SAO TOME AND PRINCIPE - Project Appraisal Report Blue Economy and Fisheries Infrastructure Rehabilitation and Maintenance (BEFIRM) Project (AFDB-P-ST-AAF-001)

Regions
  • Africa
Geographic location where the impacts of the investment may be experienced.
Countries
  • Sao Tome and Principe
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • African Development Bank (AFDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Dec 4, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Sao Tome and Principe - Ministry of Economy and Finance
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 22.40 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ AFDB website

Updated in EWS Aug 8, 2026


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, the project's development objective is to improve food security and national economies and transform coastal infrastructure for fish value chains and maritime connectivity. The specific project objectives include: (i) To rehabilitate key port infrastructure (cabotage) and fish landing sites in Sao Tome and Principe ; (ii) to support small-scale fishers with fibreglass vessels and strengthen the capacities of actors in the fish value chain, and (iii) to foster conservation, ecotourism and social resilience. These combined efforts will enhance economic resilience, reduce socio-economic regional inequalities, and mitigate risks that directly contribute to greater national stability and the prevention of further fragility in STP.

The project will support: i) an increase in entrepreneurial initiatives for women SMEs, youths, and cooperatives; ii) integrated management of fisheries, eco-tourism, and biodiversity conservation; iii) increasing fish production and productivity through the use of appropriate climate proof technologies; (iv) incorporating nutrition value addition within the fish value chain for improved diet quality and nourishment; (vi) the reduction of climate vulnerability and the strengthening of resilience through nature-based solutions. The project will consist of the following four components : i) rehabilitation of multipurpose fish landing wharves and port cabotage, ii) improvement of small-scale fishing boats and value chain activities, iii) increasing conservation, ecotourism and climate resilience and iv) project management and coordination.

The project is national in scope on both islands (São Tomé and Príncipe) and targets key cabotage port and fishing districts with priority to blue economy activities. The project is expected to directly impact or indirectly benefit all fishing and related value chain actors in the blue economy sectors (fisheries, ports, tourism, agribusiness, biodiversity and natural resources, etc.). The total number of direct and indirect beneficiaries expected from the program is estimated at 30,000 actors along the fish value chain, mostly men in the harvesting sector and women in processing and retail, as well as 100,000 others who consume fish and depend on fish value chains for their livelihoods and jobs. Stakeholders will include municipal and regional governments, ecotourism firms, maritime transport, industrial fishing, artisanal fishermen, fishmongers, fish processors and traders, and fish farmers. Other stakeholders are the managers and agents of various ministries including Ministry of Economy and Finance; Ministry of Agriculture, Fisheries and Rural Development; Ministry of Infrastructure and Natural Resources; Ministry of Environment and Tourism; Ministry of Youth and Entrepreneurship, and many others. This is in addition to partner institutions such as ENAPORT, IMAP, APCI, etc.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

Environmental Category: [1] High Risk

The project was validated as a Category 1 on November 8, 2023, in accordance with national Decree No. 37/1999 of November 30, which governs the Environmental Impact Assessment Process. The national classification aligns with Category 1 in accordance with the Bank’s Integrated Safeguards System, as the project activities may generate significant environmental and social impacts and risks.

The major adverse impacts identified in project are related to Porto Alegre site and are associated to the rehabilitation phase: changes in the composition and structure of marine habitats resulting from excavations of the pier foundation, disturbance of sediment along the Malanza River mouth approximately 2 km2.

The major perceived risks include: (i) disturbance of terrestrial and marine fauna (turtles, birds) by noise; (ii) improper waste disposal resulting in groundwater and rivers pollution; (ii) air and soil pollution resulting from the release of particles and CO2 from the use of machinery and construction materials; (iii) potential effects on cultural heritage during soil excavation; (iv) traffic disruption and consequent increased risk of accidents to community and (v) inadequate construction management practices may result in occupational health and safety risks leading to vehicle accidents.

The adverse impacts during the operational phase are expected to be minimal, as the technical design at the three sites includes modular floating docks made of plastic or metal instead of concrete, specifically to reduce erosion and limit interference with the natural coastal dynamics.

The rehabilitation of Porto Alegre will induce both physical and economic displacement. (see details in disclosed RAP): (i) 24 houses to be affected and relocated to the resettlement area; (ii) 1 food stall infrastructure to be affected, of which the owner does not live in the project area; (iii) 7 families losing their crops; (iv) total demolition of 27 fence walls; (v) 7 banana trees to be removed; (vi) 2 lemon trees to be removed; (vii) 2 commercial stores to be removed; (viii) 1 restaurant to be removed; (ix) 1 fountain (water source) to be removed; (x) 1 laundromat to be removed; (xi) 7 pigpens to be removed; (xii) 7 artisanal fish dryers to be removed; (xiii) 1 outboard motor workshop to be removed; and the limitation of access to the sea within the project area during the construction period, whether for fishermen or tourists. The project will impact in total 32 heads of household, represented 118 people living in the affected households.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Financial Instrument: Project Cycle Grant
Commitments (UA): 16,500,000
Conversion Rate USD (2026-02-08): 1,35728
Commitments (USD): 22,395,120


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Name: Ahmed Sheik KHAN
Email: h.khan@afdb.org

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.afdb.org/en/disclosure-and-access-to-information/request-for-documents. Under the AfDBs Disclosure and Access to Information policy, if you feel the Bank has omitted to publish information or your request for information is unreasonably denied, you can file an appeal at https://www.afdb.org/en/disclosure-and-access-to-information/appeals-process.

ACCOUNTABILITY MECHANISM OF AfDB

The Independent Review Mechanism (IRM), which is administered by the Compliance Review and Mediation Unit (CRMU), is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an African Development Bank (AfDB)-financed project. If you submit a complaint to the IRM, it may assist you by either seeking to address your problems by facilitating a dispute resolution dialogue between you and those implementing the project and/or investigating whether the AfDB complied with its policies to prevent environmental and social harms. You can submit a complaint electronically by emailing crmuinfo@afdb.org, b.kargougou@afdb.org, b.fall@afdb.org, and/or s.toure@afdb.org. You can learn more about the IRM and how to file a complaint at: https://www.afdb.org/en/independent-review-mechanism/

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