With the aim of attracting its own foreign investors and meeting international requirements in the fight against money laundering and terrorist financing, Cape Verde is committed to creating a transparent legal framework.

On Saturday, July 29, a new meeting of the Interministerial Commission for Coordinating Policies to Prevent and Combat Money Laundering, Terrorist Financing and the Proliferation of Weapons of Mass Destruction took place in Praia last Saturday, July 29. On the occasion, the Minister of Justice Joana Rosa said that Cape Verde is committed to creating a transparent legal framework. For the minister, the phenomenon of money laundering creates distortions in competition between good and bad investors and “big problems” in competitiveness. Thus, the Commission discussed “important issues” such as the issue of valuations for sectors important for the country's development, such as tourism and real estate.