As part of the Support Mission for the Implementation of the Renewable Energy and Energy Efficiency Improvement in Public Services Project (REIUP), which runs from February 23 to 27, the World Bank team met with the Special Projects Management Unit (UGPE) on the afternoon of Wednesday, February 25, for a working meeting dedicated to assessing …
The #Government approved, in the Council of Ministers, on January 22, 2026, new agreements for additional financing, donations, and subsidies under the Renewable Energy and Energy Efficiency Improvement in Public Services Project (REIUP), as well as the extension of the project’s implementation period until June 30, 2030. The decision follows the agreements signed on January …
REIUP project reinforced with new funding and extended deadline until 2030 Read More »
WASHINGTON, January 8, 2026 – The World Bank today approved a $13.30 million concessional financing through the International Development Association (IDA) for Cabo Verde’s renewable Energy and Improved Utility Performance Project (REIUP). The operation is co-financed by a $1.2 million concessional loan and $0.41 million grant from the Canada Clean Energy and Forest Climate Facility (CCEFCF), …
World Bank Scales Up Support to Cabo Verde’s Energy Transition and Universal Access Read More »
On Friday, February 21, the Deputy Prime Minister and Minister of Finance, Olavo Correia, accompanied by the Minister of Industry, Trade and Energy, Alexandre Monteiro, met with the mission’s technical team to assess the progress of the activities carried out over the week, in the context of the mission to Support the Implementation of the …
Review of the World Bank Mission: Deputy Prime Minister meets with the technical team Read More »
This morning, February 17, a team of consultants from the World Bank met with Cape Verde’s Minister of Industry, Trade and Energy, Alexandre Monteiro, as part of the Mission to Support the Implementation of the Renewable Energy and Improvement of Energy Efficiency in Public Services Project. The mission, which runs until February 21, aims to …
On the 16th and 17th, a workshop was held on the reform of Cape Verde’s electricity sector, focusing on the privatization of the Cape Verde Electricity Production Company (EPEC) and the Cape Verde Electricity Distribution Company (EDEC). During the workshop, the commercial structure and revenue models of the companies were discussed, as well as EPEC’s …
Workshop on the reform of the electricity sector: privatization of EPEC and EDEC Read More »
The Mid-Term Evaluation Mission of the Renewable Energy and Improved Energy Efficiency in Public Services (REIUP) Project, which runs from October 14 to 18, 2024, aims to carry out a detailed review of the project’s progress and ensure that the targets set are being met as planned. On the first day of the mission, the …
The Mission to Support the Implementation and Preparation of Additional Financing for the Renewable Energy and Improved Energy Efficiency in Public Services Project (REIUP) began on Monday (4) and will run until March 8. The Minister of Industry, Trade and Energy, Alexandre Monteiro, and the Secretary of State for Finance, Alcindo Mota, met with …
A mission from the Japanese International Cooperation Agency (JICA) is in Cape Verde for a two-day visit (January 8 and 9). On Tuesday, the delegation was received by the Coordinator of the Special Projects Management Unit, Eng. Nuno Gomes, accompanied by Eng. Daniel Santos, SCADA Project Manager, and Dr. Frederic Mbassa, a technician from #DireçãoNacionaldoPlano. …
JICA mission visits Special Projects Management Unit Read More »
On its first day of work, the Mission led by Senior Energy Specialist, Raluca Golumbeanu, met with the team from the Special Projects Management Unit (UGPE) to assess the progress of the Renewable Energy and Improved Utilities Performance Project (REIUP). The UGPE was represented by the project manager, Daniel Santos, specialists from the Environmental and …
World Bank Mission Meets with UGPE for Updated Project Assessment Read More »