Cabo Verde Airlines: Praia Extends $2.4 Million Loan Guarantee by Another Year
The government of Cabo Verde has granted
authorization to the General Treasury Directorate to extend the state guarantee
to Transportes Aéreos de Cabo Verde, S.A. (TACV) for a loan of 250 million
escudos (approximately $2.4 million USD) secured from Caixa Económica de Cabo
Verde. This decision comes as the company resumes operations following the
reversal of its privatization process.
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