Angolan consortium builds power plant in Sao Tome and Principe

An Angolan consortium plans to build a natural gas-fired and solar power plant in Sao Tome, the main island of the Sao Tome and Principe archipelago in West Africa, as part of an agreement signed with the country’s government, Angola’s secretary of state for Infrastructure and Natural Resources, said.

Secretary of State José Maria Fonseca told Portuguese news agency Lusa that the More

Population of São Tomé and Príncipe 179,200 in 2012

The population of São Tomé and Príncipe in 2012 was 179,200, of which 89,200 were females, indicate figures from the 4th General Population and Housing Census.

The census results posted on the website of the island country’s National Statistics Institute include indicators on the status and structure of the population, education, economic characteristics, housing and living conditions and kind of union.

Regarding education, More

Taiwan’s aid to Sao Tome and Principe totals US$15 million in 2014

The 2014 cooperation programme between Taiwan and Sao Tome and Principe, signed Saturday in Sao Tome, is wortha  total of US$15 million and will be used in the health, agriculture, education, trade and tourism sectors.

In the health sector Dr. Manuel Quaresma Dias da Graça Hospital in the city of Santo António will be refurbished and re-equipped and two large swamps will More

Arab bank funds water supply project in Sao Tome and Principe

The Arab Bank for Economic Development in Africa (BADEA) will provide around US$7 million for a drinking water project in Sao Tome and Principe, the bank’s local representative said.

Alkabidelair Omali, the BADEA representative in Sao Tome, said that environmental impact and economic feasibility studies were underway for the project which will collect water from the Abade River, in the district of More

Oil and gas production in area between Sao Tome and Principe and Nigeria may begin within 18 months

The Joint Development Area between Sao Tome and Principe and Nigeria (JDA) may launch oil and gas production within 18 months, the joint authority said Friday in a statement issued in Sao Tome.

According to the statement cited by Portuguese news agency Lusa, the decision was made at the 22nd meeting of the joint ministerial council held on 11 and 12 March More

Sao Tome and Principe government may review oil exploration agreement with Nigeria

The government of Sao Tome and Principe is available to review the agreement it has with Nigeria that set up joint oil exploration, Prime Minister Gabriel Costa said Wednesday in Sao Tome.

The Prime Minister noted that there were some difficulties in the process and said he would consider renegotiating the agreement to set up the Joint Development Authority, which will manage More

Sao Tome’s economy expected to post growth of 5 pct in 2014, IMF says

The economy of Sao Tome and Principe should post growth of 5 percent in 2014, according to the latest projections from the International Monetary Fund (IMF).

In a document published recently in Washington, the IMF said that Sao Tome and Principe’s economic performance would remain conditioned by a weak outlook for external funding for the country’s investment projects.

The international organisation estimates that More

Libya wants to sell investments carried out in São Tome and Principe

Two envoys from the Libyan government are in Sao Tome to negotiate the sale of a mineral water bottling factory built two years ago at a cost of US$6.6 million, the Sao Tome press reported.

The factory was built on the outskirts of Monte Café, a former agricultural company around 20 kilometres from the Sao Tome capital. Assembly of the equipment needed More