Cape Verde - Technology Park Project


Project Summary

Approval Date 24 Jul 2013
Signature Date 30 Sep 2013
Planned Completion Date 31 Dec 2020
Last Disbursement Planned Date 30 Jun 2020
Sovereign / Non-Sovereign Sovereign
Sector Communications
DAC Sector Code 22010
Commitment U.A 25,231,629.39
Status Implementation

Project General 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).

Project Objectives

The overarching objective of the project is to contribute to the inclusive growth and economic diversification of the country by supporting the ICT industry. Specifically, the project is expected to promote innovation and leverage the country‘s growth by stimulating the ICT economic cluster; train youth, create new jobs in the ICT sector and position Cape Verde as an international center for services, a Gateway to Africa.

Beneficiaries

The direct beneficiaries of the proposed project are the people of Cape Verde, the ECOWAS sub region and African Portuguese Countries and in particular the public sector, academic institutions and the private sector.

Participating Organization

Funding
African Development Bank
Extending
Government Of Cape Verde
Implementing
NUCLEO OPERATIONAL DA SOCIEDADE DE INFORMACAO (NOSI)

Information

IATI identifier 46002-P-CV-G00-002
Last Update 31 Oct 2019

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Contact Details

Name JACK Salieu
Email s.jack@afdb.org

Geographic Location

Country Cape Verde
Coordinates Location Name
14.9315 -23.5125 Praia