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São Tomé and Príncipe

São Tomé and Príncipe and the AfDB

Since its first operations in 1978, the Bank provided significant support to the country’s development. As of May 2013, the Bank financed 30 operations (15 projects, five studies and seven multi-sector activities projects) valued at US $156 million. These interventions in São Tomé and Príncipe (STP) cut across all sectors: agriculture, 45%; multi-sector, 37%;and social, 18%.

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São Tomé and Príncipe Economic Outlook

Real GDP grew by an estimated 4.0% in 2019 on the back of improvements in agriculture, construction, and services. The service sector explained about 70% of the growth in 2016–18, with strong performance in wholesale and retail trade and in restaurants and hotels, which benefited from growing tourism following reforms such as the e-Visa in 2018.

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Key Facts

Capital: São Tomé
Area: 1,001 sq km
Total Population 2017: 0.2 Million ...
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 374.0 Million
GNI Per Capita 2015: US$ 1,710
Inflation Rate: 4.13%
Crude Birth Rate (per 1000): 32.50%
Human Development Index (rank / 188): 142
Human Development Index (scale 0 to 1): 0.574
Membership Date: 14/04/1977
Cumulative Approvals (1967-2016): UA 130.6 Million

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São Tomé & Príncipe Customized Office

Ms. Josephine Ngure, Deputy Director General

Southern Africa Regional Development and Business Delivery Office

African Development Bank Group
339 Witch-Hazel Avenue
Highveld Ext. 78
Centurion, South Africa

Tel: +27 12 003 6900

Mr Kapil Kapoor, Director General