News from Islands
Credit line aims to favour mixed Cape Verdean-Portuguese companies
Praia, Cabo Verde, 17 Jan – A five million-euro credit line with a view to creating Portuguese-Cape Verdean companies has been opened by Cape Verde's Banco Interatlântico under the terms of a memorandum of understanding signed Saturday.
The memorandum was signed with Portugal’s Sociedade para o Financiamento do Desenvolvimento (Sofid) and state financial group Caixa Geral de Depósitos, which has a 10 percent stake in Sofid.
The credit line is sponsored by the Finance ministries of both Cape Verde and Portugal and, as well as supporting the creation of joint companies, it also aims to support mixed investment projects in Cape Verde. (macauhub)
Set-up of diesel power station in Palmeira concluded
Installation work of the new diesel power station in Palmeira, on the island of Sal, has been concluded. The new infrastructure, according to A Semana Online sources, will work as a reserve for the new photovoltaic plant located in the same village.
The equipment supplier is currently preparing final tests for the movable power plant, which has a 5 MW installed capacity and was designed along similar lines as the backup plant in Praia’s Palmarejo station. The plant will serve as backup to the solar energy plant also located in Palmeira.
Libya donates 500 computers to Cape VerdeThe 500 computers donated by Libya to Cape Verde several days ago have begun to be distributed. Yesterday, according to Operational Information Society Nucleus (NOSi) director Jorge Lopes, several computers were delivered to Pedro Gomes Secondary School in Praia, with the distribution slated to continue at other education establishments in the coming days. In this phase, a total of 25 secondary schools – half of those in the entire country – are to receive computers. The total cost of the donation is 200,000 Euros.
The 500 computers are among the 150,000 the government intends to distribute to students and teachers within the framework of the Mundu Novu program over the course of the next three years. In this initial phase, according to NOSi director Jorge Lopes, nine thousand students and teachers in 25 different secondary schools will benefit.
Mundu Novu (“New World”) is the name of the program with which the government intends to revolutionize the educational system in Cape Verde by way of information and communication technology. In order to set up the program, Praia has mobilized various partners, including Microsoft, which made software available at below-market cost.
Source: macauhub
