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IFB - Cabo Verde - Photovoltaic Solar Micro Production System for Self-consumption in the Cabo Verde Technology Park (CVTP) – Praia - Phase II
Details
Location:Cape Verde
Category:Goods
Status:Awarded
Sectors:Energy
Languages:English
Contracting authority: Ministry of Finance of Cape Verde / Ministério das Finanças de Cabo Verde
Associated tenders • 1
Description
IFB - Cabo Verde - Photovoltaic Solar Micro Production System for Self-consumption in the Cabo Verde Technology Park (CVTP) – Praia - Phase II
The Government of the Republic of Cabo Verde has received financing from the African Development Bank hereinafter called the Bank toward the cost of the Cabo Verde Technology Park (CVTP) – Phase II, and intends to apply part of the proceeds toward payments under the contract for Purchase a Photovoltaic Solar Micro production System for self-consumption in the Praia Cabo Verde technology park - (CVTP) – Phase II. For this contract, the Borrower shall process the payments using the Direct Payment disbursement method, as defined in the Bank’s Disbursement Guidelines and procedures for Investment Project Financing, except for those payments, which the contract provides to be made through letter of credit.
Similar tenders
By Locations
Funding agency:
WB
Status:
awarded
Location:
Cape Verde
Funding agency:
GIZ
Status:
awarded
Location:
Benin, Burkina Faso, Cape Verde, Cote d'Ivoire, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, Togo
By Sectors
Funding agency:
WB
Status:
awarded
Location:
Congo
tender Background
About the Funding Agency
The African Development Bank is a regional multilateral development finance institution, established in 1963, with a mandate to further economic development and social progress of African countries, individually and collectively. 80 member countries including all the 54 African countries and 26 non-African countries in the Americas, Europe and Asia own the Bank.
The Bank's principal functions include:
- using its resources for the financing of investment projects and programs relating to the economic and social development of its Regional Member Countries (RMCs);
- the provision of technical assistance for the preparation and execution of development projects and programs;
- promoting investment in Africa of public and private capital for development purposes; and (iv) to respond to requests for assistance in coordinating development policies and plans of RMCs. In its operations, the Bank is also required to give special attention to projects and programs that promote regional integration.
The Bank began its operations from its headquarters, in Abidjan, Côte d’Ivoire on July 1, 1966. For the purpose of its operations, the Bank also maintains Regional Resource Centers and Field Offices within RMCs.
For projects financed by the Bank resources, the charter requires suppliers for contracts for institutional activities and projects to be nationals of a member country. Only bidders from a member country of the Bank are eligible to participate in the procurement process. For goods to be eligible, they must originate from a member country.
About the Sectors
Energy
Involves the production, transformation, transportation, and distribution of energy from renewable and non-renewable sources.
Key areas:
- Renewable and non-renewable energy production
- Energy infrastructure and distribution systems
- Power generation and energy supply solutions
Locations
Cape Verde
Cape Verde has prioritized infrastructure investment to support its service-oriented economy, particularly through upgrades to ports, airports, energy networks and transport links across the archipelago. While geographic isolation and high operational costs pose challenges, the country maintains relatively strong infrastructure standards compared with regional peers and continues to develop connectivity, renewable energy and ICT capacity to foster tourism, trade and economic diversification. Strengthening financing mechanisms - including public-private partnerships and innovative instruments - is key to bridging development finance gaps and sustaining growth.
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