Inauguration ceremony of technology park in Cape Verde, where the ADB president was honored with decorations.
Taking a Giant Leap into Tech Innovation: Cape Verde's New Tech Park
Step aside, world! Cape Verde is making some big moves with the inauguration of its tech park on São Vicente Island. The event marks a monumental stride in the country's mission to nurture creativity, export services globally, and lure international businesses. Let's dive into the nitty-gritty details!
The Tech Park: A Snapshot
This tech mecca is a hub of innovation spanning various sectors, boasting spaces for startup cultivation, training and certification centers, development and production zones, a data center, conference rooms, and business spaces. The whole shebang cost roughly 50 million euros, backed by the African Development Bank (AfDB) to keep Cape Verde on par with other world-class technology parks. The park benefits from the undersea fiber optic rings connecting the Cape Verdean islands and four international Internet cables linking the archipelago to the global network.
A Tech Powerhouse in the Making
The primary goal behind this tech park is to prime Cape Verde's economy through service exports and fostering innovation. It's a playground for startups and international companies to flourish, like Visionware, for instance. The park also nurtures a culture of innovation through collaborative training and certification programs with bigwigs like Microsoft, Cisco, and Oracle. The tech park aims to showcase Cape Verde's technological prowess on the global stage, all thanks to planned events like a visit from an American emigrant entrepreneur, scheduled to pitch in and help achieve this goal.
Akinwumi Adesina and the AfDB's Role
In recognition of his instrumental role in supporting Cape Verde's development endeavors, President of the African Development Bank (AfDB), Akinwumi Adesina, has been bestowed the medal of professional merit of the first degree. The AfDB's backing for the technology park underscores its drive to boost Africa's economic growth and innovation, achieved by strategic investments in infrastructure and technology.
The AfDB: Transforming Cape Verde
The support for the technology park symbolizes the AfDB's transformative approach to promote economic diversification and competitiveness in Cape Verde. It aligns with the country's aspirations for future development, representing a giant leap towards a technologically advanced Cape Verde that holds its own against the rest of the world. The AfDB's commitment is evident in its dedication to fostering strategic cooperation and transformative investments in critical sectors, such as sustainable energy, transportation, the digital and oceanic economy, agriculture, and good governance.
Get ready, world! Cape Verde is gearing up to make some noise in the tech sphere with the upcoming technology park inauguration on São Vicente Island. Keep your eyes peeled for more groundbreaking ventures and exciting collaborations!
- Cape Verde's technology park, a hub backed by the African Development Bank (AfDB), aims to showcase its technological prowess on the global stage, attracting international businesses and nurturing startups like Visionware.
- The executive president of the AfDB, Akinwumi Adesina, has been honored with the medal of professional merit of the first degree for his significant contributions to Cape Verde's development initiatives.
- The tech park, with spaces for startup cultivation, training centers, and business areas, is a testament to the AfDB's transformative approach to promote economic diversification and competitiveness in Cape Verde.
- As the tech park prepares to open, Cape Verde is poised to make a mark in the world of technological innovation, with events such as a visit from an American emigrant entrepreneur set to help cement its position.
