São Tomé & Príncipe

Population: 0.198 mn.
GDP: 0.3 bn.
Debt: 0.2 bn.

Instability in governance could continue as the 2014 elections are likely to deliver a hung parliament or rocky legislative alliance. The list of companies that have given up on exploration for oil and gas continues to grow as excitement about the archipelago's prospects dims. 


news from São Tomé & Príncipe

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Found 21 articles.

Displaying 1-10 out of 21 results.

  • Vol 55 No 22
  •  7th November 2014

Trovoada's return

Former Prime Minister Patrice Trovoada has crowned an unlikely comeback with an emphatic victory in the 12 October legislative elections. One thing hasn't changed, however: his strained relationship with President Manuel Pinto da Costa. Trovoada's Ac&cced...

  • Vol 54 No 21
  •  18th October 2013

'Pirates' free captains

The two sea captains arrested in São Tomé left for home last week but President Manuel Pinto da Costa seemed determined to squeeze some profit out of the affair. On 26 September, he had pardoned Cengiz Gülsen of Turkey and Ievgen Volche...

  • Vol 54 No 19
  •  20th September 2013

Total loss

Hopes of oil wealth seem to be in ruins now that oil company Total has decided to abandon Block 1 of the Joint Development Zone (JDZ) with Nigeria. France’s Total took over Chevron’s operating stake in the block in 2010 and Project Director Fr...

  • Vol 54 No 15
  •  19th July 2013

'Piracy' row with Sweden

The public cheered its coastguard’s seizure of two ships accused smuggling. Stena Oil calls it piracy

  • Vol 53 No 25
  •  14th December 2012

Trovoada sacked

Prime Minister Patrice Trovoada’s government failed to reach the end of its term, as Africa Confidential predicted (AC Vol 53 No 22, Opposition shakes Trovoada), and lawyer Gabriel Costa of the União dos Democratas para a Cidadania e Desenvolvimento (UDD)...

  • Vol 53 No 22
  •  2nd November 2012

Opposition shakes Trovoada

Anti-government protestors demonstrate against the Prime Minister’s manipulation of national television

  • Vol 53 No 2
  •  20th January 2012

Dragons in Eden

Príncipe wants a tourist bonanza and fears that São Tomé may try to obstruct it

  • Vol 52 No 17
  •  26th August 2011

Pinto da Costa back in office

Prime Minister Patrice Trovoada will have to find a way to deal with a President freed from party loyalties

  • Vol 52 No 8
  •  15th April 2011

The candidates line up

An official probe into a corrupt oil deal with Nigerian companies is worrying the political class and could upset calculations in the coming elections

  • Vol 47 No 7
  •  31st March 2006

Enter kingmakers

The results of the 26 March elections will fuel concern among neighbouring countries. The coalition led by the Movimento Democrático das Forças da Mudança (MDFM), nominally loyal to President Fradique de Menezes, appears set to emerge...

Displaying 1-10 out of 21 results.