Key facts about Cabo Verde
17-01-2025
10:30 AM
1 min read

Overview:
The World Bank’s new report estimates that Cabo Verde, a small archipelago located off the coast of West Africa, will need to invest $842 million over 2024-2030 to address its climate and development challenges.
About Cabo Verde:
- It is also known in the Anglosphere as Cape Verde.
- It is an African country that is made up of 10 volcanic islands in the Atlantic Ocean. It is off of the northwestern portion of the continent.
- Its islands are divided into the Barlavento (windward) and Sotavento (leeward) groups.
- It is located near Senegal and is the nearest point on the continent.
- Climate: Generally moderate, the climate is characterized by stable temperatures with extreme aridity.
- Terrain: The terrain of the Cabo Verde islands varies from the geologically older, flatter islands in the east and the newer, more mountainous islands in the west.
- Population: The overwhelming majority of the population of Cabo Verde is of mixed European and African descent and is often referred to as mestiço or Crioulo.
- Capital: Praia
- Languages spoken: Portuguese and Cape Verdean Creole
Highlights of the report
- Cabo Verde is highly vulnerable to extreme climate events including extreme heat, floods, droughts, tropical storms, landslides, volcanic eruptions, coastal erosion and sea level rise.
- Structural factors such as rapid rural-urban migration and land degradation further aggravate the country’s vulnerability to natural hazards.
- These vulnerabilities are further compounded by economic challenges, such as heavy reliance on tourism, imported fuel and goods that account for 80 per cent of domestic food consumption, as well as high public debt.

Q1: What is the main industry in Cabo Verde?
Cabo Verde's economy is service-oriented with commerce, transport, tourism, and public services accounting for about three-fourths of GDP.
Source: DTE