Guinea-Bissau is a coastal West African country with a population of some 2.2 million people (2024) that is bordered by Senegal to the north and Guinea to the south and east. Fishing, tourism and agriculture are the main drivers of the economy, with a high level of dependence on the cashew sector. This single crop is grown by some 69% of the country’s subsistence farmers, with 5% of the country’s land dedicated to cashew production. Cashew accounts for more than 90% of the country’s export earnings and 10% of government tax revenue. Guinea-Bissau imports most of its basic food, including rice, wheat flour and sugar, which are staples in the country.
The EIF has been supporting Guinea-Bissau since 2010 with a goal of achieving four key milestones: 1) establishing government policies that boost trade and economic development and ensuring that trade is integrated into national development and poverty reduction strategies; 2) improving coordination of development partners’ activities; 3) increasing Aid for Trade (AfT); and 4) strengthening the country’s productive sectors and export capacities.
