Cabo Verde Launches €24 Million “Morabeza Fund” to Boost Startups and Drive Digital Transformation
The fund represents a key step in the government’s broader strategy to position Cabo Verde as a regional hub for innovation, technology, and entrepreneurship.
The Government of Cabo Verde has officially launched the “Morabeza Fund,” a €24 million initiative designed to support startups and accelerate the country’s transition into a fully digital economy.
The fund represents a key step in the government’s broader strategy to position Cabo Verde as a regional hub for innovation, technology, and entrepreneurship. By providing financial support and fostering a favorable environment for emerging businesses, the initiative aims to stimulate economic growth, create jobs, and strengthen the nation’s digital ecosystem.
According to the Ministry of Digital Economy, the Morabeza Fund underscores Cabo Verde’s commitment to empowering local innovators, promoting technological advancement, and ensuring inclusive participation in the digital transformation of the country.
