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
Cape Verde Cape Verde especially in crowds, such as market places, festivals, and celebrations. Often the perpetrators of these crimes are gangs of street children. Murders are concentrated in the major population centres of Praia and Mindelo. The culture of Cape Verde is characterized by a mixture of European and African elements. This is not a sum of two cultures living side by side, but a new culture resulting from an exchange that began in the 15th century. The Cape Verdean case may be situated in the common context of African nations, in which elites, who questioned European racial and cultural superiority