S&P Affirms Cape Verde Sovereign Rating as Tariff Relief Extended

Cape Verde · ECONOMY Key Facts —Rating affirmed: S&P Global Ratings confirmed the Cape Verde sovereign rating at B+/B with a positive outlook on 7 August 2026, after upgrading it from B on 6 February 2026. —Reserve buffer: The February upgrade cited foreign currency reserves above €1 billion, alongside fiscal consolidation and strong tourism and…