imported energy costs, shrinking aid and expensive borrowing could constrain governments and households. AFCON Debate: At a football conference in Praia, CAF President Patrice Motsepe signalled the biennial tournament could return; the proposal is expected to go to a vote on November 21. Football Funding: CAF raised annual grants to each member association, including Cabo Verde’s, to $700,000, up 33%. Regional Diplomacy: Cabo Verde backed all 49 African proposals for November’s ITU conference, while Serbia approved a diplomatic-passport visa-waiver agreement with Cabo Verde. Tax Governance: Cabo Verde remains among African countries recognised by the EU for tax cooperation, with no outstanding corrective commitments.
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