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Investors from China build shopping centre in Sao Tome and Principe

The largest shopping centre in Sao Tome and Principe, an investment by a private group from the People’s Republic of China, was opened Wednesday in Sao Tome, in a ceremony that was attended by the Sao Tome Minister of Defence and Internal Affairs.

Minister Arlindo Ramos highlighted the importance of foreign direct investment “in relaunching the economy of Sao Tome and Principe,” of which More

Sao Tome and Principe raises US$5.7 million in cocoa sales from January to September

Sao Tome and Principe saw income of 133.200 billion dobras (US$5.7 million) from January to September 2016 from cocoa sales, a product that accounted for 95.4% of exports of agricultural products in the period, according to a report published on Monday by the West African archipelago’s National Statistics Institute (INE).

INE added that in terms of nominal values ​​in dobras (the Sao Tome currency) More

Japan helps Sao Tome and Principe by donating rice

Japan has granted food aid consisting of 3,000 tons of rice to Sao Tome and Principe, with a market value of 240 million yen (US$1.87 million), the Sao Tome Minister for Foreign Affairs said on Thursday in Sao Tome.

The announcement was made after the signing of the new food aid agreement for 2016 and the document was signed by Minister Urbino Botelho on More

Sao Tome and Equatorial Guinea reactivate partnership for oil exploration

Sao Tome and Principe and Equatorial Guinea have resumed talks to create a partnership for oil exploration on their common border, announced Tuesday the new Equatorial Guinea ambassador, Paulino Ekobo, resident in Sao Tome.

After the President of Sao Tome, Evaristo Carvalho, received his letter of credentials, Paulino Ekopo said oil exploration was one of the priority areas of his diplomatic mission More

IMF wants Sao Tome govt. to “redouble efforts” to meet agreed targets

The government of Sao Tome and Principe should make “a redoubled effort” in terms of tax to achieve the goals the IMF wants to see completed by December, the deputy director of the IMF’s Africa Department said in Sao Tome.

“It has been found that on a tax level a redoubled effort is required to achieve the goals set for December and More

Sao Tome and Principe and Portugal sign new cooperation program

Sao Tome and Principe and Portugal signed a new Strategic Cooperation Programme (PEC), valued at 57.5 million euros, valid for five years, Portugal’s Secretary of State for Foreign Affairs said on Wednesday in Sao Tome.

Teresa Ribeiro signed the document on behalf of the Portuguese State and the Sao Tome minister of Economy and International Cooperation, Agostinho Fernandes signed for Sao Tome More