Sovereign Project

Cape Verde - Technology Park Project

Cabo Verde · {'name': 'Praia', 'coordinates': '14.9315 -23.5125'}

Information services · Public investment / AfDB sovereign financing

Estimated cost30.6m XDR
Financing soughtAfDB sovereign financing approved
Project structurePublic investment / AfDB sovereign financing
Target date2026-12-31
Sponsor / contactNOSI - Núcleo Operacional Para a Sociedade de Informação

NOSI - Núcleo Operacional Para a Sociedade de Informação
PITD2

Cabo Verde

Description

The project involves the construction and equipment of Data centre, Business centre, Incubation centre and Training and Qualification centre with ICT facilities. It will support innovation that would foster inclusive and green growth. The project will contribute significantly to other sectors of the country’s economy such as education, healthcare and other services. At its core, this project entails the installation and management of cutting-edge computer storage and processing facility and the provision of knowledge resources that will facilitate the development and transformation of government processes and private sector businesses. The Park will be located in Praia in an area of 8 hectares which is about 3 kilometers from the Praia International Airport. The project will be implemented within a period of 48 months starting from 2013. The total estimated cost of the project is 35.9 million Euro (UA 30.7 million).

Status
Ongoing
Last update
14 Aug 2026
Source
African Development Bank Group · IATI
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