Cape Verde
- In 2011 Cape Verde suffered from the financial crisis in the euro area. Economic growth slowed from 5.4% in 2010 to 5.0% in 2011. It is expected to stabilise around 5.1% in 2012 and 2013.
- The country has performed in an exemplary manner in terms of public sector governance. Substantive reforms have reduced corruption and improved the quality of business transactions, but weaknesses in infrastructure impose increasing constraints on sustainable economic growth.
- Cape Verde is one of a handful of countries in Africa likely to attain all eight Millennium Development Goals (MDGs), including that of reducing poverty by a half between 1995 and 2015. Its social protection system covers old age, disability and death. However, the country faces a relatively high unemployment rate, particularly among the young.
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Project Portfolio
| Reference | Project | Status |
|---|---|---|
| P-CV-FA0-002 |
Interconnexion et distribution électrique Categories: Energy & Power |
OngoingOnGo |
| P-CV-EAZ-001 |
Mobilisation des ressources en eau Categories: Water Supply & Sanitation |
ApprovedAPVD |
Contacts
Senegal field office
Groupe de la Banque africaine de développement
Bureau Régional du Sénégal (SNFO)
Immeuble Coumba
Route de Ngor
Zone 12, Quartier des Almadies,
Dakar, Sénégal.
BP 50544 - CP 18524
RP Dakar, Senegal
Tel: (+221) 33.820.08.88 / (+221) 33.869.75.44 Ext. 6530-6599
Fax: (+221) 33.820.09.99
Contact
Mme. Leila Mokadem, Représentant Résident
Mr. F.J.M. Perrault
African Development Bank Group
Temporary Relocation Agency (TRA)
P.O.Box 323-1002, Tunis-Belvédère, Tunisia
Tel: (216) 71 10 24 00/71 10 21 58
Fax: (216) 71 10 37 46
Key Facts
| Flag: |  |
| Capital: | Praia |
| Area: | 4,033 sq km |
| Total Population 2011: | 0.5 Million |
| Urban Population 2011: | 61.80% |
| Female Population 2011: | 50.40% |
| GDP: | US$ 2.2 Billion |
| GNI Per Capita 2010: | US$ 3,270 |
| Inflation Rate: | 4.50% |
| Crude Birth Rate (per 1000): | 20.30% |
| Human Development Index (rank / 187): | 133 |
| Human Development Index (scale 0 to 1): | 0.568 |
| Membership Date: | 15/04/1976 |
| Cumulative Approvals (1967-2011): | UA 267.8 Million |
