The number of companies in Cape Verde increased by 11 percent between 2007 and 2012 from 8,714 to 9,736, according to preliminary figures from the 4th business census published Thursday in Praia by the Cape Verdean National Statistics Institute (INE).
The chairman of INE, António Duarte, said that most companies were based on the islands of Santiago (4,326), Sao Vicente (1,846), Sal (860) and Santo Antão (822).
Duarte said that, on Boavista island, and in the period under review, there was a 100 percent increase (from 237 to 476 companies), whilst on Brava island saw the number of companies based there drop from 171 to 132 (a reduction of 22.8 percent).
The business census covered the whole of Cape Verde and data was collected between 2 and 28 September. The team responsible for data collection had a total of 137 people.
The first business census was carried out in 1998 and was had 1997 as its benchmark year. (macauhub)