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- Energy and Water Sectors Development Project
Energy and Water Sectors Development Project
Cabo Verde
| Borrower | Cabo Verde |
| Financing Type | Public Sector |
| Instrument | Project Loan |
| Focus Area | Multisectoral |
| Approved | 03.03.1999 |
| Signed | 08.07.1999 |
| Status | Completed |
| Loan Administrator | OPEC Fund |
| Executing Agency | Office of the Vice Prime Minister |
| Co-financiers | Government, Electra, Private Concess., IDA, GEF, Austria, EU |
| OPEC Fund Contribution (US$m) | 3.00 |
| Total Project Cost (US$m) | 46.15 |
Water supplies and sanitation facilities, as well as renewable energy systems will be installed on the islands of Santiago and St. Vincent under this project. The scheme will help bring better health and living conditions to thousands of families and promoted tourism, an important sector for the country’s economy.