Guinea-Bissau

Guinea-Bissau Economic Outlook

  • With a growth rate estimated at 2.6% in 2014 (0.9% in 2013) and projected to be 3.9% in 2015, the economic upturn is continuing but remains heavily dependent on the socio-political climate, the performance of the cashew-nut sector and the absence of contagion by the Ebola virus from neighbouring countries.
  • Social and political normalisation allowed technical and financial partners to return and improved tax income, although the state’s ability to broaden its tax base, to manage its wage bill and to improve tax collection will remain determining factors in economic recovery over the medium term.
  • The social and human situation is worsening and social provision fails to meet needs because of the weakness of public resources.

Guinea-Bissau and the AfDB

Since the start of its cooperation with Guinea-Bissau in 1976, the African Development Bank Group (AfDB) has financed, excluding multinational projects, 38 operations (24 projects, 7 institutional support operations, 3 studies, 3 emergency assistance operations and one line of credit) representing total net commitments of UA 188.08 million (about CFAF 150 billion).

Contacts

Bureau du Programme National de la Guinée-Bissau

Groupe de la Banque africaine de Développement
Rua Rui Djassi, Bâtiment des Nations Unies, 4è étage
Bissau, Guinée-Bissau

Tél : (245) 3201348
Fax : (245) 3201753

M. Albino Jose Cherno Embalo, Assistant administratif

Department West Africa Region

Mr. Franck Perrault, Director West Africa Region

African Development Bank Group
24ème  Etage, Immeuble  CCIA, Plateau
01 Boite Postale 1387 Abidjan 01
Côte d’Ivoire

Phone: (+225) 20 20 40 46

Key Facts

Flag:
Capital: Bissau
Area: 36,125 sq km
Total Population 2013: 1.7 Million
Urban Population 2013: 45.29%
Female Population 2013: 50.29%
GDP: US$ 1.0 Billion
GNI Per Capita 2013: US$ 510
Inflation Rate: 1.00%
Crude Birth Rate (per 1000): 37.47%
Human Development Index (rank / 187): 176
Human Development Index (scale 0 to 1): 0.364
Membership Date: 15/05/1975
Cumulative Approvals (1967-2013): UA 207.7 Million

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