New banknotes come into circulation in Cabo Verde

9 October 2015

The new 500 and 5,000 escudo banknotes are already in circulation in Cabo Verde (Cape Verde), with the 200 escudo note honouring poet Jorge Barbosa (1902-1971) and the 5,000 escudo note featuring the country’s first president, Aristides Pereira (1923-2011) weekly newspaper A Semana reported.

The 500 escudo banknote also highlights the island of Santiago, the birthplace of Jorge Barbosa, a founder of the Claridade literary movement that marks a phase of contemporary aesthetics and language in Cabo Verde and which called for cultural, social and political emancipation of society, bringing attention to the realities of daily life.

The newspaper also wrote that the poetry of Jorge Barbosa translates the archipelago’s problems and the social drama of the Cape Verdean people, in constant struggle with adversity due to drought, famine, emigration, isolation and insularity.

The 5,000 escudo banknote is also a tribute to the home of Aristides Pereira, Boa Vista Island, and depicts a landscape with the chimney of a pottery factory buried by sands in the foreground. (macauhub/CV)