CAPE VERDE CONNECTIVITY PROGRAMME

Promoteur – Intermédiaire Financier

CABO VERDE TELECOM SA

Lieu

• Cap Vert

Description

The project concerns the promoter's investments in Cape Verde to increase the availability and quality of mobile and fixed high speed broadband services - based on 3G, 4G and Fiber to the x (FTTx) - as well as the construction and installation of a submarine cable branch to link Cape Verde to a Latin America to Europe submarine cable system.

Objectifs

The project constitutes the next step in the development of the telecommunications infrastructure in Cape Verde. With the expansion of the mobile broadband and fiber networks, in addition to the necessary upgrade of the international connectivity, the telecommunications services in the country are expected to get closer to the international state-of-the-art standards.

Secteur(s)

• Télécom - Information et communication
• Énergie - Production et distribution d'électricité, de gaz, de vapeur et d'air conditionné

Under Global Europe NDICI guarantee

Under EFSD+ Guarantee

Montant BEI envisagé (montant approximatif)

USD 25 million (EUR 22 million)

Coût total (montant approximatif)

USD 60 million (EUR 53 million)

Aspects environnementaux

If located in the EU, telecommunications projects including submarine cables would not fall under Annex I or II of the Directive 2014/52/EU amending the Environmental Impact Assessment Directive (EIA) 2011/92/EU. The EIB will require the project's compliance with the relevant environmental legislation and, in any case, the preparation of an Environmental and Social Impact Assessment (ESIA) at least for the submarine cable part of the project to ensure that appropriate mitigation measures are adopted.

Passation des marchés

Implementation of the project will be done in line with EIB's Guide to Procurement.

Statut

Signé - 10/04/2019