African Development Bank-backed Cabo Verde Tech Park praised for rapid growth, full occupancy, and economic diversification, funded by €45.59M loan.

The African Development Bank-backed Cabo Verde Tech Park received praise for its rapid growth, full occupancy, and role in diversifying the nation's economy. Funded by a €45.59 million loan, the Park has become a thriving technology hub since its November 2023 opening. It plans to collaborate with international institutions to provide soft skills training to 300 African youth over the next three years.