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
Catholic Church in Cape Verde Catholic Church in Cape Verde The Catholic Church in the Cape Verde is part of the worldwide Catholic Church, under the spiritual leadership of the Pope in Rome. There are over 430,000 Catholics in the country which represents over 90% of the total population. The country is divided into two dioceses: Mindelo and Santiago de Cabo Verde. The Catholic Church was established by Portuguese traders in 1533 on the island. Diplomatic relations between the Vatican and Cape Verde were established in 1976. The Diocese of Mindelo was divided from the original Diocese of Santiago in 2003, creating the current configuration