AGP Executive Report
Last update: 5 hours agoAir Connectivity: Lufthansa has been selected to buy up to 49.9% of TAP Air Portugal for about $1.3 billion, pending regulatory approval. TAP serves São Tomé, and the deal could shape links through Lisbon to Europe and other markets, though it does not guarantee lower fares or more flights. Agriculture: São Tomé farmers are expanding into vanilla as volatile cocoa prices and ageing plantations drive crop diversification. The high-value spice is attracting interest from European buyers and offers some growers a more profitable source of income. Digital Payments: São Tomé-founded fintech Sao Payment Global has launched in Ghana, its fifth live market, naming the country its hub for Anglophone West Africa. The company says its licensed payment network will connect transactions across countries and institutions.
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