Economy of Cape Verde 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 average development, being only the second African country to have achieved such transition, after Botswana in 1994. Cape Verde has significant cooperation with Portugal at every level of the economy, which
RTC (Cape Verde) and added several operators and capacitors began. On August 1, 1997, a television channel were added and is the first in all of Cape Verde and broadcast a few programs, sporting events, documentaries and more. Until 1997, Cape Verde was one of several nations that did not have a television channel, up to around the mid-1990s, television was non-existent in the country. The network was founded on May 1997 by the Minister of Social Communications José António dos Reis. It merged with Radio Nacional de Cabo Verde (RNCV) and Televisião Nacional CaboVerdiana (TNCV). The network was the first to broadcast