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Competitiveness for Tourism Development: Residential Tourism/Turismo de Habitação
Details
Location:Cape Verde
Category:Consulting services
Status:Awarded
Sectors:Tourism
Contracting authority: Ministry of Tourism and Transport (Cape Verde)
Associated tenders • 1
Description
Borrower Bid Reference: 91 CS UGPE 2021
Similar tenders
By Locations
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
Funding agency:
EIB
Status:
awarded
Location:
Cape Verde
By Sectors
Funding agency:
WB
Status:
awarded
Location:
Kyrgyzstan
tender Background
About the Funding Agency
The World Bank (USA) is part of an international financial agency that makes loans and grants to governments in low- and middle-income countries to fund capital projects. The United States was a driving force behind the founding of the World Bank in 1944 and it is still the World Bank's largest shareholder today.
The United States contributes to tackling critical international development concerns through the World Bank Group and has a long history of generously supporting the objectives of the World Bank Group and has been a champion of the International Development Association (IDA) which provides low-interest loans and grants to the world's poorest countries. The key U.S. priorities at the World Bank include a multilateral health and economic response to COVID-19, debt sustainability and transparency, promoting governance and fighting corruption, ending energy poverty and supporting a strong emphasis on accountability, transparency and development impact.
About the Sectors
Tourism
Focuses on the development and management of tourism activities and services that support leisure, recreation, and sustainable travel.
Key areas:
- Tourism development and destination management
- Leisure, recreation, and hospitality services
- Eco-tourism, agro-tourism, and nature-based tourism
- Hotel, resort, and travel agency operations
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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