Cape Verde's AI market is expected to reach approximately USD 45 million in 2026, driven by increasing digital infrastructure and government initiatives. The adoption rate among local businesses is projected to be around 28%, indicating a steady integration of AI solutions across sectors such as tourism, finance, and agriculture. Investments from both public and private sectors are fueling innovation and startup growth, fostering a vibrant AI ecosystem in the country.
With a focus on developing local talent, Cape Verde is anticipated to have about 120 data scientists working in AI-related roles by 2026. The government’s investment of CVE 150 million underscores its commitment to digital transformation. The rise of 35 AI startups highlights a nascent but expanding industry, promising further technological advancements and economic diversification in the coming years.