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São Tomé and Príncipe
06 April 2020

Support grows for African countries’ call for urgent debt relief
The call is now growing from African Governments, with support from the United Nations and NGOs, for a debt relief package. Around one-fifth of Africa's debt pile is estimated to be owed to China. 
01 April 2020

Lusophone Africa geared up for Coronavirus with donations from Jack Ma
In Africa, Jack Ma and the Alibaba Foundation have taken center stage in supplying medical masks, Covid-19 tests and other protective kit to countries with fragile health systems. Just a few days after the gear arrived in Ethiopia for redistribution in the continent, all lusophone countries were stocked up.
26 February 2020

China finances modernisation and expansion of the international airport of São Tomé and Príncipe
The modernisation and expansion funding for the international airport of São Tomé and Príncipe will be provided by China under an agreement signed on Friday in São Tomé.
15 January 2020

São Toméan and Chinese governments leave São Tomé port project to private sector
After two years of negotiations, the project’s cost appears to have dropped, from an initial US$800 million to that figure as the high end, with sources linked to the project estimating a cost of US$500–800 million.
28 December 2019

2020 brings new VAT tax to São Tomé
According to the new VAT (IVA) tax code, a tax of 15% to be introduced 1 March 2020 will apply to transactions of goods and services in the national territory, by taxable persons, as well as imports of goods.
21 November 2019

Support from China Steady as Risks Abound for São Tomé and Príncipe
As the government of São Tomé and Príncipe submits its 2020 budget, internal and external risks for the country mount. According to an IMF assessment, looming risks include fiscal policy slippages and political strife. Existing support from China is expected to remain steady.
03 August 2019

Brazil and Portugal lagging in Forum Macao
A little over a year ago, Brazil guaranteed that it would play a bigger role in Forum Macao’s activities in the future. But the change of administration in Brasília, now under President Jair Bolsonaro, has brought that effort to a near standstill.
27 July 2019

São Tomé airport revamp starts to take shape
Technical studies for the airport modernisation project are near conclusion with construction expected to begin in late 2019 or early 2020 and last four years.
27 June 2019

Companies turn to the waters of São Tomé and Príncipe
Oil production is a decades-old dream for São Tomé and Príncipe, especially for its cash-starved government and new developments in the country’s Exclusive Economic Zone (EEZ), which neighbour those of important oil-producing countries like Equatorial Guinea and Gabon, have made major oil companies look twice.
19 February 2019

New government means new leadership for state companies and agencies in Sao Tome and Principe
Keeping with the political tradition that a new Government in Sao Tome and Principe replaces the leadership of state companies and agencies,  the MLSTP-PSD executive, that replaced that of Patrice Trovoada.
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