- Cape Verde’s economy is primarily based on tourism, fishing, and agriculture.
- Services sector, particularly the tourism industry, is the main source of the country’s GDP and employment.
- The country has a growing renewable energy sector, with significant investments in wind and solar power.
- Cape Verde’s main export products are fuel, shoes, and clothing.
- The country is actively working to diversify its economy and reduce dependence on tourism and traditional industries, such as agriculture and fishing.
- Cape Verde has a free market economy and has been ranked as one of the most business-friendly countries in Africa.
- The country has a strong focus on sustainable development, including protecting the environment and preserving natural resources.
- The country has a number of international airports and seaports, making it a hub for trade and transportation in the region.
- Cape Verde has a relatively low unemployment rate, with a strong focus on economic development and job creation.
- The country has been working on improving its infrastructure, including transportation and telecommunications, to support economic growth and development.
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