Cape Verde is positioning itself as a tech hub with the launch of TechPark CV, a digital innovation center backed by the African Development Bank.

The hub focuses on AI, blockchain, and fintech, aiming to attract global investors and foster local startups.

Its launch is part of a broader strategy to transform Cape Verde into a digital gateway for African tech firms.

Miguel Santos, project director, described TechPark CV as a space for innovation and opportunity.

He emphasized that the hub isn’t just about infrastructure but creating a thriving tech ecosystem.

The initiative aims to provide resources for startups, tech training, and mentorship, bridging the digital divide in Cape Verde.

TechPark CV includes advanced data centers, co-working spaces, and incubation programs.

These facilities are designed to connect local talents with global tech firms, fostering collaboration and knowledge exchange.

The goal is to position Cape Verde as a regional leader in digital transformation.

The African Development Bank invested significantly in the project, viewing it as a model for tech development in Africa.

The bank’s objective is to promote economic growth through tech-driven initiatives.

With advanced infrastructure, the hub is expected to attract international partners and investors seeking to enter African markets.

Tech experts believe that TechPark CV will drive economic development, creating jobs and boosting digital literacy.

By focusing on emerging tech, the project aims to equip local talents with skills to compete globally.

The initiative also aligns with broader efforts to bridge Africa’s tech gap.

Local entrepreneurs see TechPark CV as a platform for growth and networking. The hub will host workshops, pitch sessions, and training programs, connecting startups with potential partners and investors.

This emphasis on collaboration is expected to stimulate innovation across multiple sectors.

Cape Verde is set to host a launch event and tech summit, attracting global investors and tech firms.

The spotlight is now on TechPark CV to deliver on its promise of positioning Cape Verde as a digital leader in Africa.