Cape Verdean migrants sent an average of US$750,000 per day in remittances to the archipelago in the first half of 2022, a 40% increase compared to the previous year.
In contrast, foreign currency remittances sent by migrants in Cabo Verde to their countries of origin decreased by 18 percent in the first half of the year compared to 2021, according to data from the Central Bank.
According to a Bank of Cape Verde (BCV) statistical report this month, remittances sent by emigrants from Cape Verde increased to nearly $158 million from January to June 2022, compared to the US. . .
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