Paulo Trindade e Costa (Partner) and Sumila Santos (Senior International Adviser and since head of SSA Advogados, the exclusive member of the VdA Legal Partners network in Cabo Verde), write an article for the Local Insights of IFLR, entitled “Cabo Verde: Road ahead to achieve diversification and structural transformation beyond tourism”, where they explain why the development of sustainable tourism must be the catalyst for development of other economy sectors in Cabo Verde.

“Although tourism, as the main engine of the economy, continues to be the sector that attracts the highest volume of investment, accounting for 80% of more than €1 bilion approved investment projects in 2020 (which confirms the investors’ confidence in Cabo Verde despite pandemic uncertainties), the development of sustainable tourism must be the catalyst for development of other economy sectors.”

Read the article here.