AGP Executive Report
Last update: 8 hours agoOffshore Energy: TGS, with São Tomé and Príncipe’s ANP-STP, has started a new 2D seismic reprocessing project covering 14,651 km of older offshore surveys (1999–2005), using modern imaging methods to improve subsurface clarity and boost exploration confidence. Currency Watch: July 2026 saw mixed African currency moves versus the US dollar, with the Botswana pula, Seychellois rupee and Comorian franc among the top performers, while the Egyptian pound, Ghanaian cedi, Zambian kwacha and Ugandan shilling weakened most. Citizenship & Mobility: São Tomé and Príncipe is marketing a “golden passport” for $90,000 via a National Transformation Fund contribution, as the EU tightens pressure on citizenship-by-investment schemes used by wealthy Africans. Trade & Markets: Nigeria’s non-oil exporters expanded to 210 markets by 2025 (up from 93 in 2013), adding 117 destinations including São Tomé and Príncipe, though high power, financing and logistics costs remain hurdles. Tourism & Heritage: UNESCO added the Roças of São Tomé and Príncipe to the World Heritage List, highlighting Portuguese colonial plantation history tied to cocoa and coffee and forced labor. Global Context: July 2026 tied July 2024 as the hottest month on record, underscoring rising climate pressure on small island economies.
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