To successfully implement its digital transformation projects, Cabo Verde is multiplying partnerships with other countries. After its joint subsea fiber interconnection project with Senegal, it recently partnered with the Portuguese archipelago to promote technological innovation.

Last Wednesday, the Cabo Verdean institute for business support and promotion "Cabo Verde Digital" and Startup Madeira, a business incubator based in Madeira, Portugal, signed a memorandum of understanding aimed at stimulating entrepreneurship and boosting the two archipelagos' digital cooperation.

According to Cabo Verdean State Secretary for Innovation Pedro Lopes, the memorandum will help empower young tech entrepreneurs and encourage collaboration and the development of joint projects.

The agreement comes at a time when Cabo Verde is preparing a major digital project. In fact, the country is preparing its EUR40 million technology park, which the government believes will boost the ICT sector by positioning Cabo Verde as an international service center and as a gateway to Africa for major international technology companies.

Madeira Island is also committed to research and innovation. In 1997, the government launched Startup Madeira to offer real support to project promoters and to work for the creation and modernization of companies in every economic sector.

Thanks to the memorandum, Cabo Verde and Madeira plan to pool their experience to identify future cooperation actions to strengthen their respective entrepreneurship ecosystem and facilitate the development of innovative and digital companies.

Samira Njoya