IFC Backs Second Phase of Major Airports Upgrade in Cabo Verde, Supporting Tourism and Jobs
Cape Verde, Feb. 6 -- To improve infrastructure quality across Cabo Verde's airport network and strengthen domestic and international connectivity, IFC today announced a second sustainability-linked loan for Cabo Verde Airports S.A. (CVA), reinforcing tourism as a key driver of job creation and economic growth in the country.As part of this new phase of upgrades, IFC will support CVA to enhance the capacity, operational efficiency and performance of the country's network of four international and three domestic airports, improving passenger experience and safety.The three-year program includes terminal expansions, new commercial areas, comprehensive upgrades at Sal, Praia, Sao Vicente, Sao Filipe, Sao Nicolau, and Maio airports, and a runwa...
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