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Power System Modelling Simulation Tool (PSS®Sincal) License Upgrade and Training Services
Details
Location:Cape Verde
Category:Non-consulting services
Status:Awarded
Sectors:ICT & Telecommunications
Contracting authority: Electra SARL
Description
Reference number: EIB-GtP/Contract Nº 02/Comp3/2020
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tender Background
About the Funding Agency
The European Investment Bank (EIB) is the lending arm of the European Union. The EIB is the biggest multilateral financial institution in the world and one of the largest providers of climate finance.
The EIB works closely with other EU institutions to foster European integration, promote the development of the EU and support EU policies in over 160 countries around the world.
Through EIB Global, set up in 2022 to increase the impact of our development finance, the EIB helps address global challenges and creates growth and opportunity on all continents.
About the Sectors
ICT & Telecommunications
Features information and communication technologies, digital systems, and telecommunications infrastructure and services.
Key areas:
- ICT systems, software, and digital solutions
- Telecommunications networks and services
- Digitalization, data, and communication tools
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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