Cape Verde economic performance was bolstered by one of the fastest growing tourism industries in the world, as well as by substantial capital inflows that allowed Cape Verde to build up national currency reserves to the current 3.5 months of imports. Unemployment has been falling rapidly, and the country is on track to achieve most of the UN Millennium Development Goals – including halving its 1990 poverty level. In 2007, Cape Verde joined the World Trade Organization (WTO) and in 2008 the country graduated from Least Developed Country (LDC) to Middle Income Country (MIC) status. Cape Verde has significant cooperation with Portugal
African Party for the Independence of Cape Verde African Party for the Independence of Cape Verde The African Party of Independence of Cape Verde () is a former socialist party and currently a social-democratic political party in Cape Verde. Its members are nicknamed “os tambarinas” in Portuguese (the tamarinds), and they identify themselves with the color yellow. In 1956, its forerunner, the African Party for the Independence of Guinea and Cape Verde (PAIGC), was founded by the Bissau-Guinean nationalist leader Amílcar Cabral. PAIGC fought to overthrow the Portuguese Empire, unify Cape Verde and Guinea-Bissau, and use its vanguardism to advance socialist revolution. From 1961 on, the PAIGC fought