France plans to provide Cape Verde with a loan of 22.2 million euros to be used in a project to improve drinking water supply on two of the archipelago’s islands, the Cape Verdean press reported Thursday.
The funding from France for the Project to Increase Water Production and Distribution on the islands of Sao Vicente and Sal, will allow the Cape Verdean government to buy two new desalination units producing 5,000 cubic metres of water per day and to repair the units that are currently in operation.
The project aims to improve the operational performance of the public water and electricity distribution company, Electra, and the water service on the two islands.
An agreement to provide the loan was signed Wednesday in Praia by the Cape Verdean Finance and Planning Minister, Cristina Duarte, and by the director of the French Development Agency (AFD) for Cape Verde, Denis Castaing. (macauhub)