Africa Monitor

Africa Monitor Intelligence

Cape Verde: Fallout Between Government and Spanish Businessman in Caixa Económica

Cape Verde: Fallout Between Government and Spanish Businessman in Caixa Económica

The lack of understanding with the Government regarding the future of Caixa Económica de Cabo Verde (CECV) motivated the withdrawal of businessman Enrique Bañuelos de Castro (EBC) from the acquisition of Geocapital's stake (27.44%) via International Holding Cabo Verde (IHCV), in CECV. READ MORE