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.
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