- Real GDP growth slowed down to 3.8% in 2016 from 4.8% in 2015, reflecting challenges in the business and investment environment and capacity gaps in government institutions.
- The government’s decision to access supplemental-support resources from the AfDB’s Transition Support Facility (TSF) to scale up investments in agriculture should strengthen resilience and improve livelihoods for the majority of the rural population.
- Eritrea’s rich entrepreneurial tradition, despite constraints including the energysupply deficit, skills mismatch and poor telecommunication infrastructure, provides opportunities for private-sector growth and industrialisation.
|Area:||118,000 sq km|
|Total Population 2017:||5.5 Million|
|Urban Population 2017:||73.50%|
|Female Population 2017:||49.70%|
|GDP:||US$ 6.0 Billion|
|GNI Per Capita 2015:||US$ 740|
|Crude Birth Rate (per 1000):||32.00%|
|Human Development Index (rank / 188):||179|
|Human Development Index (scale 0 to 1):||0.420|
|Cumulative Approvals (1967-2016):||UA 124.7 Million|
|P-ER-AAZ-002|| DROUGHT RESILIENCE AND SUSTAINABLE LIVELIHOODS PROGRAMME DRLSP-IV ERITREA ||ApprovedAPVD|
|P-ER-EAZ-003|| GROUNDWATER ASSESSMENT, AQUIFER MAPPING AND WELL DEVELOPMENT ||ApprovedAPVD|
- 15/02/2017 - AfDB commits US $3.50 million to IGAD Regional Infrastructure Master Plan
- 27/01/2017 - AfDB supports Drought Resilience and Sustainable Livelihood Program in Eritrea
- 04/03/2015 - AfDB approves US $19 million in loans and grants to boost skills of tradespeople and agro-scientists in Eritrea