diff --git a/.github/workflows/stellar-build-and-test.yml b/.github/workflows/stellar-build-and-test.yml
index 978229f9..cac0ef80 100644
--- a/.github/workflows/stellar-build-and-test.yml
+++ b/.github/workflows/stellar-build-and-test.yml
@@ -1,4 +1,4 @@
-name: Build and Test Stellar contracts
+name: Build and Test Stellar Contracts
 on:
   push:
     branches:
@@ -14,6 +14,7 @@ on:
 defaults:
   run:
     working-directory: contracts/soroban
+
 jobs:
   Build:
     name: Build Stellar Contracts
@@ -24,6 +25,30 @@ jobs:
         with:
           submodules: true
 
+      - name: Cache Cargo Registry
+        uses: actions/cache@v3
+        with:
+          path: ~/.cargo/registry
+          key: ${{ runner.os }}-cargo-registry-${{ hashFiles('**/Cargo.lock') }}
+          restore-keys: |
+            ${{ runner.os }}-cargo-registry-
+
+      - name: Cache Cargo Index
+        uses: actions/cache@v3
+        with:
+          path: ~/.cargo/git
+          key: ${{ runner.os }}-cargo-index-${{ hashFiles('**/Cargo.lock') }}
+          restore-keys: |
+            ${{ runner.os }}-cargo-index-
+
+      - name: Cache Build Target
+        uses: actions/cache@v3
+        with:
+          path: target
+          key: ${{ runner.os }}-cargo-target-${{ hashFiles('**/Cargo.lock') }}
+          restore-keys: |
+            ${{ runner.os }}-cargo-target-
+
       - name: Install stable toolchain
         uses: actions-rs/toolchain@v1
         with:
@@ -38,6 +63,5 @@ jobs:
           cargo install --locked soroban-cli
 
       - name: Build & Test Stellar Contracts
-        working-directory: contracts/soroban
         run: |
-            soroban contract build
+          soroban contract build