Cabo Verde is set to deepen its transition toward a more transparent, technology-driven public sector following the African Development Bank’s approval of a €17.71 million loan to advance the second phase of the country’s E-Governance and Public Financial Management Reform Programme.
The new financing, endorsed on Monday, builds on support extended last year as the island nation intensifies its push to use digital tools to grow the economy, modernise state institutions and improve the daily lives of citizens.
Abdoulaye Coulibaly, Director of the Bank’s Governance and Economic Reforms Department, said the initiative aims to “stimulate economic growth through digitization and private-sector competitiveness, while advancing e-governance reforms to modernise public administration and consolidate public finances”. Boosting government services that matter to people’s existence.
One of the programme’s core goals is to make public services faster and more accessible. The rollout of e-Justice for example, will digitize court procedures, reducing delays, improving transparency and helping ordinary citizens and businesses resolve disputes more efficiently.
New incentives targeting private operators for Cabo Verde’s growing technology park, including clearer admission rules for digital nomads and high-growth tech firms, are expected to open more job opportunities for young people, support local innovation and attract talent from around the world. Strengthening governance and increasing trust.
The second phase of reforms focuses on improving how public money is managed and how government decisions are communicated. Cabo Verde will publish a full assessment of its annual tax expenditures in the 2026 budget and introduce an action plan to rationalise these expenditures. This are important steps toward greater fiscal transparency and public trust.
The African Development Bank will also fund a Public Expenditure and Financial Accountability (PEFA) assessment in early 2026, giving policymakers and citizens a clearer picture of how effectively national resources are being used. This is a reform programme with broad social reach.
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