Cabo Verde

21-Dec-2018

Cabo Verde: l’aéroport de Praia se modernise et dynamise l’économie de l’archipel

Dans sa stratégie globale de promotion de la croissance économique, le gouvernement de Cabo Verde a placé parmi ses priorités, le développement des infrastructures de transport du pays, en particulier ses infrastructures aéroportuaires ; une des cinq priorités érigées par la Banque africaine de développement (BAD) pour favoriser l’accroissement de la productivité et de l'activité économique du continent africain. Le gouvernement de Cabo Verde sait compter sur le soutien et l’assistance technique et financière de la Banque, en vue de l’accompagner dans l’atteinte des...
08-Oct-2018

Multinational – Support to ECOWAS for Peace & Development (PADEP) - PCR

The development objective is to finance and support ECOWAS ( Economic Community of West African States) in promoting peace , particularly in member countries experiencing conflict , with the aim of strengthen ing the institutional capacities of ECOWAS and its direct involvement in tackling regional issues in peace building and refugee reinstallation.
16-Aug-2018

Cabo Verde - Private Sector Competitiveness and Local Economic Development Programme (PSC-LED) PHASE I

Management hereby submits the following proposal and recommendation to grant a loan of EUR 20 million to the Republic of Cabo Verde to finance the Private Sector Competitiveness and Local Economic Development Programme - Phase I (PSC-LED-I). PSC-LED-I is the first phase of a programme-based budget support operation covering fiscal years 2018 and 2019, with an overall indicative financing of EUR 40 million. PSC-LED-I presents the multi-annual framework of the programme and provides a list of reform measures considered as indicative triggers for the second phase (PSC-LED-II). The programme-...
27-Jul-2018

Cabo Verde - Porto Inglês And Palmeria Ports Expansion And Modernisation Project – ESIA Summary

This document is a summary of the Environmental and Social Impact Assessment (ESIA) of the Porto Inglês and Palmeira Ports Modernisation and Expansion Project in Cabo Verde. It covers the works executed in these ports as well as the ancillary infrastructure (see project description for details). An ESIA as well as an Environmental and Social Management Plan (ESMP) were prepared by Motaengil in English in 2016 for the expansion of Palmeira Port (phases 1 and 2) and another ESIA was prepared by Consulmar in Portuguese in August 2017 for the Maio Port. Following comments from the Ministry of...
23-Jul-2018

Water project in Cabo Verde saves communities, transforms livelihoods of women

A water irrigation and supply system funded by the African Development Bank has transformed the lives of rural farming communities in Cabo Verde’s Santiago Island, sparing farmers grueling treks of up to 20 kilometres to fetch water for farming and daily use. Santiago Island, Cabo Verde’s largest and most important agricultural centre, depends on water for its survival, but for years had been beset by endemic water shortages. Traditionally women, who make up a significant percentage of farmers, were hardest hit by the shortfall in supply. The Lopes family are typical farmers hailing...
18-Jul-2018

Remarks by Dr. Akinwumi Adesina, President, Africa Development Bank at the 12th Conference of Heads of State and Governments of the Community of Portuguese Languages Countries, held at Santa Maria, Sal, Cabo Verde, July 17-18, 2018

Your Excellencies, distinguished ladies and gentlemen, I am delighted to join you here today to witness the signing of the Declaration on the “Development Financing Compact for Lusophone Countries”. To properly enter my registration code, therefore, let me say: Estou muito feliz por estar aqui Espero que isso seja o suficiente para me tornar membro da CPLP. Today is an auspicious day for the African Development Bank, for Lusophone countries of Africa, the Governments of Portugal and Brazil and the entire CPLP countries. The CPLP countries have huge potential....
12-Mar-2018

West Africa Economic Outlook 2018

The West Africa Economic Outlook presents a comprehensive economic analysis of the 16 countries in this region, focusing on growth, macroeconomic stability and employment, structural change, and poverty reduction. It provides estimates for 2017 and projections for 2018 and 2019. A second part of the outlook examines the labor market in more detail. Average GDP growth in West Africa stalled in 2016, after several strong years, to 0.5 percent. It rebounded in 2017 to 2.5 percent, and was projected to rise to 3.8 percent in 2018 and 3.9 percent in 2019. Countries’ performance varied, but because...
09-Jan-2018

Sauce Arachide (viande de brousse) avec foutou banane

A key characteristic of the Republic of Cabo Verde in climatic terms is its very high level of water stress. Indeed, the country’s climate is characterized by very low rainfall (230 mm/year on average) with high intensities and poor temporal and spatial distribution. With the exception of desalinized sea water, the water resources used for various purposes come essentially from ground water. Ground water is used preferentially for DWS and surface water for agriculture. In a situation of insufficient ground water, desalinized sea-water is also used for DWS. This situation puts pressure on...
01-Jul-2017

West Africa Policy Notes - Note 02, June 2015

The West Africa Department The West Africa Department covers 14 West African Countries from Senegal to Benin. The Department’s responsibilities include country dialogue, programming of the Bank’s activities in these countries as well as allocation of country resources among sectors activities; country and regional lending and work programs. The main deliverables for the Regional Department are: Economic & Sector Studies (ESW), Country Strategies, Country Portfolio Reviews, coordination of country portfolio management, Country Economic Reviews, contributions to sector analytical work,...
15-Jan-2016

Blue Economy: Cape Verde wins SEFA grant to develop revolutionary wave-powered desalination system

Cape Verde was awarded a US $930,000 grant by the African Development Bank-hosted Sustainable Energy Fund for Africa (SEFA) on December 21, 2015 to develop the world’s first wave-driven desalination system. Wave2O™, to be located in Praia Grande, Cape Verde, will operate completely “off-grid” and supply more than 48,000 people with clean fresh water at a competitive cost. The system is expected to have a capacity of 4,000 m3/day of water and will eliminate 5,400 metric tons of CO2 per year. Resolute Marine Energy (RME) Cape Verde, a subsidiary of the US-based RME and the company which will...
02-Oct-2015

Cabo Verde : Projet de gestion des bassins versants

02-Oct-2015

L’action de la BAD dans l’agriculture et l’agro-industrie

Pour une vie meilleure : des projets agricoles de la BAD à fort impact au Cabo Verde, au Ghana, au Rwanda et en Zambie
02-Oct-2015

Afrique de l'Ouest - Projet régional de gestion durable du bétail ruminant endémique (PROGEBE)

10-Aug-2015

West Africa Monitor Quarterly – Issue 7

West Africa continues its transformation. This 7th edition provides an update on the latest political, economic, and social developments in the region, and in select countries. The thematic paper and country notes analyse the contribution of Diasporas to regional development. Since 2006, remittances to West Africa have surpassed ODA in terms of volume received by the region. Although still scattered and fragmented, these funds could potentially finance development, provided that recipient countries support investment by the Diaspora, and encourage members to launch socio-economic projects in...
06-Jun-2015

West Africa Monitor Quarterly – Issue 6

West Africa continues its transformation. This 6th edition provides an update on the latest political, economic and social developments at the regional level and in individual countries. Through country updates and thematic papers, it explores the mobile financial services sector. The rapid and widespread adoption of cell phone technology has allowed for the emergence of mobile payment, promoting the financial inclusion of an unbanked majority, in areas where cash dominates trade. The current issue presents an overview of the market in West Africa and analyses the main obstacles to wider...
11-Feb-2015

Combined mid-term review and regional portfolio performance review of the regional integration strategy paper for West Africa 2011 – 2015

In November 2011, the Board approved the Bank’s Regional Integration Strategy Paper for West Africa 2011-2015 (WA-RISP), covering a grouping of 15 member countries of Economic Community of West African States (ECOWAS). Such group has a diverse mix of political, economic, social and geographic characteristics, ranging from the dominance of Nigeria the regional heavyweight, to the small size of other national markets, including landlocked countries and an island state. The WA-RISP is articulated around two pillars, (i) linking regional markets and, (ii) building capacity for effective...
10-Feb-2015

Project Briefs of 2010 OPSM Projects

Argan Infrastructure Fund (ARIF), is a closed-end private equity with a 12 year-term. ARIF plans to commit approximately 40% of its operations to Morocco, 30% to other North African countries and 30% to Sub-Saharan Africa, in particular, West Africa. The fund’s target areas are energy, transportation and logistics, water and electricity distribution, environmental services, telecommunications as well as other infrastructure-related sectors
21-Nov-2014

West Africa Monitor Quarterly - Issue 4

The West Africa Monitor is produced by the country economists of the African Development Bank Group’s (AfDB) West Africa Regional Department (ORWA) and Nigeria Department (ORNG). The current issue has been produced in close collaboration with the United Nations Industrial Development Organisation (UNIDO), the the Bank’s Agriculture Department (OSAN) and Statistics Department (ESTA).
25-Aug-2014

Just released: the West Africa Monitor Quarterly, Issue 3

The African Development Bank released on August 21 its latest edition of the West Africa Monitor Quarterly. The report follows key socio-economic developments in the region and provides brief analysis on latest events across the countries.  In its first section, the publication provides a regional overview of the main trends in the region, with the resurgence of violence in some countries, and the economic challenges faced by others.  “West Africa’s growth remains strong in the first half of the year and the region is arguably one of the fastest growth engines for Africa”,..., Emanuele Santi
21-Aug-2014

West Africa Monitor Quarterly - Issue 3

The West Africa Monitor is produced by the country economists of the African Development Bank Group’s (AfDB) West Africa Regional Department (ORWA) and Nigeria Department (ORNG). The current issue has been produced in close collaboration with the Bank’s Energy Department (ONEC) and Statistics Department (ESTA). Part of the Bank’s Knowledge Management Strategy for West Africa, it aims at monitoring key socio-economic developments in the region and provides brief analysis on latest events across the countries. The report is deliberately crafted to be succinct and in non-technical language...