Economy Of Cape Verde
   HOME
*



picture info

Economy Of Cape Verde
The economy of Cape Verde is a service-oriented economy that is focused on commerce, trade, transport and public services. Cape Verde is a small archipelagic nation that lacks resources and has experienced severe droughts. Agriculture is made difficult by lack of rain and is restricted to only four islands for most of the year. Cape Verde's economy has been steadily growing since the late 1990s, and it is now officially considered a country of average development, being only the second African country to have achieved such transition, after Botswana in 1994. Cape Verde has significant cooperation with Portugal at every level of the economy, which has led it to link its currency (the Cape Verdean escudo) first to the Portuguese escudo and, in 1999, to the euro. Resources About 75% of food is imported. Cape Verde annually runs a high trade deficit, financed by foreign aid and remittances from emigrants; remittances constitute a supplement to GDP of more than 20%. Economic refo ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Praia
Praia (, Portuguese language, Portuguese for "beach") is the capital and largest city of Cape Verde.Cape Verde, Statistical Yearbook 2015
Instituto Nacional de Estatística (Cape Verde), Instituto Nacional de Estatística
Located on the southern coast of Santiago, Cape Verde, Santiago island, within the Sotavento Islands group, the city is the seat of the Praia, Cape Verde (municipality), Praia Municipality. Praia is the economic, political, and cultural center of Cape Verde.


History

The island of Santiago was discovered by António da Noli in 1460.
[...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Fixed Exchange Rate
A fixed exchange rate, often called a pegged exchange rate, is a type of exchange rate regime in which a currency's value is fixed or pegged by a monetary authority against the value of another currency, a basket of other currencies, or another measure of value, such as gold. There are benefits and risks to using a fixed exchange rate system. A fixed exchange rate is typically used to stabilize the exchange rate of a currency by directly fixing its value in a predetermined ratio to a different, more stable, or more internationally prevalent currency (or currencies) to which the currency is pegged. In doing so, the exchange rate between the currency and its peg does not change based on market conditions, unlike in a floating (flexible) exchange regime. This makes trade and investments between the two currency areas easier and more predictable and is especially useful for small economies that borrow primarily in foreign currency and in which external trade forms a large part of the ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

São Vicente, Cape Verde
São Vicente (Portuguese for " Saint Vincent") is one of the Barlavento Islands, the northern group within the Cape Verde archipelago in the Atlantic Ocean, off the West African coast. It is located between the islands of Santo Antão and Santa Luzia, with the Canal de São Vicente separating it from Santo Antão. Geography The island is roughly rectangular in shape with an area of . From east to west it measures and from north to south .Cabo Verde, Statistical Yearbook 2015
Instituto Nacional de Estatística
The island, of

picture info

Boa Vista, Cape Verde
Boa Vista (Portuguese for "good view"), also written as Boavista, is a desert-like island that belongs to the Cape Verde Islands. At , it is the third largest island of the Cape Verde archipelago. The island of Boa Vista is closer to the African continent than all the other islands in Cape Verde, being the easternmost island of all. The distance between Boa Vista and Senegal is only 450 km. The capital of Boa Vista, Sal Rei, is located in the north-western part of the island. Boa Vista is mainly known for its beaches, turtles and traditional music. Geography Boa Vista is the third largest island after Santo Antão and Santiago, with an area of 631.1 square kilometres. It is situated south of Sal and north of Maio. The island is generally flat, but it has numerous hills like Monte Estância (the highest point of the island at 387 m),
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Clay
Clay is a type of fine-grained natural soil material containing clay minerals (hydrous aluminium phyllosilicates, e.g. kaolin, Al2 Si2 O5( OH)4). Clays develop plasticity when wet, due to a molecular film of water surrounding the clay particles, but become hard, brittle and non–plastic upon drying or firing. Most pure clay minerals are white or light-coloured, but natural clays show a variety of colours from impurities, such as a reddish or brownish colour from small amounts of iron oxide. Clay is the oldest known ceramic material. Prehistoric humans discovered the useful properties of clay and used it for making pottery. Some of the earliest pottery shards have been dated to around 14,000 BC, and clay tablets were the first known writing medium. Clay is used in many modern industrial processes, such as paper making, cement production, and chemical filtering. Between one-half and two-thirds of the world's population live or work in buildings made with clay, often ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

United States Geological Survey
The United States Geological Survey (USGS), formerly simply known as the Geological Survey, is a scientific agency of the United States government. The scientists of the USGS study the landscape of the United States, its natural resources, and the natural hazards that threaten it. The organization's work spans the disciplines of biology, geography, geology, and hydrology. The USGS is a fact-finding research organization with no regulatory responsibility. The agency was founded on March 3, 1879. The USGS is a bureau of the United States Department of the Interior; it is that department's sole scientific agency. The USGS employs approximately 8,670 people and is headquartered in Reston, Virginia. The USGS also has major offices near Lakewood, Colorado, at the Denver Federal Center, and Menlo Park, California. The current motto of the USGS, in use since August 1997, is "science for a changing world". The agency's previous slogan, adopted on the occasion of its hundredt ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Minerals Yearbook
The ''Minerals Yearbook'' is an annual publication from the United States Geological Survey. It reviews the mineral In geology and mineralogy, a mineral or mineral species is, broadly speaking, a solid chemical compound with a fairly well-defined chemical composition and a specific crystal structure that occurs naturally in pure form.John P. Rafferty, ed. (2 ... and material industries of the United States and other countries. The ''Minerals Yearbook'' contains statistical production data as well as information on economic and technical trends. First published in 1933, it was preceded by The ''Mineral Resources of the United States''. Contents Current issues are published in three volumes: * ''Volume I – Metals and Minerals'' contains chapters on around 90 commercially important mined commodities * ''Volume II - Area Reports: Domestic'' reviews mineral industry of US on a per-State basis * ''Volume III - Area Reports: International'' reviews world mineral industry on a p ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Fishing
Fishing is the activity of trying to catch fish. Fish are often caught as wildlife from the natural environment, but may also be caught from stocked bodies of water such as ponds, canals, park wetlands and reservoirs. Fishing techniques include hand-gathering, spearing, netting, angling, shooting and trapping, as well as more destructive and often illegal techniques such as electrocution, blasting and poisoning. The term fishing broadly includes catching aquatic animals other than fish, such as crustaceans ( shrimp/ lobsters/crabs), shellfish, cephalopods (octopus/squid) and echinoderms ( starfish/ sea urchins). The term is not normally applied to harvesting fish raised in controlled cultivations ( fish farming). Nor is it normally applied to hunting aquatic mammals, where terms like whaling and sealing are used instead. Fishing has been an important part of human culture since hunter-gatherer times, and is one of the few food production activities that have persisted ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Tuna
A tuna is a saltwater fish that belongs to the tribe Thunnini, a subgrouping of the Scombridae (mackerel) family. The Thunnini comprise 15 species across five genera, the sizes of which vary greatly, ranging from the bullet tuna (max length: , weight: ) up to the Atlantic bluefin tuna (max length: , weight: ), which averages and is believed to live up to 50 years. Tuna, opah and mackerel sharks are the only species of fish that can maintain a body temperature higher than that of the surrounding water. An active and agile predator, the tuna has a sleek, streamlined body, and is among the fastest-swimming pelagic fish – the yellowfin tuna, for example, is capable of speeds of up to . Greatly inflated speeds can be found in early scientific reports and are still widely reported in the popular literature. Found in warm seas, the tuna is commercially fished extensively as a food fish, and is popular as a bluewater game fish. As a result of overfishing, some tuna species, s ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Lobster
Lobsters are a family (biology), family (Nephropidae, Synonym (taxonomy), synonym Homaridae) of marine crustaceans. They have long bodies with muscular tails and live in crevices or burrows on the sea floor. Three of their five pairs of legs have claws, including the first pair, which are usually much larger than the others. Highly prized as seafood, lobsters are economically important and are often one of the most profitable commodities in coastal areas they populate. Commercially important species include two species of ''Homarus'' from the northern Atlantic Ocean and scampi (which look more like a shrimp, or a "mini lobster")—the Northern Hemisphere genus ''Nephrops'' and the Southern Hemisphere genus ''Metanephrops''. Distinction Although several other groups of crustaceans have the word "lobster" in their names, the unqualified term "lobster" generally refers to the clawed lobsters of the family Nephropidae. Clawed lobsters are not closely related to spiny lobsters o ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Sal, Cape Verde
Sal (Portuguese for "salt") is an island in Cape Verde. Sal is a tourist destination with white sandy beaches and over 350 days of sunshine a year. It is one of the three sandy eastern islands of the Cape Verde archipelago in the central Atlantic Ocean, off the west coast of Africa. Cabo Verde is known for year-round kiteboarding, for the large reserve of Caretta turtles which hatch from July to September, and the music of Cesaria Evora. History For Europeans , the island was discovered on 3 December 1460 and named ''Llana'' ("flat"). This name was changed into the current "Sal" when the two large salt ponds (Pedra de Lume and Santa Maria) were discovered. The first three centuries after its discovery, the island was only sparsely inhabited; in 1720 there was a small fishing village near present Palmeira. This changed when the salt industry was developed at the end of the 18th century, starting in Pedra de Lume. Santa Maria was founded in the south of the island in 1830 by ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Mindelo
Mindelo is a port cityCabo Verde, Statistical Yearbook 2015
Instituto Nacional de Estatística, p. 32-33
in the northern part of the island of São Vicente in . Mindelo is also the seat of the parish of Nossa Senhora da Luz, and the municipality of São Vicente. The city is home to ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]