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Guinea-Bissau

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).

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Guinea-Bissau Economic Outlook

Economic growth dipped slightly from 5.8% in 2016 to an estimated 5.5% in 2017 and is projected to be 5.2% in 2018. Growth in 2017 was driven mainly by food crop production (which grew 8%, up from 5.6% in 2016) and the fishing industry (which grew 9.5%, up from 9% in 2016). In the secondary sector, construction grew 16.6% in 2017 following a sharp downturn of 17.8% in 2016. In the tertiary sector, retail was up 8.9% in 2017. On the demand side, the key determinants of GDP growth in 2017 were personal spending, public investment, and exports. These reflect situational factors, such as the rise in the price of cashew.

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Key Facts

Flag:
Capital: Bissau
Area: 36,125 sq km
Total Population 2017: 1.9 Million
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 1.3 Billion
GNI Per Capita 2015: US$ 590
Inflation Rate: 3.00%
Crude Birth Rate (per 1000): 35.60%
Human Development Index (rank / 188): 178
Human Development Index (scale 0 to 1): 0.424
Membership Date: 15/05/1975
Cumulative Approvals (1967-2016): UA 232.4 Million

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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

Mr Albino Jose Cherno Embalo, Administrative assistant

West Africa Region

Mr. M. Janvier LITSE, Director West Africa Region

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

TEL. : (+225) 20 26 40 47