Daily news on business and economy in Sao Tome and Principe

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Last update: 10 hours ago

EU Fisheries Renewal: The European Parliament has approved renewed EU fisheries deals with the Cook Islands and São Tomé and Príncipe, keeping Spanish, French and Portuguese tuna and longliner fleets operating until 2032 in exchange for annual payments tied to sustainable local marine management. Oil & Gas Licensing: São Tomé and Príncipe has launched a fast-track licensing round for three ultra-deepwater blocks west of the islands, with bids due by 30 June and stakes up to 85% for companies (15% reserved for the state). Local Budget Watch: Panaji’s city corporation approved a Rs 107.17 crore surplus budget for 2026-27, earmarking nearly Rs 25 crore for development while keeping house tax unchanged—an example of how revenue strategy and spending priorities shape service delivery. Sports Media Rights: The IOC signed an FTA broadcast deal for sub-Saharan Africa for LA 2028 and Brisbane 2032 (plus the French Alps 2030 Winter Games), starting with the Dakar 2026 Youth Olympics. AfCFTA Mobility Gap: A new report flags that only four countries—including São Tomé and Príncipe—have ratified the AU free movement protocol, holding back intra-Africa trade and mobility.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

AGP Wire

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May 7, 2026

Passportivity sees citizenship by investment market shifting by 2030

EIN Presswire


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US$23bn debt overshoot places Zim among Africa’s seven worst distressed…poorest, war-ravaged regional economies now in the same league as Harare

US$23bn debt overshoot places Zim among Africa’s seven worst distressed…poorest, war-ravaged regional economies now in the same league as Harare

Petrobras seeks gasoline price hike without losing market to ethanol

Petrobras seeks gasoline price hike without losing market to ethanol

Go Public: Portuguese-speaking trade unions call for urgent action to strengthen public education

Go Public: Portuguese-speaking trade unions call for urgent action to strengthen public education

Paris for business and pleasure

Paris for business and pleasure


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May 14, 2026

Neves Licensing Authority Highlights Growing Demand for Specialized Licensing Frameworks Across the Digital Finance Sector

GlobeNewswire, Inc.

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May 7, 2026

Citizenship by Investment Market Set for Structural Shift by 2030, Passportivity Report Finds

EIN Presswire

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Feb. 17, 2026

São Tomé and Príncipe issues first citizenship by investment passport in January 2026

EIN Presswire

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Jan. 21, 2026

São Tomé and Príncipe Issues First Citizenship by Investment Passport as NTL Trust Secures First Client Approvals

EIN Presswire

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May 14, 2026

Shell plc - Report on Payments to Governments for the year 2025

GlobeNewswire, Inc.

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Aug. 5, 2025

São Tomé and Príncipe Launches One of the World’s Most Affordable Citizenship by Investment Programs

EIN Presswire

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