History of Cape Verde return, Portugal signed the 1975 Algiers Agreement. On July 5, at Praia, Portugal's Prime Minister Vasco Goncalves turned over power to National Assembly President Abilio Duarte, thus the colonial history of Cape Verde ended when Cape Verde become independent. However, there was no armed conflict in Cape Verde and ultimately independence for Cape Verde resulted from negotiation with Portugal. However, the catalyst for the independence of Cape Verde was the PAIGC branch in Guinea-Bissau, which launched an ultimately successful war against the Portuguese in Guinea-Bissau, who eventually compelled Portugal to accept independence for Cape Verde. Immediately following a November 1980
Cape Verde at every level of the economy, which has led it to link its currency first to the Portuguese escudo and, in 1999, to the euro. On 23 June 2008 Cape Verde became the 153rd member of the WTO. In early January 2018, the government announced that the minimum wage would be raised to 13,000 CVE (US$140 or EUR 130) per month, from 11,000 CVE, which was effective in mid-January 2018. The European Commission's total allocation for the period of 2008–2013 foreseen for Cape Verde to address "poverty reduction, in particular in rural and periurban areas where women are heading the