TradeInvest - the Investment and Export Promotion Agency of Cabo Verde
Cabo Verde has a dedicated agency for promoting investments and exports, known as Cabo Verde TradeInvest (CVTI). This public entity operates as the primary "one-stop shop" for foreign and domestic investors, facilitating business setup, providing incentives, and supporting export-oriented projects. Established to align with the country's Ambition 2030 strategy—focusing on tourism, renewable energy, digital economy, and logistics.
CVTI helps streamline approvals, offers tax breaks (e.g., IRPC reductions for priority sectors), and assists with trade agreements like those under ECOWAS and AGOA. It also maintains an electronic platform for expressions of interest, project monitoring, and market intelligence.
Key Functions of CVTI
Investment Promotion: Guides investors through registration, from initial inquiries to post-approval support. For large-scale projects (over €500,000), it coordinates with sector ministries; smaller ventures (under €500,000) are handled via Pro-Empresa.
Export Support: Provides information on trade fairs, export incentives, and partnerships, aiming to boost non-tourism exports like fisheries and services.
One-Stop Services: Includes virtual consultations, roundtables, and dialogue to reduce bureaucracy—e.g., full project approval in under 75 days.
Contact :
- Website: cvtradeinvest.cv – Features the Balcão Único de Investimentos platform for submissions.
- Location: Headquarters in Praia (Rotunda da Cruz de Papa); branches on key islands like Sal and São Vicente.
- Email/Phone: info@cvtradeinvest.cv / +238 260 3000.
TradeInvest offers the Investor One-Stop Shop (BUI)
The Balcão Único do Investidor (BUI), created by Decree-Law No. 42/2015 (published in Boletim Oficial No. 51, Series I, on August 27, 2015), is an integrated electronic system for recognizing and monitoring investment projects. It allows investors to access information and complete all necessary procedures across public administration levels through a single platform.
Projects can be submitted at CVTI's headquarters in Praia or delegations in Sal and São Vicente, with electronic processes ensuring approvals within 75 days for most cases. This system supports Cape Verde's "Ready for Your Business" ethos, providing a seamless entry point for establishing operations.
Contacts and Resources
- Headquarters (Praia): Rotunda da Cruz de Papa, 5, C.P. 89-C, Achada Santo Antonio. Phone: (+238) 260 4110/11. Email: info.cvti@gov.cv.
- São Vicente Delegation: Rua Machado, Prédio da Electra Sede r/c, Mindelo. Phone: (+238) 231 0775.
- Sal Delegation: Avenida dos Hotéis, Hotel Ouril Pontão – Santa Maria. Phone: (+238) 354 28 78.
For more details, visit the official website at www.cvtradeinvest.cv, which includes the BUI platform for submissions, market intelligence, and investment guides. CVTI's role as a facilitator has been instrumental in attracting FDI, contributing to Cape Verde's economic resilience and growth.