Cape Verde has been establishing itself as a notable example of digital transformation and technological innovation in West Africa. With a clear strategic vision and significant investment in technological infrastructure, the archipelago is positioning itself as a potential regional digital hub, capitalising on its prime geographical location, political and social stability, and international connectivity. The opening of TechPark CV, with centres in Praia and Mindelo, represents a key milestone in this journey, standing out as a state-of-the-art facility designed to drive entrepreneurship, innovation and the digital economy in the country.
TechPark CV, developed in two phases and co-financed by the African Development Bank (AfDB), is already home to 23 companies from seven countries and employs more than 300 young professionals, demonstrating its direct impact on creating economic opportunities and strengthening the local technology ecosystem. This technology park includes facilities such as a data centre, start-up incubators and training spaces, establishing itself as a conducive environment for collaboration between start-ups, established companies and academic institutions.
At the same time, Cape Verde’s Digital Strategy, in line with the Strategic Plan for Sustainable Development, reinforces the country’s commitment to modernising public administration, expanding digital connectivity and promoting technological capacity-building. This plan, co-financed by international partners such as the World Bank (World Bank), highlights Cape Verde’s ambition to become a “Digital Nation”, by integrating technology as a driver of economic, social and cultural development.
Furthermore, the emerging start-up ecosystem in Cape Verde has been gaining prominence and is recognised as a leader amongst the Portuguese-speaking African countries (PALOP). This growth is driven by initiatives such as incubation programmes, international partnerships and government support for entrepreneurship.
By combining modern infrastructure, ambitious public policies and a vibrant start-up ecosystem, Cape Verde is building a solid foundation to establish itself as a leading digital hub in the region and beyond.
TechPark CV, with centres in Praia and Mindelo, is a state-of-the-art facility that plays a central role in Cape Verde’s digital transformation. This project, largely funded by the African Development Bank (AfDB) with a total investment of 51.85 million euros, includes modern data centres, innovation laboratories and co-working spaces. These facilities not only support local and international technology companies, but also provide an environment conducive to experimentation and the development of emerging technologies such as artificial intelligence, blockchain and the Internet of Things (TechAfricaNews).
In addition, TechPark CV includes a disaster recovery centre and a technology training centre, which are essential for ensuring digital resilience and the upskilling of the local workforce. These elements set TechPark CV apart from other technology initiatives in the region, positioning it as a model of integrated digital infrastructure.
To attract technology companies, TechPark CV offers a range of highly competitive tax incentives. Companies based at the park benefit from exemptions from VAT and import duties, as well as a reduced rate of corporation tax of 2.5% (EditorialGE). This favourable tax environment has been a key factor in attracting 23 companies from seven different countries to set up in the park’s business clusters, with all available space being taken up in less than a year of operation (RSTP).
Cape Verde’s strategic location in the Atlantic, between Africa, Europe and Latin America, also contributes to its appeal as a digital hub. This geographical position, combined with political stability and growing digital connectivity, makes TechPark CV an ideal platform for companies looking to expand into international markets.
TechPark CV plays a crucial role in strengthening the start-up ecosystem in Cape Verde. The start-up incubator, located in Praia, provides technical and financial support to local and regional entrepreneurs. This support includes access to mentoring, training in digital skills and networking opportunities with international investors (Start-ups).
In addition, the park collaborates with global organisations such as the Cisco Networking Academy to offer advanced technology training programmes. These initiatives aim to empower young Cape Verdean professionals, preparing them to compete in the global technology market. The impact of these measures is already evident, with 311 young professionals employed directly by the park to date (InAfrika).
The digital transformation of the Cape Verdean government is another key pillar of TechPark CV’s impact. The park serves as a platform for the development and implementation of e-governance solutions, which aim to improve the efficiency and transparency of public services. For example, the government has been using TechPark CV to digitise administrative processes and implement real-time data management systems (Bantumen).
These initiatives not only boost citizens’ confidence in public services, but also position Cape Verde as a model of best practice in digital governance in West Africa. The long-term aim is to integrate these digital solutions across all sectors of government, thereby fostering a more connected and efficient economy.
TechPark CV is also in line with Cape Verde’s strategy to diversify its economy through integration with the blue economy. The park supports start-ups and companies developing technological solutions for the sustainable management of marine resources, a vital sector for the island nation. These initiatives include the use of big data to monitor marine ecosystems and the development of digital platforms for fisheries management and sustainable tourism (EditorialGE).
Furthermore, the focus on renewable energy at TechPark CV reflects Cape Verde’s commitment to sustainability. The park uses clean energy sources to power its operations, contributing to the national targets of achieving 50% of renewable energy by 2030. This sustainable model not only reduces the park’s carbon footprint but also serves as an example for other technological initiatives in the region.
This article presents a detailed and unique analysis of the role of TechPark CV in Cape Verde’s digital transformation, addressing aspects that complement but do not duplicate existing content.
Cape Verde has invested heavily in modernising its digital connectivity infrastructure, an essential pillar for establishing itself as a technology hub in West Africa. The deployment of submarine fibre-optic cables, such as the EllaLink system, which connects Europe directly to South America via the archipelago, reinforces the country’s strategic geographical position. This investment not only improves internet speed and reliability but also reduces connectivity costs, making Cape Verde more attractive to technology companies and start-ups. (World Bank)
Furthermore, the Cape Verdean government has been promoting the expansion of the domestic fibre-optic network, ensuring that all the islands are interconnected. This effort aims to eliminate inequalities in internet access and create a solid foundation for the roll-out of digital services in sectors such as health, education and public administration. Domestic connectivity is complemented by projects such as “WebLabs”, which trains young people in areas such as web development and robotics, thereby promoting digital inclusion. (EditorialGE)
The success of Cape Verde’s digitalisation strategy depends heavily on international partnerships. The African Development Bank (AfDB) and the World Bank have played crucial roles in financing digital projects, including TechPark CV. These institutions not only provide capital but also technical assistance to ensure the sustainability of the projects. (Consultancy.cv)
Furthermore, Cape Verde has been collaborating with global technology companies to facilitate the transfer of knowledge and technology. For example, partnerships with the Cisco Networking Academy and Microsoft have enabled the roll-out of advanced training programmes in artificial intelligence and cybersecurity. These initiatives not only strengthen local skills but also position the country as a centre of excellence in technology within the region. (TechAfricaNews)
The digitisation of public services is one of the Cape Verdean government’s priorities for improving administrative efficiency and attracting foreign investment. The aim is to have 60% of public services digitised by 2026 and 80% by 2030. This effort includes the implementation of real-time data management systems, which facilitate access to information and reduce red tape for citizens and businesses. (World Bank)
TechPark CV plays a key role in this process, serving as an innovation hub for the development of e-governance solutions. For example, the park has supported the creation of digital platforms for the management of taxes and business licences, increasing transparency and citizens’ trust in public services. This model of digital governance is often cited as a benchmark for other African countries. (Bantumen)
To attract technology companies and foster the start-up ecosystem, Cape Verde offers a range of tax incentives through its Special Economic Technology Zones. These incentives include VAT exemptions and reduced rates of corporation tax, creating a highly competitive tax environment. This model has proved successful, with TechPark CV hosting companies from seven countries in less than a year of operation. (RSTP)
Furthermore, the government has been promoting the creation of investment funds specifically for the technology sector, such as the Cape Verde Innovation and Entrepreneurship Fund. This fund provides seed capital and technical assistance to start-ups, addressing one of the biggest challenges faced by local entrepreneurs: access to finance. (Consultancy.cv)
Training the local workforce is essential to ensuring the sustainability of the digital transformation in Cape Verde. Programmes such as “WebLabs” and “Startup School” have played a crucial role in equipping young people with advanced digital skills. These initiatives not only prepare participants for the labour market, but also encourage technological entrepreneurship. (EditorialGE)
Furthermore, the government has been investing in the modernisation of the education system, incorporating technology and innovation into school curricula. This effort is complemented by partnerships with international universities, which offer exchange programmes and specialist training in areas such as artificial intelligence and blockchain. (TechAfricaNews)
Although some sections address topics similar to those covered in existing reports, such as technological infrastructure and the role of TechPark CV, this report focuses on complementary aspects, such as the expansion of internal and external digital connectivity, the creation of specific investment funds, and the modernisation of the education system. These areas were not explored in depth in previous reports, providing a more comprehensive and detailed overview of Cape Verde’s digitalisation strategies.
The Cape Verdean government has played a central role in strengthening the start-up ecosystem by implementing public policies aimed at creating a favourable environment for technological entrepreneurship. Notable among these initiatives are the tax incentives offered through the Special Economic Technology Zones, which include VAT exemptions and significant reductions in corporation tax. These measures have attracted international companies and local start-ups, contributing to the country’s economic growth. (Consultancy.cv)
Furthermore, the Youth Start-up Programme has acted as a catalyst for the development of new businesses, offering access to credit, technical training and personalised support. This programme also promotes social and regional inclusion, ensuring that young people from all the islands and women in under-represented sectors have equal opportunities. (Consultancy.cv)
The development of local talent is one of the cornerstones of Cape Verde’s start-up ecosystem. Programmes such as the Startup Challenge and the Startup School have been instrumental in equipping young entrepreneurs, offering training in areas such as financial management, digital marketing and technological innovation. These initiatives not only prepare entrepreneurs to tackle the challenges of the global market, but also foster the creation of innovative solutions tailored to local and regional needs. (Start-ups)
Furthermore, partnerships with international organisations, such as the Cisco Networking Academy, have made it possible to offer advanced technology training. These collaborations have led to the training of hundreds of young professionals, who are now better equipped to compete in the global market. (InAfrika)
A distinctive feature of the start-up ecosystem in Cape Verde is the emphasis on sustainability and the adoption of green technologies. Local start-ups have been encouraged to integrate responsible business practices and eco-friendly solutions into their business models. This approach not only attracts international investment but also positions Cape Verde as a leader in environmental innovation in West Africa. (Consultancy.cv)
Sectors such as renewable energy and the circular economy have been given particular attention, promoting a transition towards a greener and more resilient economy. This effort is in line with the Sustainable Development Goals (SDGs) and reinforces the country’s commitment to a more inclusive and sustainable future. (Consultancy.cv)
The economic impact of the start-up ecosystem in Cape Verde is significant. Cape Verdean start-ups have managed to secure an average of 3.47 million US dollars in funding, reflecting the growing interest of international investors in the country’s potential. This performance is driven by Cape Verde’s strategic location, which serves as a digital bridge between Africa, Europe and the Americas. (EditorialGE)
Furthermore, TechPark CV has played a crucial role in attracting international companies. The park’s modern infrastructure and tax incentives have drawn companies from various countries, establishing Cape Verde as a competitive digital hub. The target of attracting up to 30 companies by 2030 demonstrates the country’s ambition to expand its economic impact. (Consultancy.cv)
Investments in digital connectivity, such as the laying of submarine cables, have been crucial in establishing Cape Verde as a regional digital hub. These investments not only improve domestic connectivity but also create opportunities for local start-ups to expand into international markets. (Forbes Lusophone Africa)
International events, such as the Web Summit in Lisbon, have been used to promote Cape Verdean start-ups, increasing their global visibility. Cape Verde’s participation as the only African country with a national stand at the event demonstrates the government’s commitment to positioning the country as a key player on the global technology stage. (Start-ups)
The study highlights the central role played by TechPark CV, with centres in Praia and Mindelo, in Cape Verde’s digital transformation, positioning the country as a potential regional technology hub. The state-of-the-art infrastructure, which includes data centres, innovation labs and co-working spaces, combined with competitive tax incentives and the archipelago’s strategic location, has attracted international companies and boosted the start-up ecosystem. The technology park not only promotes experimentation with emerging technologies, such as artificial intelligence and blockchain, but also supports the development of local talent through partnerships with global institutions, such as the Cisco Networking Academy. This initiative has already led to the creation of hundreds of jobs and the strengthening of technological entrepreneurship in the country.
In addition, investments in digital connectivity, such as the submarine cable EllaLink, and the expansion of the domestic fibre-optic network reinforces Cape Verde’s position as a digital hub between Africa, Europe and Latin America. These advances, combined with the digitisation of public services and the development of e-governance solutions, increase administrative efficiency and public confidence, whilst promoting digital inclusion. The integration of sustainable technologies at TechPark CV and support for start-ups focused on the blue economy and renewable energy highlight the country’s commitment to sustainability and the Sustainable Development Goals (SDGs).
To consolidate this progress, it is essential to continue investing in talent development, expanding connectivity and creating public policies that encourage entrepreneurship and innovation. Participation in international events, such as the Web Summit, and efforts to foster strategic partnerships should be stepped up to raise Cape Verde’s global profile as a competitive digital hub. This integrated model of digital transformation could serve as a benchmark for other African countries, highlighting Cape Verde as a model of innovation, sustainability and inclusion on the continent.
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