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Ilha de São Vicente - Cabo Verde - 2014 - photo by Fernando Costa
CAPE VERDE
INTRODUCTION 2/2
INTRODUCTION 2/2
Cape Verde's population is mostly creole; its capital city Praia accounts for a quarter of the country's estimated 500,000 citizens. Nearly 38% live in rural areas according to the 2010 Cape Verdean census. The literacy rate is around 85%. Politically, the country is a very stable democracy. Its notable economic growth and
improvement in living conditions despite a lack of natural resources has garnered international recognition, with other countries and international organizations often providing development aid. Since 2007, Cape Verde has been classified as a developing nation.
Tough economic times during the last decades of its colonization and the first years of independence led many Cape Verdeans to emigrate to Europe, the Americas and other African countries. Today these émigrés and their descendants outnumber the domestic population. Historically, remittances from these émigrés to their extended families in Cape Verde has provided a substantial contribution to the country's economy. However, later generations are less likely to send money back and currently, the Cape Verdean economy is mostly service-oriented with a growing focus on tourism and foreign investment, which benefits from the islands' warm year-round climate, diverse landscape and cultural wealth, especially in music. LINK
improvement in living conditions despite a lack of natural resources has garnered international recognition, with other countries and international organizations often providing development aid. Since 2007, Cape Verde has been classified as a developing nation.
Tough economic times during the last decades of its colonization and the first years of independence led many Cape Verdeans to emigrate to Europe, the Americas and other African countries. Today these émigrés and their descendants outnumber the domestic population. Historically, remittances from these émigrés to their extended families in Cape Verde has provided a substantial contribution to the country's economy. However, later generations are less likely to send money back and currently, the Cape Verdean economy is mostly service-oriented with a growing focus on tourism and foreign investment, which benefits from the islands' warm year-round climate, diverse landscape and cultural wealth, especially in music. LINK
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