Cape Verde Customs Modernizes with WCO Support

Cape Verde Customs Modernizes with WCO Support

The WCO, through the WACAM project, is assisting Cape Verde Customs in optimizing customs clearance procedures. A Time Release Study (TRS) was conducted to improve trade efficiency, reduce costs, and attract investment. The TRS aims to identify bottlenecks in the clearance process and provide recommendations for streamlining procedures. This initiative supports Cape Verde's efforts to enhance its competitiveness and integrate more effectively into the global trading system. The focus is on faster release times, which directly benefits businesses and promotes economic growth.

01/07/2026 Customs Knowledge
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Cape Verde WCO Launch Trade Efficiency Study

Cape Verde WCO Launch Trade Efficiency Study

With support from the WCO-WACAM project, Cape Verde Customs is preparing its first Time Release Study (TRS) to identify bottlenecks, optimize customs procedures, and enhance trade competitiveness. Through WCO expert workshops and public-private partnership action plans, Cape Verde aims to fulfill the Trade Facilitation Agreement, establishing an efficient and transparent customs system to promote economic development. The TRS will provide valuable data for informed decision-making and targeted reforms, ultimately streamlining the flow of goods and boosting Cape Verde's participation in global trade.

01/20/2026 Customs Knowledge
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Mosteiros Airport Enhances Travel Efficiency in Cape Verde

Mosteiros Airport Enhances Travel Efficiency in Cape Verde

This article provides a comprehensive flight guide to Mosteiros Airport (MTI), covering airport overview, location, facilities, flight information, practical tips, and additional resources. It aims to help travelers better understand the airport and ensure a smooth and enjoyable journey. By reading this guide, you can easily grasp all the essential information about Mosteiros Airport, allowing you to be well-prepared for your trip to Cape Verde. It provides key details to help you navigate the airport and plan your travels effectively.

01/20/2026 Airport Codes
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Cape Verde Customs Modernizes with WCOWACAM Efficiency Initiative

Cape Verde Customs Modernizes with WCOWACAM Efficiency Initiative

Supported by the Swedish-funded WCO-WACAM project, the Cabo Verde Tax Authority enhanced its project management and business process optimization capabilities through capacity building missions, laying a solid foundation for customs reform. Brazilian customs experts shared their experiences to help modernize Cabo Verde Customs, optimize clearance procedures, improve service quality, and promote trade facilitation, ultimately achieving the vision of becoming a modern and efficient customs organization.

01/20/2026 Customs Knowledge
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Guide to Navigating Praias Nelson Mandela International Airport

Guide to Navigating Praias Nelson Mandela International Airport

This article provides detailed information about Praia International Airport in Cape Verde, including its IATA code (RAI) and ICAO code (GVFM). It emphasizes the importance of understanding airport codes and briefly introduces the tourist attractions of Cape Verde, aiming to help readers easily plan their trips to Cape Verde. It serves as a concise guide for travelers seeking essential information about the airport and the destination.

01/20/2026 Airport Codes
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Maersk Expands Cape Verde Logistics to Boost Global Trade

Maersk Expands Cape Verde Logistics to Boost Global Trade

Maersk introduces tailored logistics services for the Cape Verde market, encompassing end-to-end inland transportation, integrated logistics solutions, and a user-friendly online booking experience. This initiative aims to simplify supply chain processes, enhance trade efficiency, and empower businesses to overcome market challenges in Cape Verde and capitalize on growth opportunities. By streamlining operations and providing comprehensive support, Maersk seeks to facilitate business expansion and contribute to the economic development of the region.

09/28/2025 Logistics
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Wcos WACAM Project Boosts Customs Collaboration in Cape Verde

Wcos WACAM Project Boosts Customs Collaboration in Cape Verde

The WCO's WACAM project assisted Cape Verde Customs in establishing a stakeholder engagement mechanism to enhance transparency, facilitate trade, combat smuggling, and achieve customs modernization. This initiative fostered collaboration and improved communication between customs authorities and various stakeholders, leading to more efficient and effective customs operations. The project's success highlights the importance of stakeholder involvement in driving customs reform and promoting economic growth.

01/22/2026 Customs Knowledge
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BFI Bank Cape Verde Simplifies SWIFT Transfers for Global Clients

BFI Bank Cape Verde Simplifies SWIFT Transfers for Global Clients

This article provides a detailed analysis of BFI Bank (Cape Verde)'s SWIFT code, BFIICVCVXXX, explaining its application scenarios and emphasizing the importance of verifying information before remittance. It also offers essential information for receiving international remittances, branch details (for reference only), frequently asked questions, remittance method selection, and security tips. The aim is to assist users in conducting international remittances safely and efficiently. Confirming details like the correct SWIFT code and account number is crucial to avoid delays or complications.

09/02/2025 International Settlement
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WTO WCO Aid Cape Verde in Customs Reform to Enhance Trade

WTO WCO Aid Cape Verde in Customs Reform to Enhance Trade

The WCO-WACAM project assists Cape Verde in implementing the WTO Trade Facilitation Agreement. Through support for measures categorization assessment and Time Release Study (TRS), it aims to simplify customs clearance processes, reduce trade costs, and improve trade efficiency. The project not only enhances Cape Verde's compliance capabilities but also provides valuable experience for other developing countries, jointly promoting global trade facilitation. This initiative is crucial for boosting economic growth and competitiveness in Cape Verde by streamlining trade procedures and reducing associated costs.

12/30/2025 Customs Knowledge
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