The defender has yet to play competitively for Swansea City.
The newspaper claims Cabango has attracted interest from Bayer Leverkusen and VFL Wolfsburg, after impressing the scouts sent to monitor his progress in recent weeks.
The 18-year-old has yet to make a competitive appearance for Swansea but has been a regular for loan club, The New Saints, this season.
And it's suggested he could be the latest Brit to be lured to the Bundesliga, after Jadon Sancho and Rabbi Matondo - Cabango's fellow Welshman.
Cabango is under contract for another two seasons at Swansea, whose failure to make an instant return to the Premier League is likely to have a negative impact on the club's finances.
The Wales Under-19 centre-back appeared in TNS's Champions League and Europa League qualifiers earlier this season.
Can Swansea turn down £2.5 million for Cabango?
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