Cape Verde will look to foreign partners for aid

Significance

The visit focused on climate change, renewable energy and tourism, among other things. It also reflects Cape Verde’s broader efforts to cultivate ties with the EU and other Western partners to help address climate, development, fiscal and security challenges.

Impacts

• The current government will look to improve maritime transportation between islands.
• Public and private sector wage containment efforts could spark a popular backlash.
• A rise in food and fuel prices could threaten the economic recovery, threatening the sustainability of public finances.