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–Guinea-Bissau relations Residentes em Cabo Verde. Despite their shared language and culture, immigrants from Guinea-Bissau are often viewed as "manjacos", a derogatory term used for people from mainland Africa and the legalisation of Guinea-Bissauans in Cape Verde has been long delayed. Cape Verde–Guinea-Bissau relations Cape Verde–Guinea Bissau relations refers to the bilateral relationship between the Republic of Cape Verde (Cabo Verde) and the Republic of Guinea-Bissau. Cape Verde is an island country about 900 km north-west of Guinea-Bissau, a coastal West African country. Both were colonies of the Portuguese Empire and they campaigned together for independence with a plan for unification, but