Some officials of other west/central African countries argue that Cape Verde has achieved most MDGs - bit.ly
- because it has small population. Analysts say good governance and sound economic policies have been key.According to the African Developement Bank (AfDB) praised the country in these words:
"Cape Verde, with little natural resources, goes against all odds in Africa by becoming the first case of “policy induced graduation” on the continent, as opposed to natural resources driven graduation. A resource-poor country characterized by an arid Sahelian climate and little arable land has witnessed steady rising living standards and is on the way to achieve most of the Millennium Development Goals (MDGs).
Good governance and sound economic policies have been key to Cape Verde’s graduation from a low income to a middle income country since 2008.
“Rich natural resources endowment does of course help, but here is evidence that no matter how bad the initial conditions, with good governance, solid institutions, and a peaceful political and social climate, take off is possible,” Donald Kaberuka, the head of the AfDB said in a statement: bit.ly