Welcome SAFRIGEST S.A. in Becoming a 3E Accounting Pte Ltd Global Accounting Alliance Member in Cape Verde
Safrigest S.A. makes sure to provide services to businesses that need help with accounting, taxation, auditing, payroll, setting up, and more. This company was put up for investors who want to see where their finances are going.
Cape Verde is a country in Africa that has a land area of 4,044 square kilometres. It has a population of 550 thousand. Based on its land area, Cape Verde ranks 177. The stable democracy of Cape Verde and close proximity to Europe are one of the main reasons why it is an attractive place for investors because of preferential access to EU, ECOWAS, and Canada. It is number 131 out of 190 countries in the World Bank’s ease of doing business. It is the world’s 73rd freest economy that has an economic freedom score of 63.1.
Cape Verde – Economic Growth
Cape Verde is one of the best winter sun destinations because of its nice weather and stunning beaches. Tourism is thriving in Cape Verde where it also has the biggest sector of growth in GDP. The economy of Cape Verde is service-oriented, and this sector contributes about 90% of the country’s GDP.
Aside from that, investments and exports are main pillars of Cape Verde’s GDP growth. The import and export values account for the GDP’s huge portion. Agriculture is an important source of employment in Cape Verde, and the agriculture sector only contributes about 12% of the GDP because of drought. Maize and beans are the main crops in Cape Verde, and the main export crops are coffee and banana. Even if most of Cape Verde’s population is working in the agriculture sector, they still import about 90% food supply.
They project that the economy of Cape Verde is to maintain a real GDP growth that will be 4.8% by 2020. The remittance inflows, tourism, manufacturing, and more infrastructure spending are the main growth drivers. Aside from that, positive domestic credit conditions support private investment to contribute to the country’s economic growth.
Investors in Cape Verde can get our services so they can have a business that will start successfully and maintain good standing in the market.
About The Company
3E Accounting Pte Ltd is a leading company headquartered in Singapore. The company is focused to creating a strong network of independent accounting and consulting firms across the globe, facilitating clients who wish to venture into new markets and territories smoothly.