Cabo Verde
Republic of Cape VerdeRepublica de Cabo Verde
republicIndependence 5 July 1975 (from Portugal)
Cabo Verde as the 2009 edition of the CIA World Factbook published it: 128 fields, one of 36 editions from 1990 to 2025.
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Introduction
1 fieldBackground
The uninhabited islands were discovered and colonized by the Portuguese in the 15th century; Cape Verde subsequently became a trading center for African slaves and later an important coaling and resupply stop for whaling and transatlantic shipping. Following independence in 1975, and a tentative interest in unification with Guinea-Bissau, a one-party system was established and maintained until multi-party elections were held in 1990.
Cape Verde continues to exhibit one of Africa's most stable democratic governments. Repeated droughts during the second half of the 20th century caused significant hardship and prompted heavy emigration. As a result, Cape Verde's expatriate population is greater than its domestic one. Most Cape Verdeans have both African and Portuguese antecedents.
Geography
Western Africa, group of islands in the North Atlantic Ocean, west of Senegal
20 fieldsLand useshare of 4,033 sq km
Freshwater withdrawal (domestic/industrial/agricultural)
- total:
- 0.02 cu km/yr (7%/2%/91%)
- per capita:
- 39 cu m/yr (2000)
Natural hazards
- prolonged droughts;
- seasonal harmattan wind produces obscuring dust;
- volcanically and seismically active
Environment - current issues
- soil erosion;
- deforestation due to demand for wood used as fuel;
- water shortages;
- desertification;
- environmental damage has threatened several species of birds and reptiles;
- illegal beach sand extraction;
- overfishing
Environment - international agreements
- party to:
- Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Wetlands
- signed, but not ratified:
- none of the selected agreements
Geography - note
- strategic location 500 km from west coast of Africa near major north-south sea routes;
- important communications station;
- important sea and air refueling site
People
22 fieldsAge structuremale left, female right · (2009 est.)
Per 1,000 population
Male · female
Government
Republic; President Pedro Verona Rodriques PIRES (since 22 March 2001); Prime Minister Jose Maria Pereira NEVES (since 1 February 2001)
18 fieldsPresidential electionpercent of vote
National Assembly or Assembleia Nacional, 72 seats, elected 22 January 2006one dot, one seat
Percent of vote
Country name
- conventional long form:
- Republic of Cape Verde
- conventional short form:
- Cape Verde
- local long form:
- Republica de Cabo Verde
- local short form:
- Cabo Verde
Capital
- name:
- Praia
- geographic coordinates:
- 14 55 N, 23 31 W
- time difference:
- UTC-1 (4 hours ahead of Washington, DC during Standard Time)
Administrative divisions
- 17 municipalities (concelhos, singular - concelho);
- Boa Vista, Brava, Maio, Mosteiros, Paul, Praia, Porto Novo, Ribeira Grande, Sal, Santa Catarina, Santa Cruz, Sao Domingos, Sao Filipe, Sao Miguel, Sao Nicolau, Sao Vicente, Tarrafal
Constitution
- 25 September 1992;
- a major revision on 23 November 1995 substantially increased the powers of the president;
- a 1999 revision created the position of national ombudsman (Provedor de Justica)
Executive branch
- chief of state:
- President Pedro Verona Rodriques PIRES (since 22 March 2001)
- head of government:
- Prime Minister Jose Maria Pereira NEVES (since 1 February 2001)
- cabinet:
- Council of Ministers appointed by the president on the recommendation of the prime minister
- elections:
- president elected by popular vote for a five-year term (eligible for a second term);
- election last held 12 February 2006 (next to be held in February 2011);
- prime minister nominated by the National Assembly and appointed by the president
- election results:
- Pedro PIRES reelected president; percent of vote - Pedro PIRES (PAICV) 51.2%, Carlos VIEGA (MPD) 48.8%
Legislative branch
unicameral National Assembly or Assembleia Nacional (72 seats; members are elected by popular vote to serve five-year terms)
- elections:
- last held 22 January 2006 (next to be held in January 2011)
- election results:
- percent of vote by party - PAICV 52.3%, MPD 44%, UCID 2.7%; seats by party - PAICV 41, MPD 29, UCID 2
Political parties and leaders
- African Party for Independence of Cape Verde or PAICV [Jose Maria Pereira NEVES, chairman];
- Democratic Christian Party or PDC [Manuel RODRIGUES];
- Democratic Renovation Party or PRD [Victor FIDALGO];
- Democratic and Independent Cape Verdean Union or UCID [Antonio MONTEIRO];
- Movement for Democracy or MPD [Jorge SANTOS];
- Party for Democratic Convergence or PCD [Dr. Eurico MONTEIRO];
- Party of Work and Solidarity or PTS [Isaias RODRIGUES];
- Social Democratic Party or PSD [Joao ALEM]
International organization participation
ACCT, ACP, AfDB, AU, CPLP, ECOWAS, FAO, G-77, IBRD, ICAO, ICCt (signatory), ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ITSO, ITU, ITUC, MIGA, NAM, OIF, OPCW, UN, UNCTAD, UNESCO, UNIDO, Union Latina, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
Diplomatic representation in the US
- chief of mission:
- Ambassador Fatima Lima VEIGA
- chancery:
- 3415 Massachusetts Avenue NW, Washington, DC 20008
- telephone:
- [1] (202) 965-6820
- FAX:
- [1] (202) 965-1207
- consulate(s) general:
- Boston
Diplomatic representation from the US
- chief of mission:
- Ambassador Marianne M. MYLES
- embassy:
- Rua Abilio Macedo n6, Praia
- mailing address:
- C. P. 201, Praia
- telephone:
- [238] 2-60-89-00
- FAX:
- [238] 2-61-13-55
Flag description
- five unequal horizontal bands;
- the top-most band of blue - equal to one half the width of the flag - is followed by three bands of white, red, and white, each equal to 1/12 of the width, and a bottom stripe of blue equal to one quarter of the flag width;
- a circle of 10, yellow, five-pointed stars, each representing one of the islands, is centered on the red stripe and positioned 3/8 of the length of the flag from the hoist side
Economy
This island economy suffers from a poor natural resource base, including serious water shortages exacerbated by cycles of long-term drought.
45 fieldsGDP - composition by sector(2008 est.)
Trading partnersexports left, imports right
Electricity
Economy - overview
This island economy suffers from a poor natural resource base, including serious water shortages exacerbated by cycles of long-term drought. The economy is service-oriented, with commerce, transport, tourism, and public services accounting for about three-fourths of GDP. Although nearly 70% of the population lives in rural areas, the share of food production in GDP is low.
About 82% of food must be imported. The fishing potential, mostly lobster and tuna, is not fully exploited. Cape Verde annually runs a high trade deficit, financed by foreign aid and remittances from emigrants; remittances supplement GDP by more than 20%. Economic reforms are aimed at developing the private sector and attracting foreign investment to diversify the economy.
Future prospects depend heavily on the maintenance of aid flows, the encouragement of tourism, remittances, and the momentum of the government's development program. Cape Verde became a member of the WTO in July 2008.
Central bank discount rate
7.5% (31 December 2008) · 8.5% (31 December 2007) country comparison to the world: 50
Commercial bank prime lending rate
9.99% (31 December 2008) · 10.55% (31 December 2007) country comparison to the world: 78
Stock of money
$563.4 million (31 December 2008) · $574 million (31 December 2007) country comparison to the world: 92
Stock of quasi money
$721.3 million (31 December 2008) · $689 million (31 December 2007) country comparison to the world: 102
Stock of domestic credit
$1.153 billion (31 December 2008) · $1.049 billion (31 December 2007) country comparison to the world: 106
Current account balance
-$259 million (2008 est.) · -$132.6 million (2007 est.) country comparison to the world: 95
Reserves of foreign exchange and gold
$258 million (31 December 2008 est.) · $281 million (31 December 2007 est.) country comparison to the world: 143
Exchange rates
Cape Verdean escudos (CVE) per US dollar - 73.84 (2008 est.), 81.235 (2007), 87.946 (2006), 88.67 (2005), 88.808 (2004)
Communications
8 fieldsTelephone system
- general assessment:
- effective system, extensive modernization from 1996-2000 following partial privatization in 1995
- domestic:
- major service provider is Cabo Verde Telecom (CVT);
- fiber-optic ring, completed in 2001, links all islands providing Internet access and ISDN services;
- cellular service introduced in 1998;
- broadband services launched in 2004
- international:
- country code - 238;
- landing point for the Atlantis-2 fiber-optic transatlantic telephone cable that provides links to South America, Senegal, and Europe;
- HF radiotelephone to Senegal and Guinea-Bissau;
- satellite earth station - 1 Intelsat (Atlantic Ocean) (2007)
Transportation
6 fieldsMerchant marine, 8 ships by typeone square, one ship
Airports by runway lengthpaved only
Airports by runway lengthunpaved only
Military
People's Revolutionary Armed Forces (FARP): Army, Coast Guard (includes maritime air wing) (2007)
6 fieldsMilitary branches
People's Revolutionary Armed Forces (FARP): Army, Coast Guard (includes maritime air wing) (2007)
Military service age and obligation
18 years of age (est.) for selective compulsory military service; 14-month conscript service obligation (2006)
Transnational Issues
2 fieldsIllicit drugs
- used as a transshipment point for Latin American cocaine destined for Western Europe, particularly because of Lusophone links to Brazil, Portugal, and Guinea-Bissau;
- has taken steps to deter drug money laundering, including a 2002 anti-money laundering reform that criminalizes laundering the proceeds of narcotics trafficking and other crimes and the establishment in 2008 of a Financial Intelligence Unit (2008)
Cite this entry
Central Intelligence Agency. “Cape Verde.” The World Factbook 2009. Archived by The Factbook, thefactbook.org/cabo-verde/2009.