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Tourism has been a principal driver of Cabo Verde economy over the last 15 years, and the country’s development strategy relies on tourism to generate economic opportunities in a country where 24 percentof the people live under the national poverty line. Economic analysis tells us that clear land rights and efficient land transaction procedures will increase investment and business growth in the country, particularly in tourism, helping to create jobs and increase incomes.

As part of the MCC-Cabo Verde Compact signed in 2012, MCC supported the Government of Cabo Verde in transforming the land management sector to fight poverty and drive growth. MCC’s compact investment, completed in November 2017, included $17.3 million to help the Government establish a single, reliable source of land rights to facilitate private investment across the islands. More than 600,000 people are estimated to benefit from the agency’s investments over 20 years.

The Government of Cabo Verde took important steps to reform its legal framework for property rights and land administration in 2009, but there were still significant regulatory, institutional and procedural weaknesses in the day-to-day operation of the system. Two different land registries contained only partial information about a limited share of the country’s privately owned land parcels, and separate records systems held information about state-owned land. With no one source containing complete map-based information indicating the actual location of a parcel of land over which a right is claimed, users struggled with unreliable information and time-consuming procedures. Read more

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Tourism has been a principal driver of Cabo Verde economy over the last 15 years, and the country’s development strategy relies on tourism to generate economic opportunities in a country where 24 percentof the people live under the national poverty line. Economic analysis tells us that clear land rights and efficient land transaction procedures will increase investment and business growth in the country, particularly in tourism, helping to create jobs and increase incomes.

As part of the MCC-Cabo Verde Compact signed in 2012, MCC supported the Government of Cabo Verde in transforming the land management sector to fight poverty and drive growth. MCC’s compact investment, completed in November 2017, included $17.3 million to help the Government establish a single, reliable source of land rights to facilitate private investment across the islands. More than 600,000 people are estimated to benefit from the agency’s investments over 20 years.

The Government of Cabo Verde took important steps to reform its legal framework for property rights and land administration in 2009, but there were still significant regulatory, institutional and procedural weaknesses in the day-to-day operation of the system. Two different land registries contained only partial information about a limited share of the country’s privately owned land parcels, and separate records systems held information about state-owned land. With no one source containing complete map-based information indicating the actual location of a parcel of land over which a right is claimed, users struggled with unreliable information and time-consuming procedures.