São Tomé and Príncipe

China sends medical mission to São Tomé and Príncipe

12 January 2017

In February China plans to send a medical mission to provide health care to the population of São Tomé and Príncipe, Yong Feng, a senior official from the Ministry of Health of China said on Wednesday in São Tomé.

Promoting Macau as a platform is a priority for Echo Chan at Forum Macau

11 January 2017

The promotion of Macau as a platform in relations between China and the Portuguese-speaking countries is a priority for the newly appointed Deputy Secretary-General of Forum Macau, Echo Chan Keng Hong.

Chinese companies travel to Sao Tome and Principe to analyse infrastructure projects

10 January 2017

Nine large companies from China are due to arrive in Sao Tome and Principe to analyse, together with the government, the possibility of implementing large infrastructure projects, announced the Prime Minister of Sao Tome. Patrice Trovoada also said it was possible that a Chinese company would be involved in building a deep water port, a Sao Tomean project with an estimated cost of over US$800 million, with work due to start this year.

Trade between China and Portuguese-speaking countries falls 8.44% from January to November

9 January 2017

Trade between China and Portuguese-speaking countries registered a year on year fall of 8.44% in the period from January to November, at US$83.230 billion, according to Chinese official figures released by the Macau Forum.

China and Sao Tome and Principe restore diplomatic relations

28 December 2016

Sao Tome and Principe and the People's Republic of China have decided to restore diplomatic relations and announced the opening of embassies in Sao Tome and in Beijing "soon," the Sao Tome government said in a statement on Monday.

Trade between China and Portuguese-speaking countries reaches US$75 billion from January to October

28 December 2016

Trade between China and the Portuguese-speaking countries in the first 10 months of 2016 amounted to US$75.491 billion, or a year on year fall of 10.32%, according to official Chinese figures released by the Macau Forum.

Company from Equatorial Guinea to produce liquefied petroleum gas in São Tomé and Príncipe

23 December 2016

The Equatorial Guinean company Sonagas has begun construction of facilities on São Tomé Island that will produce liquid petroleum gas (LPG) to supply the island country’s market, company official Daniel Gomes Lopez announced on Thursday. Lopez, the representative of Sociedad Nacional de Gas de Guinea Ecuatorial (Sonagas), specified that it was “an Equatorial Guinean project in São Tomé and Príncipe amid ongoing cooperation between the two countries’ governments.”

Government of São Tomé and Príncipe changes business investment rules

23 December 2016

Foreign citizens or companies will have to invest at least US$5 million to be able to carry out commercial activity, São Toméan Prime Minister Patrice Trovoada said on Monday during the parliamentary debate on the state of the nation.

São Tomé and Príncipe cuts diplomatic relations with Taiwan and recognises the People’s Republic of China

22 December 2016

The government of São Tomé and Príncipe has decided to break off diplomatic relations with Taiwan and recognise the People’s Republic of China, indicates a Council of Ministers statement released in S…

Government of Sao Tome and Principe terminates contract with oil company Sinoangol

9 December 2016

The government of Sao Tome and Principe has decided to terminate the contract with oil company Sinoangol for "breach and violation" of the production sharing contract in Block 2 of the maritime area of the archipelago, the director of the National Petroleum Agency (ANP) said on Wednesday. In a statement, director Orlando Pontes said "among multiple defaults and violations, Sinoangol never provided the Sao Tome state with information about the amount received from the transfer of 30% stake in block 2 which took place on 31 March 2014."

Sao Tome prepares legislation to regulate distribution and marketing of fuels

7 December 2016

In 2017 the government of Sao Tome and Principe will create "specific" legislation to regulate and reorganise the distribution and marketing of oil products in the country, said on Tuesday in Sao Tome the Executive Director of the National Petroleum Agency. Orlando Pontes was speaking at the opening of a seminar on regulation and restructuring of the sector in Sao Tome and Principe, downstream of oil production, which was attended by the Minister of Natural Resources, Carlos Vila Nova and various national and foreign technical experts.

Portuguese-speaking Africa and Timor-Leste meet in Cabo Verde

7 December 2016

The projects of the African Portuguese Speaking Countries and Timor-Leste (PALOP-TL) financed by the European Union will be finalised on Thursday and Friday during technical meetings held in Praia, the capital of Cabo Verde (Cape Verde). The ministerial meeting on Friday, which will assess the projects to be financed by the 11th European Development Fund, with the participation of the Director General for International Cooperation and Development of the European Commission, Stefano Manservisi.

Investors from China build shopping centre in Sao Tome and Principe

24 November 2016

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.

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

22 November 2016

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) there was an annual increase of 58.7% due to "improvement in the price of cocoa" on the international market.

Trade between China and Portuguese-speaking countries exceeds US$69 billion from January to September

14 November 2016

Trade between China and Portuguese-speaking countries fell by 9.61% in the period from January to September to US$69.128 billion, according to official Chinese figures released by the Macau Forum.

Japan helps Sao Tome and Principe by donating rice

11 November 2016

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 behalf of Sao Tome and Japan's ambassador Masaaki Sato, on behalf of the Japanese government.

Trade between China and Portuguese-speaking countries falls 11.22% in the first eight months of 2016

28 October 2016

Trade between China and Portuguese-speaking countries fell 11.22% in the first eight months of the year compared to the same period of 2015, according to figures from the Chinese Customs Services, released by the Forum for Economic and Trade Cooperation between China and the Portuguese-speaking Countries (Macau Forum). According to official statistics the trade between China and Portuguese-speaking countries in the first eight months of the year reached US$60.23 billion.

Angola among the most difficult countries to do business

27 October 2016

Angola is among the top 10 countries where it is more difficult to do business, according to the World Bank Group "Doing Business 2017- Equal Opportunities for All" report, which assesses 190 countries. The World Bank report concludes that 137 countries have undertaken reforms to improve the business climate in 2015/16, 20% more than last year.

Sao Tome and Equatorial Guinea reactivate partnership for oil exploration

26 October 2016

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 within the framework of cooperation between Equatorial Guinea and Sao Tome and Principe.

Five prime ministers to attend the opening of the 5th Ministerial Conference of the Forum in Macau

5 October 2016

China's Prime Minister Li Keqiang, will preside over the opening of the 5th Ministerial Conference of the Forum for Economic and Trade Cooperation between China and Portuguese-Speaking Countries to be held on 11 and 12 of October in Macau, the Xinhua news agency reported on Monday.

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