Co-operation relations between Portugal and Cape Verde
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.
Geographical Area: 4.033 km2 over 10 islands
Clima: mild with average temperatures below 25ºC and above 20ºC across the year
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)
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)
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
Attaché/Co-operation contact: Helena Guerreiro
Tel: (+238) 2626128 /262 6126
Fax: (+238) 2623222
Embassy of the Republic of Cabo Verde in Lisbon
Ambassador: Maria Cristina Rodrigues de Almeida Pereira
Address: Av. do Restelo, 33
Tel. (+351) 213041440
Fax (+351) 213041466
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:
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.
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.