Portuguese Cape Verde Algiers between the Portuguese government and the PAIGC, recognising the independence of Guinea-Bissau and the right to independence of Cape Verde. On 5 July 1975, at Praia, Portugal's Prime Minister Vasco Goncalves turned over power to National Assembly President Abilio Duarte, and Cape Verde became independent. Portuguese Cape Verde Cape Verde was a colony of the Portuguese Empire from the initial settlement of the Cape Verde Islands in 1462 until the independence of Cape Verde in 1975. The islands of Cape Verde were discovered between 1460 and 1462 by Portuguese and Genoese sailors in the service of the Portuguese Crown.
Cape Verde–European Union relations Bosnia and Herzegovina. In terms of respect of democracy the Freedom house report ranks Cape Verde top in Africa and again Cape Verde has a better ranking than that of some designated "potential candidate or member countries" of the EU: Bosnia and Herzegovina, Croatia, and Albania. Most of the imports and exports of Cape Verde are for and from the European Union, and it has a service-based economy. Its currency, the escudo, is pegged to the euro. Although the Cape Verde archipelago is geographically in Africa, there have been similar situations before. Cyprus is an island nation that, despite being