The Cabo Verde banking system started a process of rapid change in 2017, a new reality is now visible, with the second largest bank in the hands of the State and the others with a diversification of the origins of foreign capital, including Macao.

The government is pushing ahead with its ambition of becoming the first country in the world to source all of its electricity from renewable energy technologies.

The licensing process of Banco Sino-Atlântico in Cabo Verde, by Macao businessman David Chow is underway at the Bank of Cabo Verde.