National Assembly (Cape Verde) National Assembly (Cape Verde) The unicameral National Assembly (Portuguese: "Assembleia Nacional") is the legislative body of the Republic of Cape Verde. The country's first legislative election took place in June 1975. The body was known as the National People's Assembly and its members came from the African Party for the Independence of Guinea and Cape Verde (PAIGC), which was the sole political party allowed to field candidates. They elected PAIGC Secretary-general Aristides Pereira President on 5 July 1975, when the country officially gained independence from Portugal. One-party elections were again held on 7 December 1980 with Pereira being re-elected unopposed
Bank of Cape Verde Bank of Cape Verde The Bank of Cape Verde () is Cape Verde's central bank. Its headquarter is located on Avenida Amílcar Cabral, in the national capital of Praia on the island of Santiago. Its current governor is João António Pinto Coelho Serra, who is in office since December 2014. The government established the Bank of Cape Verde in 1975, as a bank that combined commercial banking and central banking functions. The government created the bank by nationalizing the operations of the Portuguese colonial and overseas bank, Banco Nacional Ultramarino, which had established its first branch in Cape Verde in