Business in Cape Verde, Praia

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Syllabus of the Subject: Foreign Trade and Business in Cape Verde (Course, Master)

  1. Introduction to the Republic of Cape Verde (West Africa)
  2. Doing Business in Praia
  3. Cape Verdean Economy
  4. Foreign Trade of Cape Verde
  5. Business and Investment Opportunities in Cape Verde
  6. Tourism sector
  7. Cape Verde Investments
  8. Access to the Cape Verdean Market
  9. Business Plan for Cape Verde

The aims of the Subject “Foreign Trade and Business in Cape Verde” are the following:

  1. To analyse the Cape Verdean economy and foreign trade
  2. To know the business opportunities in Cape Verde
  3. To explore the Cape Verdean trade relations with the country of the student
  4. To know the Cape Verdean Free Trade Agreements
  5. To develop a business plan for the Cape Verdean Market

The Subject “Doing Business in Cape Verde” is part of the following Online Higher Education Programs taught by EENI:
  1. Masters: Business in Sub-Saharan Africa, International Business, Foreign Trade
  2. Doctorates: African Business, Global Trade
  3. Diploma: Business in West Africa

Student, Online Doctorate in International Business

The course materials are available in Master in International Business in English or Study, Master in International Business in French Cap Verd Masters Foreign Trade in Portuguese Cabo Verde Study Master Doctorate Business in Spanish Cabo Verde.

Credits of the Subject “Foreign Trade and Business in Cape Verde”: 0.5 ECTS Credits

Area of Knowledge: Africa

Example of the Online Subject - Doing Business in Cape Verde:
Master Course: Business in Cape Verde





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Paterson Ngatchou: EENI Academic Coordinator for Anglophone Countries
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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:

  1. Archipelago formed by ten Islands (Atlantic Ocean)
  2. Capital of Cape Verde: Praia
  3. Area of Cape Verde: 4,033 square kilometres
  4. Cape Verdean population: 491,000 inhabitants
  5. Life expectancy: 70 years
  6. Cape Verdean Official language: Portuguese
  7. Cape Verdean language: Creole
  8. Politics: Democratic Semi-Presidential with multiparty system
  9. Nearest countries (by sea) to Cape Verde: Senegal, the Gambia, Guinea Bissau, Mauritania, and Spain (Canaries)
  10. Independence of Cape Verde: 1975 (Portugal)

More information about Cape Verde (EENI Business School African Portal).

Africa: Foreign Trade and Business (Master)

Main religions in Cape Verde:

  1. Christianity - Catholicism (90% of the Cape Verdean population).
  2. African Traditional Religions

Cape Verde belongs to the West African Economic Area (African Civilisation).

Economy of Cape Verde (Africa):

  1. Leading in civil liberties, political rights, and stability in Africa (Freedom House Report)
  2. Uncorrupt bureaucracy
  3. Service oriented economy
  4. 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
  5. Industry sector: 8% of the Cape Verdean GDP
  6. Informal sector: 70% of jobs/25% of the GDP
  7. Cape Verdean GDP growth: 3.1%
  8. Inflation in Cape Verde: 1.8%
  9. Main trade partners of Cape Verde: Euro-Zone countries (mainly Portugal)
  10. Currency of Cape Verde: the Cape Verdean Escudo (peg to the euro)
  11. Special regime for SME
  12. Existence of Free-Zone Enterprises
  13. Open to Foreign direct investment (FDI)
  14. 90% of the food is imported

Course: ECOWAS Economic Community of West African States

Cape Verdian Preferential trade agreements:

  1. Economic Community of West African States (ECOWAS)
  2. African Growth and Opportunity Act (AGOA)
  3. European Union:
    1. Africa-European Union Strategic Partnership
    2. Generalised System of Preferences
    3. Special Partnership Agreement (SPA) with the EU

Cape Verde is a member of:

  1. Economic Commission for Africa (ECA)
  2. Forum on Sino-African Cooperation
  3. African Development Bank
  4. Africa-India Economic Cooperation
  5. Community of Portuguese Speaking Countries
  6. Africa-Japan
  7. Afro-Arab Cooperation
  8. Arab Bank for Economic Development in Africa (BADEA)
  9. New Partnership for Africa's Development (NEPAD)
  10. African Union
  11. Convention on Preventing and Combating Corruption
  12. Africa-South America Summit (ASA)
  13. Africa (Cape Verde)-Asia Strategic Partnership
  14. World Bank (WB)
  15. International Monetary Fund (IMF)
  16. World Customs Organisation (WCO)
  17. World Trade Organisation
  18. United Nations

Community of Sahel-Saharan States (CEN-SAD), Master



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