Tag Archives: World Bank Projects in Eritrea

World Bank Facts about Eritrea

Ports Rehabilitation Project (1997 – 2011) was the very last project financed by the World Bank

By World Bank,

Eritrea was one of the fastest growing African economies in 2011, with growth in gross domestic product (GDP) projected at 14%, up from an estimated 2.2% in 2010, according to the World Bank’s June 2012 Global Economic Prospects.

The growth was mainly stimulated by favorable harvest and the mining sector (mainly gold), which has attracted substantial foreign direct investment.  Continue reading World Bank Facts about Eritrea