The IIB said it is ready to mobilise long-term financing for energy, water, education and health projects in Cape Verde.
The International Investment Bank has said it is ready to help Cape Verde access long-term financing. The institution believes it can mobilise tens of millions of euros for key projects in energy, water, education and health.
The bank highlighted the country’s stability, the peg of the escudo to the euro and its Atlantic location as factors favouring investment. The partnership aims to turn financing opportunities into projects with economic and social impact.
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New guidelines will make it easier to finance innovation in Beijing, Shanghai and the Guangdong-Hong Kong-Macao Greater Bay Area.
Cape Verde strengthened its partnership with BADEA and expects financing for priority education, health and infrastructure projects.
Cape Verde presented at the Small States Forum an agenda focused on private investment, job creation and sustainable growth.
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