Business in Cape Verde, Praia, Tourism

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

The objectives of the subject “Foreign Trade, Logistics and Business in Cape Verde” are:

1. To analyze the Cape Verdean Economy, Logistics and Global Trade
2. To conduct research on business opportunities in Cape Verde
3. To explore the Cape Verdean trade relations with the student's country
4. To learn about Cape Verdean Trade Agreements
5. To develop a business plan for the Cape Verdean Market

The Subject “Foreign Trade, Logistics and Business in Cape Verde” is included within the curriculum of the following academic programs at EENI Global Business School:

Master in Business in Africa, International Business.

Doctorate in African Business.

Languages: or Cap Verd Cabo Verde Cabo Verde.

Area of Knowledge: Africa.

Cape Verdean Preferential trade agreements:

1. Cape Verde and the West African Economic Area
2. Economic Community of West African States (ECOWAS)
3. African Continental Free Trade Area
4. Community of Sahel-Saharan States (CEN-SAD)
5. AGOA (U.S.)
6. European Union-Cape Verde:
   1. Africa-EU Partnership
   2. GSP
   3. Special Partnership Agreement (SPA) with the European Union

1. World Trade Organization (WTO)
   1. Agreement on Trade in Services (GATS)
   2. Agreement on the Application of Sanitary Measures
   3. Agreement on Technical Barriers to Trade
   4. Agreement on Preshipment Inspection
   5. Agreement on Safeguards
   6. Trade Facilitation Agreement
2. World Customs Organization (WCO)
   1. Kyoto Convention (Containers)

African Trade and Economic Organizations. Cape Verde is a member of:

1. African Development Bank
2. Economic Commission for Africa
3. African Union 
   1. AUDA-NEPAD
   2. Africa Agriculture Development Programme
   3. African Union Convention on Preventing and Combating Corruption (not signed)
4. Africa-Asia Partnership
5. China-Africa Cooperation
6. Africa-India Cooperation
7. Africa-BRICS
8. Africa-Turkey Partnership
9. Afro-Arab Cooperation
10. Arab Bank for Africa (BADEA)

1. World Customs Organization (WCO)
2. United Nations
3. World Bank
4. World Trade Organization (WTO)
5. International Monetary Fund

1. Archipelago formed by ten Islands (Atlantic Ocean)
2. Capital of Cape Verde: Praia
3. Area of Cape Verde: 4,033 km²
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 African Business Portal).

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.

Economy of Cape Verde (Africa):

1. Leading in civil liberties, political rights, and stability in Africa (Freedom House Report)
2. Uncorrupt bureaucracy
3. Industry sector: 8% of the Cape Verdean GDP
4. Informal sector: 70% of jobs/25% of GDP
5. Main trade partners of Cape Verde: Euro-Zone countries (mainly Portugal)
6. Currency of Cape Verde: the Cape Verdean Escudo (peg to the euro)
7. Special regime for SME
8. Existence of Free-Zone companies
9. Open to Foreign Direct Investment
10. 90% of the food is imported