United States Department of State

Cabo Verde United States Department of State

The Government of Cabo Verde (GOCV) looks to both private and foreign investment to drive the country's future economic growth with a focus on tourism, transportation services, renewable energy, and export-oriented industries. A great effort has been made to promote a market-oriented economic model and in 2014, Cabo Verde achieved its highest economic freedom score (66.1), making its 3rd out of 46 countries in the Sub-Saharan Africa region. The World Bank, International Monetary Fund (IMF), United States, and many other donors have endorsed and supported the GOCV's economic liberalization policies. All investors, regardless of their nationality, have the same rights and are subject to the same duties and obligations under the laws of Cabo Verde.