AGP Executive Report
Last update: 5 hours agoAir Links: Lufthansa has been selected to buy up to 49.9% of TAP Air Portugal in a deal valued at about $1.3 billion. TAP serves São Tomé, linking the country to Lisbon and onward markets; the sale still needs regulatory approval. Digital Payments: São Tomé-founded fintech Sao Payment Global has launched in Ghana, its fifth market, and plans to use the country as a hub for Anglophone West Africa. The company says it is building licensed payment infrastructure for cross-border transfers. Agriculture: Farmers are expanding niche vanilla production as São Tomé seeks alternatives to ageing cocoa plantations and volatile cocoa prices. Growers see the high-value spice as a way to boost income, though cultivation is lengthy. Investment Services: São Tomé and Príncipe placed among 14 countries in the 2026 Citizenship by Investment index. Separately, Apex Capital Partners acquired a firm specializing in citizenship services for São Tomé and Sierra Leone, and says it will now be licensed in both.
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