FOR IMMEDIATE RELEASE October 3, 2019
Office of Communications (202) 565-3204
Washington, D.C. – Today Kimberly A. Reed, president and chairman of the Export-Import Bank of the United States (EXIM), met with Cabo Verde Secretary of State for Finance Gilberto Barros and Ambassador of Cabo Verde to the United States Carlos Wahnon Veiga. Also in attendance was Ermixon Pina Ribeiro, third secretary for Development and Economic Affairs.
The participants discussed Cabo Verde’s strategic focus on private-sector investment to reach the goal of becoming a developed country in 20 years, including the process of privatizing the national airline. Chairman Reed promoted President Trump’s Prosper Africa Initiative and the importance for Cabo Verde of building ties with U.S. interagency partners at the U.S. Department of State, the U.S. Trade Representative (USTR), the U.S. Agency for International Development (USAID), the Millennium Challenge Corporation (MCC), and the U.S. International Development Finance Corporation (DFC). Minister Barros highlighted Cabo Verde’s intentions for future wind power, infrastructure, data centers, and maritime projects.
This important bilateral meeting continues the discussion Chairman Reed previously had with Secretary Barros on May 27 on Sal Island, Cape Verde when she led the U.S. Presidential Delegation to Africa.
Left to right, Cabo Verde Secretary of State for Finances Gilberto Barros; EXIM President and Chairman Kimberly Reed; Ambassador of Cabo Verde to the United States Carlos Wahnon Veiga; and Ermixon Pina Ribeiro, third secretary for Development and Economic Affairs. Behind the Cape Verde Delegation and Chairman Reed in the Chairman’s office hangs a painting by a Cape Verde artist.