Cape Verde's e-commerce market is rapidly expanding, with revenues reaching approximately 150 million USD in 2026. Mobile commerce dominates, accounting for 65% of transactions, driven by widespread smartphone usage and improved internet infrastructure. The country's internet penetration has increased to 78%, facilitating greater online shopping activity among a growing middle class and young population.
Despite its small size, the e-commerce sector in Cape Verde shows promising growth potential, supported by increased digital literacy and payment system improvements. Consumer trust and logistics infrastructure improvements are expected to further boost online sales, making digital commerce a significant component of the nation's economic development. Continued investment in digital infrastructure will be crucial for sustained growth.