PEST Analysis: Cabo Verde

December 2023

Cabo Verde has one of the most politically stable landscapes in Africa. However, the country stands among the ‘moderately free’ in economic freedom ranking. Continuous recovery of tourism helps to maintain economic growth, which is expected to remain strong compared to the regional average. Emigration continues, yet the population is expanding. Internet connectivity to increase, but innovation capacity remains low.

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Overview:

Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.

If you're in the Commodities industry in Cabo Verde, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty

The Commodities in Cabo Verde report includes:

  • Analysis of the country's political and macroeconomic stability 
  • An overview of the economic structure and major industries
  • Latest economic performance

This report answers:

  • What is the economic outlook?
  • How stable is the political environment?
  • What are the country's risks and vulnerabilities?
  • What are the best sectors for investment?
  • Where should we focus our expansion strategy?
  • Which countries are moving up the value added chain away from primary sectors?

PEST Analysis: Cabo Verde

Chart 1 Main PEST Points in Cabo Verde
Chart 2 Political Environment Dynamics in Cabo Verde
Chart 3 Economic Environment Dynamics in Cabo Verde
Chart 4 Social Environment Dynamics in Cabo Verde
Chart 5 Technological Environment Dynamics in Cabo Verde
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  • Analyse growth opportunities and assess market potential
  • Develop market entry/exit strategies
  • Understand the likely path of economic growth
  • Examine risks and vulnerabilities of economies to support critical decision-making

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