LUSA 08/06/2026

Lusa - Business News - Cabo Verde: Electricity price impact reduction measures to be maintained

Praia, Aug. 5, 2026 (Lusa) - Cabo Verde's Multisectoral Economic Regulatory Agency (ARME) maintained the measures in place throughout August to mitigate the impact of the tariff increase in the electricity sector and extended the social tariff discount for consumers covered by it until December.

According to the resolution published in the Official Gazette on Tuesday, ARME implemented the tariff mitigation measures approved by Cabo Verde's government to reduce the impact of the electricity tariff increase on consumers.

The resolution stipulates that, throughout August, a 70% discount on the tariff increase is to be applied to the remaining categories of consumers served by the Cabo Verde Electricity Distribution Company (EDEC) and Águas e Energia da Boa Vista (AEB).

For beneficiaries of the social electricity tariff, ARME has determined that the applicable final tariffs will remain in place until 31 December, through a 100% discount on the tariff increase.

The regulatory authority notes that on 30 June, it updated the regulated electricity tariffs applicable to EDEC and AEB for a 6-month period.

With this new decision, ARME is keeping these tariffs in place and requiring companies to take the necessary measures to ensure full application of the government-set discounts.

In July, the Government had announced financial support for companies in the electricity sector, including EDEC and AEB, estimated at 130 million escudos (€1.18 million) for that month, with the aim of ensuring tariff stability.

The exceptional measures in force in the energy sector were adopted in March in response to the geopolitical situation in the Middle East and ended in June for fuel price regulation, whilst remaining in place in the electricity sector.

RS/ADB // ADB.

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