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São Tomé and Príncipe Documents

Politics | Economy - Development
São Tomé and Principe reduces trade deficit

afrol News, 17 October - São Tomé and Principe has recorded a trade deficit of US $33.3 million in the first half of 2007, the country's National Statistics Institute (INES) report.

Economy - Development
100% debt cancellation for São Tomé and Príncipe

afrol News, 24 May - The government of São Tomé and Príncipe must be brimming with joy over the news that Paris Club has agreed to write off 100 percent of the country’s debts.

Economy - Development
São Tomé now eligible for debt cancellation

afrol News, 16 March - The archipelago of São Tomé and Príncipe today was informed it had met its economic reform goals set by the World Bank and the International Monetary Fund (IMF), meaning it is eligible for massive debt cancellation. Debt relief from all of São Tomé's creditors is set to amount to US$ 99 million.

Economy - Development | Environment - Nature
EU nets fisheries deal with São Tomé

afrol News, 13 March - The European Union (EU) and the island state of São Tomé and Príncipe have reached a new fisheries agreement that is to enter into force on 1 June. Out of the 43 European fishing vessels that may operate in São Toméan waters according to the new deal, 26 are to be Spanish.

Economy - Development | Travel - Leisure
Angolan airliner eyes São Tomé buy-out

afrol News, 16 February - The national airliner of Angola, TAAG, is reported to eye a possibility of buying a majority shareholding in the just established airliner of São Tomé and Príncipe, STP Airways. With a looming oil boom in São Tomé, the island nation has become an interesting site to invest, especially in the transport sector.

Economy - Development | Travel - Leisure
São Tomé airport repairs hinder flight ban

afrol News, 4 January - Rebuilding of the runway of São Tomé's only international airport are advancing rapidly, following a December threat by the Portuguese airliner TAP to cancel all flights to the archipelago by 13 January if standards did not improve. São Tomé and Príncipe managed to secure rapid funding from Taiwan to realise the repairs.

Economy - Development
São Tomé nets US$52m at donor meeting

afrol News, 11 December - The small island nation of São Tomé and Príncipe has been promised funds totalling over US$ 52 million during a donor round table meeting. The development aid funds are set to finance anti-poverty policies while the country waits for oil revenues to roll in.

Economy - Development | Politics
Angola to explore São Tomé oil

afrol News, 31 October - It is now official that Angola will take part in oil exploration in the São Tomé and Príncipe's economic exclusive area after the two countries' companies signed a partnership agreement. This was announced by the Prime Minister of São Tomé and Príncipe, Tome Vera Cruz.

Politics | Economy - Development
Attempts to return to growth in São Tomé

afrol News, 24 May - The government of São Tomé and Príncipe has presented its economic programme for the present legislature, responding to a "degrading economic and financial situation". The programme of the region's most recent oil nation focuses on the executive's intention to "transform the archipelago into a centre of service supply" within the foreseen reforms that are to make the national private sector more dynamic.

Politics
São Tomé presidential party wins election

afrol News, 4 April - The conservative party of President Fradique de Menezes won a largest number of seats to the parliament of São Tomé and Príncipe after polls held this Sunday. The National Election Commission (CEN) has almost finished the vote count and concludes that the President's party will be guaranteed at least 23 out of parliament's 55 seats, thus able to form a coalition government.

Politics
Election re-run in São Tomé after irregularities

afrol News, 28 March - As the first partial results from Sunday's troubled election in São Tomé and Príncipe indicate a victory for the President's party, authorities have decided that almost 10,000 citizens will get a new chance to vote next Sunday. They had been hindered from entering the polling stations by protesting groups, trying to organise an election boycott.

Health
São Tomé asks for help to stop cholera epidemic

afrol News, 2 December - The Ministry of Health of São Tomé and Príncipe has asked for international aid to help out with the ongoing cholera epidemic in the small island nation. Several hundred cases of cholera have already been reported and at least 17 persons have died in the outbreak.

Economy - Development | Politics
São Tomé-Nigeria oil blocks finally awarded

afrol News, 1 June - Five offshore oil blocks in the joint development zone between Nigeria and São Tomé and Príncipe were finally awarded tonight, in the zone's second licensing round. The big winner was the controversial company ERHC Energy. The licensing had been troubled by a five-month delay, multiple corruption charges and frictions between the governments of Nigeria and São Tomé.

Economy - Development | Politics
New oil block awards after São Tomé corruption scandal

afrol News, 25 May - Licensing of oil blocks in the Nigeria, São Tomé and Príncipe Joint Development Zone (JDZ) is set to resume after a delay of five months. The delay came after a scandal involving corruption charges and the temporary resignation of São Tomé's Natural Resources Minister Arlindo Carvalho, which only ended after the personal intervention by Nigeria's President Olusegun Obasanjo.

Health
São Tomé cholera outbreak spreads rapidly

afrol News, 10 May - Health workers and UN agencies are concerned about the rapid spread of cholera in São Tomé and Príncipe. As of 9 May, 130 cases and 3 deaths have been officially reported. Most of the island’s population of an estimated 140,000 lives within 10 kilometres of the outbreak area.

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