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Cabo Verde can translate World Cup attention into economic opportunities, Makhtar Diop notes

Cabo Verde can translate World Cup attention into economic opportunities, Makhtar Diop notes
Cabo Verde World Cup spurs economic focus

Cabo Verde’s debut in the World Cup has brought international attention to the country. Makhtar Diop said the challenge now is to transform this visibility into lasting economic growth and create jobs. He noted that investments in airport connectivity and tourism, supported by IFC, aim to generate new opportunities for local communities.

Diop has previously discussed with Ethiopia's central bank governor how the IFC can help attract private investment into housing and agribusiness in Ethiopia. At the World Bank Group Meetings in Bangkok, he also focused on increasing private capital in emerging markets. These efforts reflect Diop’s ongoing engagement in leveraging investment for growth in developing countries.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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