Lusophone Compact Presents Investment Opportunities to Accelerate Inclusive Development at 15th Community of Portuguese-Speaking Countries (CPLP) Summit

Strategic Insights -

Representing a community of over 300 million people across four continents, with a combined GDP of $2.3 trillion in 2024, the Community of Portuguese-Speaking Countries (CPLP) holds immense potential for trade, investment, and inclusive economic transformation. The Lusophone Compact, an initiative by the African Development Bank in partnership with the Governments of Portugal and Brazil, supports private sector investment in the six African member states of the CPLP, aiming to promote inclusive private sector development, mobilize blended finance and technical assistance, strengthen economic resilience and regional integration, and align with national development priorities and the CPLP's economic agenda.

Key Takeaways:

  • The Lusophone Compact aims to promote inclusive private sector development, mobilize blended finance and technical assistance, strengthen economic resilience and regional integration, and align with national development priorities and the CPLP's economic agenda.
  • The Compact supports private sector investment in the six African member states of the CPLP: Angola, Cabo Verde, Guinea-Bissau, Mozambique, São Tomé and Príncipe, and Equatorial Guinea.
  • In 2024, the CPLP had a combined GDP of $2.3 trillion, with over 300 million people across four continents.
  • The Compact's flagship achievement is the Cabeólica Project in Cabo Verde, a large-scale public-private wind energy project that supplies over 20% of Cabo Verde's electricity and creates over 150 local jobs.
  • The project avoids the emission of thousands of tons of CO2 annually and has become a benchmark for sustainable infrastructure and innovative finance in the region.
  • The Lusophone Compact presents a unique opportunity for Portuguese-speaking countries to lead a new era of investment-driven development.

Statistics:

  • The CPLP has a combined GDP of $2.3 trillion, with over 300 million people across four continents.
  • The Cabeólica Project in Cabo Verde supplies over 20% of Cabo Verde's electricity.
  • The project avoids the emission of thousands of tons of CO2 annually.
  • Over 150 local jobs have been created in Cabo Verde as a result of the Cabeólica Project.

Sources:

  • M2 Communications, "Lusophone Compact Presents Investment Opportunities to Accelerate Inclusive Development at 15th Community of Portuguese-Speaking Countries (CPLP) Summit," July 23, 2025.
  • African Development Bank Group (AfDB), "Learn more about the Lusophone Compact here," (https://apo-opa.co/44ZMHGt).