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Western Africa

EU Announces Investment Package For Cape Verde

The US$261 million financing will support energy, ports and telecoms projects.


By Sneha Abraham
The European Union and the European Investment Bank (EIB) have agreed a €246 million (US$261 million) investment package for Cape Verde to support the country’s green energy transition and investments in sustainable transport and digital connectivity. A €22 million corporate loan will support the expansion of Cabeolica's wind farm on the

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