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
Literature of Cape Verde published in 1893. The first two libraries in the archipeolago first opened in the late 19th century during the colonial era, they were the "National Library and Museum" ("Biblioteca e Museu Nacional") in Praia and the "Mindelo Municipal Library" ("Biblioteca municipal do Mindelo") first opened in 1880. The rise of literature coincided with the rise of nationalism and independence in Cape Verde. Literature flourished in the 20th century. "Diário" was published in 1929 by Portuguese António Pedro, it would plant the seeds for the creation of Claridade along with the Portuguese magazine "Presença" which was also read in Cape Verde