- Political and Social stability;
- Duty free and Quota free for the USA (and ECOWAS countries (West Africa);
- European Union special Partnership;
- good incentives;
- Pacific.
Geography
The Cape Verde archipelago is a country of geographical contrasts and diverse landscapes. The majority of the islands are mountainous, with rugged and contrasting terrain, where imposing mountains dissolve into lowlands and long sandy beaches with warm waters, and where the green of the plant life blends with the earthy tones of an almost desert-like landscape. There are also flat islands (Sal, Boavista, and Maio), which boast long sandy beaches and emerald green waters.
Country profile
- Area: 4.033 km2/10 Islands
- Population: 525.000 Estimated
- Climate: Dry tropical, with an average temperature of 25° and 22°, with two seasons, the longest dry season that lasts most of the year, and the wet from August to October
- Ethnic diversity: Creole (mulatto) 71%, 28% African, European (1%)
- Major religions: Christian (Roman Catholic and Protestant)
- Capital: City of Praia
- Coin: Cape Verdean Shields (CVE); 1 EURO (€) = 110.265 Shields (CVE)
- Political system: Multi. Cabo Verde has a stable parliamentary regime today.
- Official Languages: Portuguese and Creole. English and French are used as working languages
- Schedule: CVT (UTC-1)
- International code: 238
Political Stability
- Good governance 3rd best in Africa – Mo Ibrahim Found;
- Country first class Freedom House
- 27th Democracy in the world
- Lack of corruption (Intern. Transparency) 2nd in Africa and 39th in the world
Social Stability
- Human development – UNDP third in Africa
- Quality of life-EIUnit Index 3 in Africa
- Average literacy rate-95% of the youth population
Economic Stability
- Economic Freedom, 3rd ECOWAS and 9th in Africa (Economic Freedom Index-Heritage Foundation, 2018)
- 4th in Africa on Internet access
- 4th in Africa in the ICT Development Index (IDI) and 1st in West Africa
- 9th in Africa in the development of infrastructures (Africa Infrastructure Development Index)
- Guarantee of investor rights and sectoral tax benefits
International agreements-access to Markets
- Special partnership with the European Union
- ECOWAS (milhões 5.1 km2 and 349 million inhabitants)
Economic Community of West African States (ECOWAS). Created in May 1975 by the Treaty of Lagos, ECOWAS is a group of 15 countries whose mandate is to promote economic integration in all areas of activity in the Member States. These ECOWAS member States are Benin, Burkina Faso, Cabo Verde, Côte d'ivoire, the Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Sierra Leone, Senegal and Togo.
The AGOA (African Growth and Opportunity Act) is a law of Congress, promulgated by then-President Bill Clinton and aims to encourage trade and investment in sub-Saharan Africa, with the expansion of the generalized system of preferences (GSP), in about 1800 products, guaranteeing preferential access under a duty of 0%, and no quota restriction, with the exception of textile articles , which are governed by specific provision.
Community of Portuguese-speaking countries. are part of the community: Angola, Brazil, Cabo Verde, Guinea Bissau, Equatorial Guinea, Mozambique, Portugal, Sao Tome and Príncipe and East Timor
The CAD Fund is one of the main instruments to encourage Chinese investment in Africa, having already invested in 84 projects in 36 countries in Africa, the amount of around 3.2 billion USD.
