AGP Executive Report
Last update: 3 hours agoMaritime Security & Trade: The US Coast Guard kept 10 African countries, including São Tomé and Príncipe, on its heightened port-security restrictions watch list, after finding ports were not maintaining effective antiterrorism measures; Nigeria was removed after it met the standards, but the advisory can add extra security requirements for ships calling at affected ports. Oil & Gas: Petrobras submitted an expression of interest to negotiate four offshore exploration blocks in Ghana’s Keta basin, following approval from Ghana’s Ministry of Energy and Green Transition; Petrobras already has exploration interests in São Tomé and Príncipe and other African markets. Heritage & Tourism: UNESCO recognition is boosting efforts to preserve São Tomé’s colonial-era “rocas” plantation estates on Principe, but most sites are abandoned, creating a preservation challenge even as private investors eye tourism potential. Regional Services Integration: In SADC, work is advancing on Mutual Recognition Agreements under Article 7 to ease cross-border movement of service suppliers, with São Tomé and Príncipe among the ratifying countries. Inflation Watch: São Tomé and Príncipe recorded 9.70% inflation in June 2026, the highest since December 2025, as prices rose 1.2% month-on-month.
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