News
16 June 2025

Cabeolica Phase II expansion gets DFI backing

In:
Power, Renewables
Region:
Middle East & Africa

AfDB has approved €19.6 million ($21 million) in financing to support the Cabeolica Phase II Expansion Project in Cabo Verde. The financing is for the scaling-up of wind power generation and installation of battery energy storage, marking the country’s first such large-scale...

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