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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