São Tomé and Príncipe

27-Mar-2020

São Tomé-et-Principe : la Banque africaine de développement fait un don de plus de 12 millions d’euros pour financer la transition énergétique

Le Conseil d’administration du Fonds africain de développement (FAD), le guichet de financement concessionnel du Groupe de la Banque africaine de développement, a approuvé, mercredi 25 mars à Abidjan, un don de 12,46 millions d’euros (10 millions d’Unités de compte) destiné à financer le Programme de transition énergétique et d’appui institutionnel (ETISP) à São Tomé-et-Principe. L’ETISP, prévu pour une période de moins de cinq ans, a un coût global d’environ 13 millions d’euros (10,44 millions UC), dont 550.462 euros (440 000 UC) financés par le gouvernement santoméen. L’objectif du...
06-Mar-2020

São Tomé and Príncipe - Economic Reform and Power Sector Support Program – Phase I (ERPSSP-I) - Project Appraisal Report

Promote inclusive and sustainable economic growth and poverty reduction by accelerating reforms for macroeconomic stability, an enhanced business climate and a sustainable and efficient power sector.
18-Feb-2020

Sao Tome & Principe - Payments System Infrastructure and Financial Inclusion Project - Project Appraisal Report

The Government of São Tomé and Príncipe (STP) has developed a National Financial Sector Development Implementation Plan (FSDIP), with funding from the World Bank. An important pillar of the FSDIP is the need to upgrade existing financial infrastructure, specifically the payment system in order to promote inclusion and economic development. The Payment Infrastructure and Financial Inclusion project (PIFIP) is responding to the need to enhance the capability of the financial sector access a modern payments infrastructure. The payments infrastructure is underdeveloped, lacking the capacity to...
24-Jan-2020

São Tomé e Principe - Energy Transition and Institutional Support Programme (ETISP) - P-ST-FAB-002 – ESMF Summary

The small population of São Tomé e Principe (197,900 people) depends largely on biomass to meet 80% of its energy needs, which puts pressure on the environment. The Government of São Tomé e Principe’s (GoSTP) ambition is to reverse this trend by achieving universal electrification by 2030. However, while the current electricity access rate stands at 70%, the power infrastructure is aging and electricity supply is very erratic forcing businesses to run on diesel generators. The sector is also highly subsidized since the electricity production is mainly based on expensive diesel - which is...
21-Jan-2020

São Tomé and Principe PRIASA Project

16-Jan-2020

The African Development Bank signs €6 million grant for São Tomé and Principe

The African Development Bank on Wednesday signed a €6.18 million grant in budgetary support to the Democratic Republic of São Tomé and Principe. The agreement was signed at the Bank’s headquarters in Abidjan, Côte d'Ivoire, by Osvaldo Vaz, Minister of Planning, Finance and the Blue Economy of São Tomé and Principe and by Khaled Sherif, Vice President for regional development, integration and service delivery. The Bank approved the budgetary support to São Tomé and Principe on 8 January 2020 under its programme to support economic reform and the energy sector. Minister Vaz welcomed...
18-Nov-2019

EOI - São Tomé and Príncipe - Feasibility studies of mini Hydro Programme in Sao Tome e Principe

The Government of Sao Tome e Principe (GoSTP) has received fi na n ci ng by the African Development Bank (USD 1 million grant from the Sustainable Energy Fund for Africa (SEFA)) toward the cost of the mini hydropower projects support program, and intends to apply part of the agreed amount for this grant to payments under the contract for the feasibility studies of mini-hydro power plants and other connected activities.
10-Oct-2019

Equatorial Guinea signs Lusophone Compact: new milestone in initiative to accelerate sustainable private sector development

The African Development Bank and the governments of Equatorial Guinea and Portugal have signed a country-specific memorandum of understanding for the implementation of the Lusophone Compact, which aims to accelerate private sector development in Portuguese-speaking countries of Africa, known as PALOPs. Equatorial Guinea is the sixth and final PALOP country to sign the Compact after Angola, Cabo Verde, Guinea-Bissau, Mozambique and São Tomé and Príncipe. The signing took place in Bata on 7 October, between Cesar Mba Abogo, Minister of Finance, Economy and Planning of Equatorial Guinea,...
30-Sep-2019

PPM - São Tome et Principe - Projet de réhabilitation des infrastructures d'appui à la sécurité alimentaire phase II

PPM - São Tome et Principe - Projet de réhabilitation des infrastructures d'appui à la sécurité alimentaire phase II (111 kB)
26-Jul-2019

AMI - Sao Tomé-et-Principe - Recrutement d’un consultant chargé de recueillir et d’évaluer les besoins d’amélioration du Système Électronique de l’Administration Financière de l’Etat (SAFE-e)

Le Ministère de la Planification, Finances et Economie Bleue a reçu un financement du Groupe de la Banque Africaine de Développement à travers la Facilité en faveur des États Fragiles  (FEF), afin de couvrir le coût du Project d’Appui à la Gestion Économique et Financière, et a l’intention d’utiliser une partie des sommes accordées au titre de ce don pour financer le contrat d’un consultant individuel chargé de recueillir et d’évaluer les besoins d’amélioration du Système Électronique de l’Administration Financière de l’Etat (SAFE-e).
26-Jul-2019

AMI - Sao Tomé-et-Principe - Audit externe au Projet d’Appui à la Gestion Économique et Financière

Le Ministère de la Planification, Finances et Economie Bleue a reçu un financement du Groupe de la Banque Africaine de Développement à travers le Fonds Africain de Développement (FAD), afin de couvrir le coût du Project d’Appui à la Gestion Économique et Financière, et a l’intention d’utiliser une partie des sommes accordées au titre de ce don pour financer le contrat d’un cabinet pour réaliser l’audit externe au projet pour l’année 2019 et janvier 2020.
27-Jun-2019

São Tomé and Príncipe’s government commits to strengthened coordination with donors

A major donor coordination meeting on 7 June, 2019 in São Tomé reviewed multilateral and bilateral donor interventions in the country. The meeting was chaired by Zahira Virani, United Nations resident coordinator in São Tomé and Príncipe, and co-chaired by Hon. Osvaldo Vaz, Minister of Planning, Finance and Blue economy. The African Development Bank Group was represented by Joseph Ribeiro, country manager for Angola and São Tomé and Príncipe. The Bank, the European Union, the World Bank, UN agencies, and representatives of Portugal and the United States all made presentations on their...
20-May-2019

EOI – Sao Tome e Principe - Sao tome mini-hydro programme - DGRNE

The Government of Sao Tome e Principe(GoSTP) has received a USD 1 million grant from the Sustainable Energy Fund for Africa (SEFA) hostedby the African Development Bank toward the cost of the mini hydropower projects support program, and intends to apply part of the agreed amount for this grantto payments under the Project Manager’s contract
13-May-2019

Southern Africa Quarterly Review and Analysis – 1st Quarter 2013 - Issue 8

Southern Africa is projected to grow at 4.4 percent in 2013. A strong first quarter performance in many of the countries set the region on course towards this growth rate. In Angola, despite a slight deceleration of output in the non-oil sector, growth remained quite healthy, supported by oil production. Botswana maintained strong growth on the back of a resurging mining sector. Lesotho maintained positive growth that largely reflected the mining and textile sub-sectors’ good sustained performance, while in Malawi growth rebounded in the first quarter, with the main drivers being improved...
13-May-2019

Southern Africa Quarterly Review and Analysis – 2nd Quarter 2013 - Issue 9

Economic activity in Southern Africa remained quite strong in the second quarter, giving optimism that the region is on course to attain a projected annual average growth rate of 4.4 percent. Angola witnessed a pickup in growth in the non-oil sector, which combined with strong oil production to maintain a healthy second quarter performance. Botswana sustained its strong growth on the back of a resurging mining sector. However, recent adverse weather conditions in the country moderated overall growth during the second quarter. Growth was positive in Lesotho, largely reflecting good performance...
04-Apr-2019

Regional Economic Outlook 2019 - Southern Africa

The Southern Africa economic Outlook reviews macroeconomic conditions in the 13 countries comprising the African Development Bank’s Southern Africa region. The first part highlights growth trends and provides projections for 2019 and 2020 by examining the main drivers of growth based on prevailing global, regional, and domestic conditions. It also examines financial and structural policies and how they shape current and future growth. It then discusses the region’s performance on inequality, employment, structural change, and poverty reduction. The second part discusses the region’s...
18-Mar-2019

Mozambique: African Development Bank, Portugal and Mozambique sign MOU for “Lusophone compact” to accelerate private sector development

The African Development Bank and the governments of Mozambique and Portugal have signed a Mozambique-specific Memorandum of Understanding for the implementation of the Lusophone Compact. The Lusophone Compact is a financing platform, involving the Bank, Portugal, Angola, Cabo Verde, Guinea Bissau, Equatorial Guinea Mozambique and Sao Tome and Principe, which provides risk mitigation, investment products and technical assistance to accelerate private sector development in Lusophone African countries. The signing which took place in Maputo, was witnessed by over 200 Mozambican and...
04-Mar-2019

Sao Tomé & Principe : Don NEPAD-IPPF de 2 millions de dollars par la Banque africaine de développement pour la préparation et la structuration du projet d’aménagement d’un port en eau profonde

Le gouvernement de São Tomé & Príncipe  et la Banque africaine de développement ont procédé, le vendredi 1er mars 2019 à Abidjan, à la signature d’un accord de don de 2 millions de dollars USD, pour cofinancer les dépenses liées aux activités préparatoires du projet d’aménagement d’un port en eau profonde à Fernão Dias dans le nord du pays.  Ce financement a été mobilisé par la Banque, dans le cadre des ressources de la Facilit...
01-Mar-2019

Southern African Governors supportive of African Development Bank’s efforts for increased development impact in the region

The Bank’s regional governors from southern Africa gathered yesterday to consider and discuss the work of the African Development Bank in the past year, following detailed presentations by the Bank’s senior management and an opening speech of welcome by Bank President Akinwumi Adesina. “We are working hard for a much-transformed Southern Africa,” Adesina told governors. Governors commented in detail on the Bank’s transformative projects in the region, and shared their concerns to ensure that their countries’ recent improvement in economic growth would continue to be reflected in solid...
23-Jan-2019

São Tomé and Príncipe - Combined Country Strategy Paper 2018-2022 and Country Portfolio Performance Review (CPPR)

This report aims to propose the Bank Group’s Country Strategy Paper (CSP) for São Tomé and Príncipe (STP) for the period 2018-22.The CSP comes at a time when the country adopted its 3rd Poverty Reduction Strategy Paper (PRSP III) 2017-21 in December 2017. The CSP was prepared on the basis of extensive consultation held with the Government of STP, Development Partners, the private sector and the civil society. The PRSP III is anchored on STP’s Vision 2030 that seeks to transform the country into a maritime hub, financial service centre, and tourism destination for the Gulf of Guinea, through...