Cape Verde A Commercial Investment Hotspot

Cape Verde has enjoyed a very stable political structure with and a fast growing economy since it's independence from Portugal in 1975.

In fact, according to the World Trade Organisation, long-term growth of real GDP has averaged 7.7% per year between 1990-2013 and, in 2014, economic growth reached 2.7%. Services currently account for 60% of GDP.


Cape Verde is recognised as a touristic hotspot but as tourism and on-island development flourishes, the Islands vibrant and traditional culture remains true to its origins, ensuring the unique character and soul of this emerging paradise is preserved.


It is also developing it's international business partnerships and there is a growing demand for high quality commercial property to serve the need of the ever growing inflow of business clients.Cape Verde is now recognised as an important trading hub for Africa, Europe and the Americas, and has a reliable track record of political stability.

The Resort Group a luxury beach front hotels developer is taking advantage of the strong demand for a business hotel in the bustling capital city by developing the first Hilton Hotel in Cape Verde’s capital and largest city, Praia.

Presentation of artist impression of  The Hilton Praia on Santiago Island

Resort Group's CEO Rob Jarrett joined Prime Minister, Jose Maria Neves, at an occasion to mark the beginning of construction of hotel, which is expected to open in 2018.

Jose Maria Neves, and President of Praia City Hall

>> Goto Business 2016 data for Cabo Verde