WS 1.3 Business Development and Private Sector Competitiveness

The workshop will examine the efforts to develop the private sector and promote entrepreneurial spirit in Cape Verde. It will focus on the challenges and opportunities to facilitate the growth of innovative entrepreneurs, exports and private sector development in Cape Verde. The workshop will explore the potential to transform the private sector in Cape Verde, and it will make suggestions on what is working and analyze lessons from other experiences that can be adapted to Cape Verde’s situation. Specifically, the workshop will examine and provide answers to the following: What are the challenges to transferring the leadership of development from the public sector to the private sector? What are the constraints to developing a regionally and globally competitive private sector: how do we support the internationalization of domestic companies and exports; how do we expedite conflict resolution and legal system intervention? How do we create more synergies between the public and private sectors? How do we facilitate private sector access to funding? What are the challenges to developing a corporate culture based on more entrepreneurship, risk tolerance, autonomy and collaboration?