AGRIBUSINESS

Since the government has established conditions on the mobilisation/collection of water and management of river basins, there are huge business opportunities in the agriculture sector.

It is a sector with a large potential for growth in the consumer market due to the prospect of large hotel chains appearing.

There is an upward trend in the domestic market due to the gradual population increase and the growth in migration and tourism. The population currently stands at around 500,000, on top of around 500,000 tourists and migration flow from West Africa, adding considerable weight to the domestic market.

Similarly, trade agreements such as ECOWAS bring good prospects to export companies, which can also gain access under preferential conditions to the European Union and the United States.

Main business opportunity:

• The tourism value chain (supplier)
• Strengthening of national production (vegetables, meat, eggs etc., to replace part of the imports)
• Hydroponic Cultivation, and through drip irrigation
• Transfer of production and transformation knowledge and technologies

Download tax benefits for the agricultural sector

Download tax benefits for the agricultural sector (English)

Consult the graphics on the water sector at Cabo Verde (English)

Consult the graphics on the agricultural sector in Cabo Verde (Portuguese)