Eritrea
- Growth is expected to accelerate in 2012/13 thanks to a resumption of port activities and foreign direct investment (FDI).
- The country conducts prudent macroeconomic policies and pursues the structural reforms agreed with the International Monetary Fund (IMF).
- More than 70% of the population live in poverty and more than half of those of working age have no jobs.
- 16/12/2011 - The African Development Fund Supports the Education Sector in Eritrea with a USD 19.2 million Grant
- 25/11/2011 - Domestic Resource Mobilization for Poverty Reduction in East Africa: Lessons for Tax Policy and Administration
- 28/05/2010 - AfDB-Eritrea: USD 12.9 Million Grant To Support Higher Education
Project Portfolio
| Reference | Project | Status |
|---|---|---|
| P-ER-IAE-001 |
Support to Technical and Vocational Education and Training - Stvet Project Categories: Human Capital Development, Education |
OngoingOnGo |
| P-ER-IAD-001 |
Support to Higher Education Development Categories: Human Capital Development, Education |
OngoingOnGo |
Contacts
Mr. Kupukile Mlambo
African Development Bank Group
Temporary Relocation Agency (TRA)
15 Avenue du Ghana
P.O Box 323-1002, Tunis-Belvédère, Tunisia
Tel: (216) 7110-2889
Location
Key Facts
| Flag: |  |
| Capital: | Asmara |
| Area: | 118,000 sq km |
| Total Population 2012: | 5.6 Million |
| Urban Population 2012: | 22.61% |
| Female Population 2012: | 50.68% |
| GDP: | US$ 3.1 Billion |
| GNI Per Capita 2012: | US$ 430 |
| Inflation Rate: | 17.00% |
| Crude Birth Rate (per 1000): | 34.78% |
| Human Development Index (rank / 187): | 181 |
| Human Development Index (scale 0 to 1): | 0.351 |
| Membership Date: | 13/05/1994 |
| Cumulative Approvals (1967-2012): | UA 105.7 Million |
