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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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 2012: 0.5 Million
Urban Population 2012: 62.47%
Female Population 2012: 50.35%
GDP: US$ 1.8 Billion
GNI Per Capita 2012: US$ 3,540
Inflation Rate: 2.50%
Crude Birth Rate (per 1000): 19.98%
Human Development Index (rank / 187): 132
Human Development Index (scale 0 to 1): 0.586
Membership Date: 15/04/1976
Cumulative Approvals (1967-2012): UA 267.8 Million

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