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Digital Cabo Verde Project

Abstract*

The proposed Additional Financing for the Digital Cabo Verde Project is articulated around the following three components: Component 1: Enabling Legal and Regulatory Environment (US$0.65 million equivalent). This component is being scaled up to expand the parent project activities with the objective of further strengthening the legal and regulatory environment to boost the development of the country’s digital economy. The AF will provide additional...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

To strengthen Cabo Verde’s digital competitiveness foundations and improve the provision of digital public services

Key Details

Project Details

  • P171099

  • Active

  • Camila Mejia Giraldo , Natalija Gelvanovska-Garcia

  • Republic of Cabo Verde

  • Cabo Verde

  • November 18, 2019

  • (as of board presentation)

    November 12, 2020

  • December 22, 2020

  • US$ 20.00 million

  • Directorate of Telecommunications and Digital Economy (Ministry of Digital Economy),Special Projects Management Unit, PIU (UGPE) (Ministry of Digital Economy)

  • Western and Central Africa

  • 2021

  • US$ 20.00 million

  • N/A

  • Low

  • October 31, 2025

  • Yes

  • BANK APPROVED

  • January 24, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 20.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 20.00
IBRD + IDA Commitment 20.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 20.00

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Dec 16, 2021 IDA-67920 Int Charges 432.41
Dec 16, 2021 IDA-67920 Int Charges 8,434.18
Dec 16, 2021 IDA-67920 Int Charges 8,434.18
Nov 14, 2022 IDA-67920 Loan Disb 44,753.02
Nov 14, 2022 IDA-67920 Loan Disb 46,702.71
Nov 14, 2022 IDA-67920 Loan Disb 13,023.36
Nov 14, 2022 IDA-67920 Loan Disb 55,076.47
Nov 12, 2020 IDA-67920 Loan Commitment 20,000,000.00
Jun 15, 2024 IDA-67920 Int Charges 1,288.08
Jun 15, 2024 IDA-67920 Int Charges 1,288.08
Jun 15, 2024 IDA-67920 Int Charges 34,812.02
Jun 15, 2024 IDA-67920 Int Charges 34,812.02
Mar 6, 2024 IDA-67920 Loan Disb 762,983.75
Dec 15, 2022 IDA-67920 Int Charges 10,012.62
Dec 15, 2022 IDA-67920 Int Charges 10,012.62
Nov 29, 2022 IDA-67920 Loan Disb 25,622.32
Nov 29, 2022 IDA-67920 Loan Disb 11,640.31
Nov 29, 2022 IDA-67920 Loan Disb 26,552.56
Nov 29, 2022 IDA-67920 Loan Disb 70,093.78
May 15, 2023 IDA-67920 Loan Disb 3,000,000.00
May 15, 2023 IDA-67920 Loan Disb 127,941.86
May 15, 2023 IDA-67920 Loan Disb 10,496.82
Feb 8, 2023 IDA-67920 Loan Disb 443,433.47
Feb 8, 2023 IDA-67920 Loan Disb 187,290.60
Feb 8, 2023 IDA-67920 Loan Disb 119,804.32
Jun 30, 2023 IDA-67920 Loan Disb 151,452.95
Jun 30, 2023 IDA-67920 Loan Disb 145,961.80
Jun 15, 2023 IDA-67920 Int Charges 588.92
Jun 15, 2023 IDA-67920 Int Charges 588.92
Jun 15, 2023 IDA-67920 Int Charges 14,055.86
Jun 15, 2023 IDA-67920 Int Charges 14,055.86
Jun 6, 2023 IDA-67920 Loan Disb 63,948.43
Nov 1, 2023 IDA-67920 Loan Disb 28,671.08
Dec 18, 2023 IDA-67920 Loan Disb 488,023.88
Dec 18, 2023 IDA-67920 Loan Disb 241,276.34
Nov 1, 2023 IDA-67920 Loan Disb 442,997.16
Nov 1, 2023 IDA-67920 Loan Disb 141,274.28
Nov 1, 2023 IDA-67920 Loan Disb 59,432.79
Dec 15, 2023 IDA-67920 Int Charges 1,754.13
Dec 15, 2023 IDA-67920 Int Charges 1,754.13
Dec 15, 2023 IDA-67920 Int Charges 27,077.80
Dec 15, 2023 IDA-67920 Int Charges 27,077.80
Mar 29, 2024 IDA-67920 Loan Disb 11,080.13
Mar 29, 2024 IDA-67920 Loan Disb 54,556.28
Mar 13, 2024 IDA-67920 Loan Disb 330,239.12
Jul 13, 2021 IDA-67920 Loan Disb 37,291.33
Apr 16, 2021 IDA-67920 Loan Disb 284,466.88
Jun 15, 2021 IDA-67920 Int Charges 4,404.46
Jun 15, 2021 IDA-67920 Int Charges 4,404.46
May 21, 2021 IDA-67920 Loan Disb 121,957.34
Mar 24, 2021 IDA-67920 Loan Disb 941,505.70
Dec 22, 2020 IDA-67920 Loan Disb 786,963.70
Mar 18, 2022 IDA-67920 Loan Disb 10,662.87
Mar 18, 2022 IDA-67920 Loan Disb 60,061.80
Mar 18, 2022 IDA-67920 Loan Disb 279,752.20
Nov 23, 2021 IDA-67920 Loan Disb 87,491.05
Nov 23, 2021 IDA-67920 Loan Disb 165,434.06
Aug 17, 2021 IDA-67920 Loan Disb 41,247.02
Jun 15, 2022 IDA-67920 Int Charges 112.09
Jun 15, 2022 IDA-67920 Int Charges 112.09
Jun 15, 2022 IDA-67920 Int Charges 10,067.53
Jun 15, 2022 IDA-67920 Int Charges 10,067.53
Nov 12, 2021 IDA-67920 Loan Disb 131,261.52
Jul 15, 2021 IDA-67920 Loan Disb 103,567.71
Dec 15, 2022 IDA-67920 Int Charges 264.31
Dec 15, 2022 IDA-67920 Int Charges 264.31
Dec 16, 2021 IDA-67920 Int Charges 432.41

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Project Management Satisfactory 2025-01-23
Progress towards achievement of PDO Satisfactory 2025-01-23
Monitoring and Evaluation Satisfactory 2025-01-23
Project Management Satisfactory 2025-01-23
Monitoring and Evaluation Satisfactory 2025-01-23
Overall Implementation Progress (IP) Satisfactory 2025-01-23
Financial Management Moderately Satisfactory 2025-01-23
Procurement Moderately Satisfactory 2025-01-23
Progress towards achievement of PDO Satisfactory 2025-01-23
Overall Implementation Progress (IP) Satisfactory 2025-01-23
Procurement Moderately Satisfactory 2025-01-23
Financial Management Moderately Satisfactory 2025-01-23

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Mobile broadband (3G and above) penetration rates (unique mobile-broadband subscriptions per 100 inhabitants)Value70.1077.6880.00
    DateJune 30, 2020July 18, 2023October 31, 2025
    Comment
  • Share of people using online government services as a percentage of the total number of internet usersValue0.000.0060.00
    DateJune 30, 2020April 8, 2022October 31, 2025
    Comment
  • of which % female usersValue0.000.000.00
    Date
    Comment
  • Number of additional in and out-of-school youth receiving certificates in intermediate and advanced digital skillsValue0.008353.0025000.00
    DateJuly 15, 2020July 18, 2023October 31, 2025
    Comment
  • of which % urban usersValue0.000.000.00
    Date
    Comment
  • of which % rural usersValue0.000.000.00
    Date
    Comment
  • of which % femaleValue0.000.0020.00
    Date
    Comment
  • Number of digital solution firmsValue0.004.0015.00
    DateJuly 15, 2020July 18, 2023October 31, 2025
    Comment
  • of which % women-owned/ledValue0.000.000.00
    Date
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Digital Government Services Platforms upgradedValue0.002.006.00
    DateMarch 27, 2020July 18, 2023October 31, 2025
    Comment
  • Grievances addressed within the stipulated service standardsValue0.000.0090.00
    DateJuly 15, 2020July 18, 2023October 31, 2025
    Comment
  • Average monthly wholesale price of international E1 capacity link from capital city to Europe (2 megabits per second, in USD)Value1900.001900.00200.00
    DateJune 30, 2020July 18, 2023October 31, 2025
    Comment
  • Telecom/ICT guidelines, policies and/or regulations drafted and submitted to the relevant higher authoritiesValue0.000.001.00
    DateMarch 27, 2020July 18, 2023October 31, 2025
    Comment
  • Number of additional basic and secondary schools with improved access to internet for pedagogical purposesValue0.000.00130.00
    DateMarch 27, 2020July 18, 2023October 31, 2025
    Comment
  • Cybersecurity Policy and Strategy adoptedValueNoNoYes
    DateMarch 31, 2020July 18, 2023October 31, 2025
    Comment
  • Strategic Realignment of NOSI completedValueNoNoYes
    DateApril 30, 2020July 18, 2023October 31, 2025
    Comment
  • Studies to Support the Digital Economy CompletedValue0.000.003.00
    DateJune 30, 2020July 18, 2023October 31, 2025
    Comment
  • Number of entrepreneurs benefited by the mentorship programValue0.000.00150.00
    DateJune 15, 2022July 18, 2023October 31, 2025
    Comment