The African Development Bank (AfDB) recently approved a 17.71 million euro ($20.63 million) loan for the second phase of Cape Verde’s E-Governance and Public Financial Management Reform Program.

The bank said the funding is designed to stimulate economic growth through digitization while strengthening private sector competitiveness. It follows financing approved in 2024 and is intended to enable the Cape Verdean government to deepen its structural reforms.

For more information, please see https://www.wearetech.africa/en/fils-uk/solutions/cape-verde-gets-17-7-million-afdb-support-for-e-governance-upgrade