History of Cape Verde Guinea (now Guinea-Bissau). This largesse ultimately backfired on the Portuguese, however, as literate Cape Verdeans became aware of the pressures for independence building on the mainland, while the islands continued suffering from frequent drought and famine, at times from epidemic diseases and volcanic eruptions, and the Portuguese government did nothing. Thousands of people died of starvation during the first half of the 20th century. Although the nationalist movement appeared less fervent in Cape Verde than in Portugal's other African holdings, the African Party for the Independence of Guinea and Cape Verde (PAIGC, acronym for the Portuguese "Partido Africano da Independência
Economy of Cape Verde strengthen multilateral trading system. Being part of the WTO will enable Cape Verde to continue its integration into the world economy." The following table shows the main economic indicators in 1980–2017. Economy of Cape Verde Cape Verde is a small archipelagic nation that lacks resources and has experienced severe droughts. Agriculture is made difficult by lack of rain and is restricted to only four islands for most of the year. Most of the nation's GDP comes from the service industry. Cape Verde's economy has been steadily growing since the late 1990s, and it is now officially considered a country of