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Breaking away from aid dependence

By David White and Peter Wise

Published: November 13 2007 07:55 | Last updated: November 13 2007 07:55

For a remote and dry island nation with practically no natural resources, Cape Verde can consider itself fortunate. Long sustained by private remittances and public aid – in recent years the highest foreign aid per capita in Africa – it has managed to distance itself from the worst afflictions of the continent.

The islands are now at a significant turning point, about to graduate next year from the United Nations’ list of least developed countries (LDCs) and preparing to enter an upgraded partnership arrangement with the European Union.

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