São Tomé & Príncipe

São Tomé & 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 & Príncipe Economic Outlook

The economy saw growth above 4% in 2010–15, driven mainly by foreign direct investment (FDI) in agriculture and construction. The economy grew an estimated 5.2% in 2017, boosted by services and construction. The shortterm economic outlook is positive; GDP growth is projected at 5.5% in 2018 and 5.8% in 2019, fueled by investment in infrastructure. Services are expected to be the main contributor to aggregate output in 2017, accounting for an estimated 60% of GDP, followed by industry (20% of GDP), and agriculture (10% of GDP).

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Key Facts

Flag:
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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Location

Activity



Resources



Contacts

Bureau du Programme National de São Tomé and Príncipe

Groupe de la Banque africaine de Développement
S/C Programme des Nations Unies pour le Développement
Avenue des Nations Unies
BP 109
São Tomé and Príncipe

Tél : (239) 9907116 / (239) 2221123

Mr Flavio Soares Da Gama, Resident Country Economist

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

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