Cape verde solar container investment company

Does Cabo Verde have a national electricity master plan?

This involves designing and building an electricity generation, grid and storage system up to 2029. This investment falls under Cabo Verde’s national electricity master plan 2018-2040, and will reduce the country's dependence on expensive and polluting fossil fuels by 2040.

Where is Cape Verde located?

The archipelago of Cape Verde is made up of ten islands and nine islets, and is located between latitudes 14º 28' N and 17º 12' N and longitudes 22º 40' W and 25º 22' W. It is located approximately 450 km from the Senegal coast in West Africa. The islands are divided into two groups: Windward and Leeward.

How can Cabo Verde become a digital crossroads?

This initiative will therefore boost innovation and support the creation of highly skilled jobs in Cabo Verde, turning the country into a digital crossroads between Africa, Europe and South America. 3) Development of port infrastructure, with joint EIB-EU support of €105 million for expanding and modernising Cabo Verde’s strategic ports.

How will Cabo Verde improve the maritime economy?

In addition to the extension of breakwaters and mooring docks, basic infrastructure will also be installed to make it easier for the private sector to invest in the growing maritime economy sector in Cabo Verde.

What does Cabo Verde's Deputy Prime Minister say about strategic investments?

Deputy Prime Minister, Minister of Finance and Business Development and Minister of Digital Economy of Cabo Verde Olavo Correia said: “It is with great enthusiasm that we welcome these strategic investments – a major step forward on our journey to sustainable development and technological innovation.

What is the European Union's Global Gateway strategy in Cabo Verde?

This decision falls under the European Union’s Global Gateway strategy in Cabo Verde. 1) Support for Cabo Verde’s energy sector, with Team Europe funding of €159 million provided by the EIB, European Union and Luxembourg. This involves designing and building an electricity generation, grid and storage system up to 2029.