Guinea-Bissau

The Republic of Guinea-Bissau (República da Guiné-Bissau) is a country in western Africa, and one of the smallest nations in continental Africa. It is bordered by Senegal to the north, and Guinea to the south and east, with the Atlantic Ocean to its west. Formerly the Portuguese colony of Portuguese Guinea, upon independence, the name of its capital, Bissau, was added to the country's official name in order to prevent confusion between itself and the Republic of Guinea.

Economy

Main article: Economy of Guinea-Bissau

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Guinea-Bissau is among the 20 poorest countries of the world. Its farming and fishing economy was badly disrupted by the 1998-99 civil war. It has a foreign debt of $US 921 million and is subject to an IMF structural adjustment program.

Related Topics:
Debt - IMF - Structural adjustment program

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One of Guinea-Bissau's important income sources is cashew nuts, of which it exports 90,000 tons per year. In January 2005 the government announced that a locust swarm was threatening this vital crop, and that the country did not have the resources to tackle the infestation.

Related Topics:
Cashew nut - Export - Ton - January - 2005 - Locust - Swarm - Infestation

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