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São Tomé & Príncipe

Population: 0.23m
GDP: $0.81bn
Debt: 42.6% of GDP (2024)

news from São Tomé & Príncipe

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Found 49 articles.

Displaying 21-30 out of 49 results.

Trovoada's Chinese gamble

The country's leaders hope their switch in support from Taiwan to mainland China will trigger an avalanche of cash and investment

Patrice Trovoada is a confident man these days. The Gabonese-born Prime Minister of São Tomé e Príncipe jokes, in private, about Donald Trump's slim chances of re-election as...


Broken China

Urbino Botelho, Foreign Minister of São Tomé and Príncipe, has made his bid for posterity by breaking off diplomatic relations with Taiwan and restoring relations with the People's...


Run-off wrangle

For the first time since the country's democratic transition in 1991, the losers of an election have claimed the vote was rigged and refuse to recognise the official...


Trovoada's triumph

The first-round victory of Evaristo Carvalho, 74, candidate of the ruling Acção Democrática Independente (ADI) in the presidential election came as a surprise to most observers. He received...


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...


Move closer

After allowing China to open a trade office in November, São Tomé is fending off claims that it may abandon Taiwan, its diplomatic ally

Prime Minister Gabriel Costa is walking a fine line by encouraging investment from both China and Taiwan. Chinese oil companies play a crucial role in oil exploration, but...


Ins and outs of the oil companies

São Tomé e Príncipe’s Agência Nacional do Petróleo signed a production-sharing contract with the Hong Kong-registered private oil company Sinoangol for Block 2 in its Exclusive Economic Zone...


'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...


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....


'Piracy' row with Sweden

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

Swedish firm Stena Oil accuses São Tomé of staging a show trial after it gaoled two ships’ masters for three years for smuggling and seized their vessels. This...


Displaying 21-30 out of 49 results.