Cape Verde The Cape Verde economy is service-oriented with commerce, transport, tourism and public services accounting for about three-fourths of GDP. It depends significantly on development aid and foreign investment, as well as tourism, which is the mainstay of the economy and depends on conditions in the euro zone countries. The country’s economic reforms focus on developing the private sector and attracting foreign investment to diversify the economy and mitigate high unemployment. Name Republic of Cabo Verde Capital Praia Frequency of elections Every five years Name of parliament National Assembly of Cabo Verde Parliament website www.parlamento.cv Languages Portuguese, Crioulo Area 4 033 km2 Population 538 535 (July 2014 est) Imports Foodstuffs, industrial products, transport equipment, fuels Exports Fuel, shoes, garments, fish, hides Currency Cabo Verde escudo Source: CIA World Factbook Image: Gallo/GettyImages