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The Secretary of State for Business Development, Adalgisa Vaz, announced this morning that “particular attention will be given to young entrepreneurs, within the scope of the credit line of 9 billion escudos to be launched by the Government, with more flexible conditions, to stimulate the economy, in this post-Covid recovery phase – with emphasis on …

Adalgisa Vaz announces Credit Line of 9 billion escudos “with more flexible conditions Read More »

The tutelage of the Special Projects Management Unit (UGPE) was transferred to the Ministry of Finance, in compliance with the Council of Ministers resolution nº 81/2017 of 2017 of 28 July. Before, UGPE was under the tutelage of the Ministry of Economy and Employment, and yesterday, August 31, 2017, it was officially transferred, with the …

Special Project Management Unit under New Tutelage Read More »

The African Development Bank (ADB) approved, this week, a Budget Assistance package of 20 million euros to Cape Verde. This contribution aims to invest in the E-Governance and Public Administration Modernization Program, with a view to improve digital efficiency for quality in the provision of public services, modernize the Administration, focus on transparency, and increase …

African Development Bank approves Budget Assistance of 20 million euros for Cabo Verde Read More »

The Government of Cape Verde, through the Ministry of Finance, together with the UNDP, UNFPA and UNICEF, promoted, for two weeks (13 to 21 July), the second Assessment of Financing for Development (DFA) and Financial Dialogues mission. two. Yesterday afternoon, July 20, they had a meeting with the GAO partners, to analyze the main areas …

Second Assessment Financing for Development (DFA) and Financial Dialogues II mission Read More »

The African Development Bank (ADB) delegation, led by its Deputy Director General for the West Africa region, Joseph Ribeiro, who is in Cabo Verde as part of the GAO Assessment Mission, paid a visit to the Technological Park in the City of Praia to get to know this ambitious technology-based project where innovation is privileged …

African Development Bank delegation visits Praia Technological Park Read More »

The Board of Directors of the World Bank (WB), this Thursday, February 4th, approved additional funding in the amount of 10 million dollars, for Cabo Verde under the Project “Access to Financing for Micro, Small, and Medium Enterprises”. The objective of this strengthening of the “Access to Financing for Micro, Small, and Medium Enterprises Project” …

World Bank approves additional funding of 10 million dollars to support Micro, Small, and Medium Enterprises Read More »