Sao Tome and Principe News » Lemba News Sao Tome and Principe » Lemba » Economy: African Development Bank's $21.9 million grant to boost São Tomé and Príncipe's blue economy and strengthen food security
The African Development Bank Group's Board of Directors has approved a $22 million grant to finance the Blue Economy and Fisheries Infrastructure Rehabilitation and Maintenance Project in São Tomé and ...
News Sao Tome and Principe » Lemba » Economy: São Tomé and Príncipe Economic Update: Reforming State-Owned Enterprises for Increased Private Sector-Led Growth and Job Creation
STP’s economy showed signs of recovery from a severe energy crisis in 2023. The archipelago has faced a declining growth trend over the past two decades, affecting the already small and weak labor ...
News Sao Tome and Principe » Lemba » Economy: IMF Executive Board Completes the First Review Under the Extended Credit Facility Arrangement and Concludes 2025 Article IV Consultation with São Tomé and Príncipe
Sources: São Tomé and Príncipe authorities' data and IMF staff estimates and projections. 1 Excludes oil-related revenues, ENCO debt repayment, grants, scheduled interest payments, foreign-financed ...
News Sao Tome and Principe » Lemba » Economy: Sao Tome and Principe graduated from LDC status
On 13 December, Sao Tome and Principe became the eighth country to graduate from the least developed country (LDC) category. There are now 44 countries remaining on the list of LDCs. Sao Tome and ...
News Sao Tome and Principe » Lemba » Economy: IMF Reaches Staff-Level Agreement with São Tomé and Príncipe on the Second Review under the Extended Credit Facility Arrangement
End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do ...
News Sao Tome and Principe » Lemba » Economy: São Tomé and Príncipe: World Bank Boosts Social Protection and Resilience for 27,500 People
WASHINGTON, October 14, 2025 – The World Bank and the Government of São Tomé and Príncipe signed an agreement for $6 million in additional financing to support the Social Protection, Resilience, and ...
News Sao Tome and Principe » Lemba » Economy: Firm strengthens ties with Sao Tome & Principe
The Chairman of Nigeria-based Ailes Group, Dr. Michael Onuoha, has met with the Prime Minister of Sao Tome & Principe, Mr. Américo d’Oliveira dos Ramos, to explore new development partnerships that ...