WTO accession
23 July 2008
Population
500,585
Per capita growth rate (%)
3
WB Ease of Doing Business rank
142
Share of international non-oil trade (%)
0.706
Value of non-oil goods traded (in US$ million)
45
2011 data - Sources: UNCTAD, World Bank, WTO, UN Comtrade

Under the Integrated Framework (IF), Cabo Verde undertook a Diagnostic Trade Integration Study (DTIS) in September 2007. The DTIS, "Cape Verde's Insertion in the Global Economy" was completed and validated in December 2008.

 

In December 2007, Cabo Verde graduated from the Least Developed Country (LDC) category, and following the EIF Board Decision on Graduating Countries in 2010, the EIF continued to support Cabo Verde to integrate into the global trading system. Cabo Verde's graduation from LDC status (the only African country with graduating status) occurred against the backdrop of an unfavorable global financial and economic scenario, and declining external assistance from development partners. In this context, the EIF has continued dialogue with the Government to assess the state of play in the DTIS Action Matrix implementation, and, to identify additional areas of support by the EIF.

 

In 2012, Cabo Verde undertook an entirely country led DTIS Update (DTISU) that was validated in May 2013 with significant political buy-in. The DTIS Update validation workshop was attended by the Ministers of Foreign Affairs, Culture, and Tourism, Industry and Energy.

Description of the projects (objectives and interventions)

Cabo Verde's Tier 1 support to National Implementation Arrangements (NIAs) project was approved in November 2011. The project aims to promote sustainable development and poverty reduction through the integration of the Cabo Verdean economy into the international trading system. This is to be achieved by strengthening the capacity of Cabo Verdean institutions in the formulation of trade-related policies and projects through the establishment of the EIF National Implementation Unit (NIU).

Under the EIF Tier 1 Project, the EIF National Steering Committee (NSC) is in place and is an active body enjoying participation from wide sectors of the Cabo Verdean society, composed of a broad spectrum of line ministries, private sector, and non-governmental organizations. The implementation of the EIF programme in Cabo Verde is carried out under the leadership of the Director General of Commerce and Industry of the Ministry of Tourism, Industry and Environment, also serving as the EIF Focal Point (FP).

The specific intended outcomes of the project are to achieve sufficient institutional and managerial capacities in light of implementing trade-related strategies. Trade mainstreaming is another specific expected outcome of the EIF programme in the country. Complementing these outcomes, the project has been successful in providing a coordinated platform for the delivery of Aid for Trade resources.

Main progresses to date

Cabo Verde's Tier 1 support to NIAs project was approved by the EIF Board in November 2011 and in 2012, the EIF Board also approved funds to carry out a DTISU in September 2012. Cabo Verde subsequently undertook the DTISU that was validated in May 2013 and revised in July 2013. The DTISU, a country led process has been aligned to the III Growth and Poverty Reduction Strategy Paper (III GPRSP).

Cabo Verde's agenda for transformation, growth and poverty reduction are currently delineated and elaborated in the Program of Government for the VIII legislature (2011-2016) and the III GPRSP.  The Agenda for Transformation, the III GPRSP and the DTISU are interlinked and premised on the proposition that Cabo Verde's future growth depends on greater integration and competitive participation in the global economy. The III GPRSP and the DTISU lay out in greater detail the strategic areas of priority investment and as reflected in the DTISU, the III GPRSP also gives strategic priority to tourism, agroindustry, the creative economy, and the maritime economy.

During the Fourth Global Aid for Trade Review in July 2013, the Government of Cabo Verde in partnership with the EIF showcased the country's challenges and priorities since graduation, elaborating on efforts towards overcoming declining revenues, contracting fiscal situation and the country's navigation through the ongoing financial crisis. This was discussed in a Cabo Verde Roundtable event on "Growth and Poverty Reduction through Transformation and Global Integration". A WIPO, EIF facilitated event titled, "Making Money out of Music: the Cabo Verde experience" also highlighted Cabo Verde's strategic objective to increase and improve Cabo Verde's exports of creative goods and services.

Outlook

The Government of Cabo Verde is undertaking a Medium-term program (MTP) in order to assist Tier 2 project proposal developments. Additionally, the country is in the final stages of deliberation of a comprehensive Tier 2 proposal, aiming to leverage resources for implementation of a multi-sectorial project. The Government of Cabo Verde is also looking at incorporating the findings from the DTISU and the III GRSP into the national development plans.

Cabo Verde is working on its Tier 1 Phase 2 extension proposal in order to continue implementing its Tier 1 project objectives.

Outcome 1: Sufficient Institutional and management capacity built in EIF countries to formulate and implement Trade related strategies & implementation plans
Outcome IndicatorBaseline2013201420152016
O1.1 Tier 1 ' Support to NIAs' project completed or under implementationNoYes
O1.2 EIF Country with complete, up-to-date validated DTIS Action MatricesYesYes
O1.3 Level of capacity of NIU to perform fiduciary programme management for Tier 1 projectN/A2
O1.4 Country with up-to date trade strategiesNoNo
O1.5 Country with quality trade strategyN/AN/A
O1.6 Country with quality trade strategy implementedN/AN/A
Outcome 2: EIF countries mainstream trade into their national development strategies and plans
Outcome IndicatorBaseline2013201420152016
O2.1 Trade in PRSP and/or National development strategies32
O2.2 Existence of productive sector strategies integrating the trade dimensionNoYes
O2.3 Functioning public/private consultation mechanism11
Outcome 3: Coordinated delivery of trade related resources (funding, TA etc.) by donors & implementing agencies to implement country priorities following adoption of DTIS Action Matrix
Outcome IndicatorBaseline2013201420152016
O3.1 Availability of an annual rolling implementation overview integrating all trade-related government & donor-supported activities (including gender & environment)YesYes
O3.2 Frequency of government and donor consultations on trade-related matters34
O3.3 UN CEB Cluster activities based on DTIS Matrix priorities in EIF CountriesNoYes
O3.4 Country with joint donor initiatives in the trade area (such as need assessment; strategy formulations; programming; pooled funding; M&E; etc.)NoYes
Outcome 4: EIF Countries secure resources in support of initiatives that address DTIS Action Matrix priorities
Outcome IndicatorBaseline2013201420152016
O4.1 Country with implementation plan integrating DTIS/Action Matrix priorities and indicating financing needs to be met through ODAN/A1
O4.2 Country where a Government budget exists for implementation of its trade strategyNoNo
O4.4 Number of projects funded by donors related to the DTIS Action Matrix04
O4.4.1 Amount of projects funded by donors related to the DTIS Action Matrix (Million USD)0182.8

The EIF has supported training to 39 Small and Medium sized Enterprises (SMEs) to strengthen their capacities and knowledge in labour laws, food safety and hygiene that have helped them to reach higher standards in food management protocols.

DTIS Update

Starting date / End date
25/09/2012
Approved Budget
200,000
Board Approval Date
19/09/2012
Disbursement
200,000
Expenditure Reported
200,000
MOU Approval Date
24/09/2012
MOU Expiry Date
14/12/2014
Phase
Completed

NIA Support - Phase 1

Starting date / End date
15/12/2011
Approved Budget
900,000
Board Approval Date
23/11/2011
Disbursement
900,000
Expenditure Reported
891,181
MOU Approval Date
15/12/2011
MOU Expiry Date
31/05/2017
Phase
Implementation

NIA Support - Phase 2

Starting date / End date
25/05/2016
Approved Budget
300,000
Board Approval Date
04/05/2016
Disbursement
150,000
Expenditure Reported
5,409
MOU Approval Date
09/05/2016
MOU Expiry Date
31/05/2017
Phase
Implementation

Focal Point

Mr. Daniel RODRIGUES LIVRAMENTO
Director, Direcao Geral de Industria e Comercio
Ministerio da Economia e Emprego
, Cabo Verde

NIU Coordinator

Mr. Osmar FERRO
NIU Coordinator
Ministério do Turismo, Investimentos e Desenvolvimento Empresarial
, Cabo Verde
Tel: +238 260 4822

Donor Facilitator

Mrs. Severine ARNAL
Program Officer, EU
European Union
Achada de Santo Antonio CP 122, Praia
Praia, Cabo Verde
Tel: -

UNDP Contact

Ms. Patricia DE MOWBRAY
Resident Coordinator
UNDP
Praia, Cabo Verde
Tel: +238 262 13 92/93/94

Other

Mr. Carlos SEMEDO
General Directorate for International Cooperation
Ministry of Foreign Affairs
-
Praia, Cabo Verde
Tel: -
Implementing IPoA: The role of the EIF
Cabo Verde Annual Progress Report 2013
Country Case Studies - EIF TFM Review
EIF LDCs Photo Competition Album
Cape Verde DTIS Update Action Matrix 2013
Cape Verde Diagnostic Trade Integration Study Update 2013
Cape Verde Action Matrix 2009
Cape Verde Diagnostic Trade Integration Study (DTIS) 2009
A world without Least Developed Countries (LDCs): Towards a Better Framework to Assist Structural Transformation for LDC Graduation
The EIF's role in catalyzing LDC graduation: lessons from the field
First EIF Steering Committee session of EIF Phase Two focuses on LDC ambitions of graduation and achieving institutional sustainability
First EIF Steering Committee session of EIF Phase Two focuses on LDC ambitions of graduation and achieving institutional sustainability
First EIF Steering Committee session of EIF Phase Two focuses on LDC ambitions of graduation and achieving institutional sustainability
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