Cape Verde

Co-operation relations between Portugal and Cape Verde

General information

Official name: Republic of Cabo Verde

Capital: Praia – Santiago Island

President: Jorge Carlos Fonseca (reelected in 2016)

Prime-Minister: Ulisses Correia da Silva (since 2016)

Independence Day: 5 July 1975

Provinces/Regions: Islands of Barlavento: Boavista, Sal, Santo Antão, São Nicolau, São Vicente; Ilhas do Sotavento: Brava, Fogo, Maio and Santiago.

Offcial Languages: Português, Crioulo.

Religion: Catholic, Protestant.

 

Geography

Geographical Area: 4.033 km2 over 10 islands  

Clima: mild with average temperatures below 25ºC and above 20ºC across the year

 

Demography

Population: 512 096 inhabitants (2013) (BCV)

Average rate of population growth: 1.41% (2013) (CIA)

Life expectancy: 71.28 years (2013) (CIA)

Literacy rate: 17.2% (2013) (BCV)

Human development index: 123rd position (2013) (UNDP)

 

Economic data

Currency: Escudo Cabo-Verdiano (1€=110.3CVE) (BP)

GDP per Capita: 2.904€ (2013) (BCV)

Inflation rate: 0,1% (2013) (BP)

Unemployment rate: 16.4% (2013) (BCV)

Growth rate: 0.5% (2013) (BCV)

Main exports: fish, crustaceans, beverages, shellfish (2013) (AICEP)

Exports - Portugal: 216 729 mil € (2012) (AICEP)

Imports - Portugal: 9 111 mil € (2012) (AICEP)

Direct Portuguese Investment (gross): 24 125 mil € (2013) (AICEP)

Main investors: Portugal, Netherlands, USA, Spain and Brazil (AICEP)

 

Other information

Portuguese Embassy in Cidade da Praia

Ambassador: Helena Paiva

Address: Avenida da OUA

Achada de Santo António

Cidade da Praia - CP 160

Tel.: +238 2623032/262 30 33/262 39 25/ 262 60 97

E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Attaché/Co-operation contact: Helena Guerreiro

Tel: (+238) 2626128 /262 6126

Fax: (+238) 2623222

E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Embassy of the Republic of Cabo Verde in Lisbon

Ambassador: Maria Cristina Rodrigues de Almeida Pereira

Address: Av. do Restelo, 33

1449-025 Lisboa

Tel. (+351) 213041440

Fax (+351) 213041466

E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Current situation

Portugal – Cabo Verde ODA

Cape Verde has been the main recipient of Official Development Assistance (ODA) from Portugal. In the period from 2010-2014, the bilateral Portugal-Cabo Verde ODA represented the following values:

2010

2011

2012

2013

2014

107,422,8772

105,359,806

130,843,997

119,858,811

103,549,481

Source: Camões, IP (euros)

ODA amounts include the use of concessional credit lines/loans, the majority intended for projects in the areas of construction/restoration of infrastructure.

In terms of sectors, the Portugal-Cabo Verde bilateral ODA opted for the areas of education and health (see table below).

Co-operation programme with Cabo Verde

On the 19th of January 2016, a Memorandum of Understanding was signed by Portugal and Cape Verde with the objective of starting negotiations for the conclusion of a new Strategic Co-operation Programme (SCP) from 2016-2020.

Memorandum of Understanding - Strategic Co-operation Programme 2016-2020

Indicative Co-operation Programme: Portugal - Cabo Verde 2012-2015

Indicative Co-operation Programme: Portugal - Cabo Verde 2008-2011

Co-operation in Numbers

Portuguese Official Development Assistance to Cabo Verde 2014-2018

Cabo Verde has been one of the main beneficiaries of Portuguese ODA since 2010, both in net and gross disbursements, totaling an average of 42,80M€ in net ODA and 45,09M€ in gross values, between 2014 and 2018. In 2018, Cape Verde received 14% of Portugal's net bilateral ODA.

A significant part of these amounts corresponds to the use of concessional lines of credit/loans for the construction of equipment and infrastructure and investments in the sectors of social housing and renewable energies. Since 2015, the lower use of these lines, as well as the repayment of lines of credit/concessional loans in the Transport sector by Cabo Verde, led to the downward trend.

 

capeverde 1

capeverde 2

Between 2014-18 the sectoral group Other Infrastructures and Social Services assumes the highest concentration with 78,3%. Noteworthy are the contributions to Budget Support and to Education, Health, Water and Basic Sanitation through grants that, together, constituted 30% of total aid.

capeverde 3 

capeverde 4 

 

Projects 

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