 Business in Cape Verde, Praia
Syllabus of the Subject: Foreign Trade and Business in Cape Verde
- Introduction to the Republic of Cape Verde (West Africa)
- Doing Business in Praia
- Cape Verdean Economy
- Tourism sector
- Foreign Trade (Import, Export) of Cape Verde
- Business and Investment Opportunities in Cape Verde
- Cape Verde Investments
- Access to the Cape Verdean Market
- Business Plan for Cape Verde
Cape Verdean Preferential trade agreements:
- Cape Verde and the West African Economic Area
- Economic Community of West African States (ECOWAS)
- African Continental Free-Trade Area (AfCFTA)
- African Growth and Opportunity Act (AGOA)
- European Union:
- Africa-European Union Strategic Partnership
- Generalised System of Preferences
- Special Partnership Agreement (SPA) with the EU
The aims of the Subject “Foreign Trade and Business in Cape Verde” are the following:
- To analyse the Cape Verdean Economy and Foreign Trade (Import, Export, FDI)
- To know the business opportunities in Cape Verde
- To explore the Cape Verdean trade relations with the country of the student
- To know the Cape Verdean Free Trade Agreements
- To develop a business plan for the Cape Verdean Market
Sample of the Subject - Doing Business in Cape Verde:

Description of the Subject: Foreign Trade and Business in Cape Verde.
Cape Verde: one of the World's fastest growing tourism sector
The Republic of Cape Verde:
- Archipelago formed by ten Islands (Atlantic Ocean)
- Capital of Cape Verde: Praia
- Area of Cape Verde: 4,033 square kilometres
- Cape Verdean population: 491,000 inhabitants
- Life expectancy: 70 years
- Cape Verdean Official language: Portuguese
- Cape Verdean language:
Creole
- Politics: Democratic Semi-Presidential with multiparty system
- Nearest countries (by sea) to Cape Verde: Senegal, the Gambia, Guinea
Bissau, Mauritania, and Spain (Canaries)
- Independence of Cape Verde: 1975 (Portugal)
More information about Cape Verde
(African Portal - EENI Global Business School).

Main religions in Cape Verde:
- Christianity - Catholicism (90% of the Cape Verdean population).
- African Traditional Religions
Cape Verde belongs to the West African Economic Area (African Civilisation).
Economy of Cape Verde (Africa):
- Leading in civil liberties, political rights, and stability in Africa (Freedom House Report)
- Uncorrupt bureaucracy
- Service oriented economy
- The main sectors of the Cape Verdean economy are services (70% of the GDP, mainly tourism), agriculture (bananas, potatoes, sugar-cane, coffee, and peanuts), fish, and textiles
- Industry sector: 8% of the Cape Verdean GDP
- Informal sector: 70% of jobs/25% of the GDP
- Cape Verdean GDP growth: 3.1%
- Inflation in Cape Verde: 1.8%
- Main
trade partners of Cape Verde: Euro-Zone countries (mainly Portugal)
- Currency of Cape Verde: the Cape Verdean Escudo (peg to the euro)
- Special regime for SME
- Existence of Free-Zone Enterprises
- Open to Foreign direct investment (FDI)
- 90% of the food is imported

Economic Organisations. Cape Verde is a member of:
- Economic Commission for Africa (ECA)
- Forum on Sino-African Cooperation
- African Development Bank
- Africa-India Economic Cooperation
- Community of Portuguese Speaking Countries
- Africa-Japan
- Afro-Arab Cooperation
- Arab Bank for Economic Development in Africa (BADEA)
- New Partnership for Africa's Development (NEPAD)
- African Union
- Convention on Preventing and Combating Corruption
- Africa-South America Summit (ASA)
- Africa (Cape Verde)-Asia Strategic Partnership
- World Customs Organisation (WCO)
- United Nations (UN)
- World Bank
(WB)
- World Trade Organisation (WTO)
- International Monetary Fund
(IMF)

(c) EENI Global Business School
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