Considered as one of the best-ranked countries in sub-Saharan Africa according to governance indicators, Cape Verde has a stable political system and continues to invest in several industries to boost its economy in various sectors following the impact of the COVID-19 pandemic. Investments are expected to be focused on sectors such as tourism, infrastructure, supporting local businesses, and stimulating inclusive growth.
As many organisations expand their international reach, they look for ways to minimise the hassle of understanding and managing complex local matters relating to legal requirements, cultural norms and labour policies. A popular solution is to engage the services of reliable local partners who specialise in business process outsourcing, including employment outsourcing solutions where resources need to be employed in-country and paid accordingly.
Africa HR Solutions’ Cape Verde HR outsourcing services can be used to add value you to your international growth plans. As a specialist HR service provider, we help manage elements relating to taxation, social security, compensation schemes, together with end-to-end immigration requirements for expatriates deployed to Cape Verde, whether you have a subsidiary in the country or not. Our employment outsourcing solutions are legally compliant and include services such as Professional Employer Organisation (PEO), Employer of Record, payroll processing, as well as a range of ancillary support services.
Population: 561,901
Gross Domestic Product (GDP): $1.94 B
GDP Growth: 7.0 %
Inflation: 1.9 %
Foreign Direct Investment (% of GDP): 4.3 %
Unemployment Rate: 15.4 %
Capital: Praia
Currency: Cape Verdean escudo
Languages: Portuguese
According to the World Bank, Cape Verde is one of the best-ranked countries in Sub-Saharan Africa in terms of governance protocols and efforts to fight corruption. It has one of the best business climates in the region but still suffers from a lack of infrastructure and the absence of regulations governing insolvency. The country usually attracts foreign direct investment from European countries such as Portugal, Italy, Spain and the United Kingdom, however, the COVID-19 pandemic constricted investment-related projects. Going forward, Cape Verde is focusing on increasing investment in several sectors including tourism, technology, energy, infrastructure, and transport.
The archipelago consists of 10 islands and 5 islets.
Cape Verde is ranked as the third biggest nesting site worldwide for loggerhead turtles.
The islands of Cape Verde are Santiago, Santo Antão, Boa Vista, Fogo, São Nicolau, Maio, São Vicente, Sal, Brava and Santa Luiza.
The highest volcano site in Cape Verde is Pico do Fogo.
The country is considered to be very safe, hospitable and has the highest standard of living in Western Africa.
It an attractive and popular tourist spot for water sports such as kitesurfing, scuba diving and sailing.
New Year’s Day
Heroes’ Day
Carnival
Ash Wednesday
Labour Day
Municipal Day
Independence Day
Assumption
National Day
All Saint’s Day
Christmas Day
Cape Verde is considered a developing country, although its recent focus on enhancing its tourism industry and providing a better quality of life is leading to growth transformation and more attractive job opportunities. Employees are entitled to maternity, sick and vacation leave. Cape Verde offers a minimum wage and bonuses are not compulsory, although they are common. As far as termination of employees is concerned, employers are required to provide 15 days’ notice for every year of service, or the relevant amount as payment in lieu of notice. Where employers wish to terminate employees due to misconduct, a 40 day warning is required including the reasoning, whereafter the employee has 5 days to formally respond. Healthcare services are funded via the country’s social security system.
Engaging the services of Africa HR Solutions will allow you to focus on growing and streamlining your business in Cape Verde, whilst we deliver all relevant employment outsourcing and payroll procedures in accordance with the applicable legal requirements and customary practices, including devising an attractive employee benefit scheme for your local national and/or expatriate resources.
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Kevina Takoordyal has a BA Hons Business Management from the University of Glamorgan, UK, with MBA in leadership and Innovation, MBA General, PMP Certified, and Agile Scrum Master. She currently works as the Head of Operations at Africa HR Solutions Ltd with more than 20 years of proven leadership capabilities in Operations, Business Development, People Management, Process Optimization, and Project Management in the Financial Services, BPO, Banking Industry, and Heath Care Industry. In Senior leadership roles with an international footprint across Europe working and extensive Pan- African experience from a compliance, finance, and operations angle, Kevina comes across with a panoply of cross-functional skills. Kevina also serves on a few Boards, Non-Independent Executive at MioD and for NGOs on a voluntary basis, a coach and mentor to aspiring female leaders across Africa and Mauritius.
Kevina is a firm believer in Servant Leadership with a strong focus and commitment to uplifting others, with the ability to deliver through a highly engaged – diverse team, and works towards consistently synergistic value creation. While being a focused and adaptive thinker and Kevina is actively participating in panel discussions on Innovation, CX, Digital transformation.
Kevina serves as Project Assessor for the National Youth upskilling program. She has been recognized as Global Talent in a few companies, Ceridian, and International SOS Ltd whereby she has been awarded a few scholarships and had the opportunity to be mentored by Senior Vice President in the US. Award Winner in various fields and at a national level and recognized including Super Achiever Leader Award in Africa in 2016, Awarded Africa Women Leader 2018.
A qualified lawyer who joined Africa HR Solutions in July 2020, Mark Du Preez has experience working in private practice for a reputable law firm in South Africa. He also played commercially focused roles at a leading private bank, wealth management company, and outsourcing firm in South Africa and Mauritius.
Mark has played a pivotal role in Africa HR Solution’s risk mitigation strategy, which positively impacted P&L performance over the years.
He currently leads the Partnerships function of the company including relationships and oversight with in-country partners (ICPs) across Africa.
Alex has more than 15 years of experience in the global, strategic development of both enterprise and consumer brands in categories including technology, transport, enterprise software, entertainment, and travel.
With experience in roles on both agency and corporate side, he has worked across international brands and has led the development and execution of multi-discipline campaigns across EMEA, NORAM and Asia Pacific.
His focus is on driving meaningful business impact through brand differentiation and building high-functioning, digitally oriented, and analytically driven capabilities. He is motivated by working with, and developing dynamic people, teams, and organizations.
He leads, manages, develops and mentors the Key Account Management department, including line management responsibility for the team of Key Account Managers and Key Account Administrator who represent the Company as the primary communication link between all relevant stakeholders, including clients, third party in-country partners and internal functions.
Originally from Mauritius, he holds bachelor’s degrees in International Business, Finance and Management from the University of Nevada, Reno.