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São Tomé and Príncipe - Policy and Institutional Reforms for Improved Trade Facilitation in Sao Tome and Principe
Details
Location:Sao Tome and Principe
Category:Unspecified/other
Status:Completion and evaluation
Sectors:Private Sector & Trade
Contracting authority: Ministry of Planning, Finance and Blue Economy
Description
São Tomé and Príncipe - Policy and Institutional Reforms for Improved Trade Facilitation in Sao Tome and Principe
The goal of the project was to contribute to putting in place a paperless foreign trade regime and a single point of entry and exit for private sector with an aim to support primarily (agriculture) exporters and reduce the price of imported goods.
The project was consistent with STP’s development programme that reiterated the need for the country to fully integrate within the regional economic community so that it can capitalize from its strategic position. At the Bank level, the project was consistent with the Bank’s strategies, notably the Central Africa Regional Integration Strategy Paper 2011-2015, the country strategy paper (CSP) 2012-2016 approved by the Board of Directors in July 2012, and the Bank Strategy 2013- 2022. It was also aligned to the Africa Trade Fund particularly to pillar I-Trade Facilitation and to the Regional Economic Program (REP) (2009-2015) of the Central African Economic and Monetary Community (CEMAC’s) which aims to boost trade development in their respective communities. Furthermore, the project was in adherence to the Vision (2025) of the Economic Community of the Central Africa State (ECCAS), which envisages transforming the region into a balanced development region focusing on boosting integration and trade facilitation among others. Similarly, it also fully aligned with the Bank’s Regional Integration Strategy Paper (RISP) 2011-2015 Central Africa, Pillar II- Institutional and Human Capacity Building, which seeks to facilitate economic trade between countries as well as by enabling knowledge sharing.
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tender Background
About the Funding Agency
African Development Bank (HQ)
The African Development Bank is a regional multilateral development finance institution, established in 1963, with a mandate to further economic development and social progress of African countries, individually and collectively. 80 member countries including all the 54 African countries and 26 non-African countries in the Americas, Europe and Asia own the Bank.
The Bank's principal functions include:
- using its resources for the financing of investment projects and programs relating to the economic and social development of its Regional Member Countries (RMCs);
- the provision of technical assistance for the preparation and execution of development projects and programs;
- promoting investment in Africa of public and private capital for development purposes; and (iv) to respond to requests for assistance in coordinating development policies and plans of RMCs. In its operations, the Bank is also required to give special attention to projects and programs that promote regional integration.
The Bank began its operations from its headquarters, in Abidjan, Côte d’Ivoire on July 1, 1966. For the purpose of its operations, the Bank also maintains Regional Resource Centers and Field Offices within RMCs.
For projects financed by the Bank resources, the charter requires suppliers for contracts for institutional activities and projects to be nationals of a member country. Only bidders from a member country of the Bank are eligible to participate in the procurement process. For goods to be eligible, they must originate from a member country.
About the Sectors
Private Sector & Trade
Entails initiatives that promote entrepreneurship, strengthen competitive markets, and expand domestic and international trade opportunities.
Key areas:
- Private sector development and SME/MSME support
- Entrepreneurship, start-ups, and business growth initiatives
- Trade facilitation, import/export, and market access
- Commerce, retail/wholesale, and free trade mechanisms
Locations
Sao Tome and Principe
São Tomé & Príncipe continues to invest in transport, port and energy infrastructure to strengthen tourism, fisheries and regional trade potential. As a small island developing state, it faces high costs and limited fiscal capacity, relying on concessional financing and development partners to modernise electricity generation and maritime facilities. Enhancing institutional governance, improving public investment management and expanding renewable energy remain key to strengthening resilience and diversifying the economy.
Nr. of tenders: 6689
Nr. of grants: 2750
Nr. of donors: 549
Nr. of jobs: 28
Nr. of tenders: 6689
Nr. of grants: 2750
Nr. of donors: 549
Nr. of jobs: 28
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