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- Operations
- Telecommunications Project
Telecommunications Project
Cabo Verde
| Borrower | Cabo Verde |
| Financing Type | Public Sector |
| Instrument | Project Loan |
| Focus Area | Telecom |
| Approved | 06.04.1982 |
| Signed | 21.05.1982 |
| Status | Completed |
| Loan Administrator | OPEC Fund |
| Executing Agency | Direction Nationale des Postes et Telecommunications |
| Co-financiers | AFDB, IRAQF, Gov't of Brazil |
| OPEC Fund Contribution (US$m) | 1.50 |
| Total Project Cost (US$m) | 12.50 |
The objective is to upgrade the existing telecommunication system to respond to the increasing demands of the country and to accommodate particularly the number of economic projects presently undertaken.