Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Sao Tome and Principe Today.
São Tomé and Príncipe: IMF Mission Reaches Staff-Level Agreement on an Extended Credit Facility Arrangement
International Monetary Fund
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May 7, 2015
Press Release No. 15/194 May 7, 2015 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 not...
IMF Staff Completes Visit to São Tomé and Príncipe
African Press Organization
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April 6, 2017
Economic prospects are favorable, with growth expected to be around 5 percent in 2017 Inflation rose to 5.1 percent at end-2016, up from 4 percent in 2015 Domestic primary deficit in 2016 was higher than expected A staff team from the...
IMF Staff Completes Visit to São Tomé and Príncipe
International Monetary Fund
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April 5, 2017
April 5, 2017 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 not necessarily represent the...
IMF Executive Board Completes Second ECF Review for São Tomé and Príncipe, and Approves US$0.9 Million Disbursement
International Monetary Fund
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December 9, 2016
December 9, 2016 The Executive Board of the International Monetary Fund (IMF) today completed the second review of São Tomé and Príncipe’s economic program, supported by an Extended Credit Facility (ECF) [1] arrangement. Completion of the review...
US Lowers Diplomatic, Development Engagement in Africa
MENAFN
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April 22, 2025
(MENAFN) The United States is significantly scaling back its diplomatic and development efforts in Africa, leading to increasing worries about the future of the region’s progress in health, education, and economic growth. This reduction in...
U.S. Slashes Development Programs in Africa
MENAFN
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April 21, 2025
(MENAFN) The United States is significantly scaling back its development and diplomatic efforts in Africa, causing growing concerns about the region’s future in areas like health, education, and economic growth. A leaked executive order from the...
Africa: Congratulations to Sao Tome and Principe's New President Evaristo Carvalho
U.S. Department of State
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September 3, 2016
The United States offers congratulations to the people of Sao Tome and Principe on successfully holding free, fair, and transparent elections on July 17 and August 7, and to new President Evaristo Carvalho on his September 3 inauguration. This...
IMF Staff Completes Review Mission to São Tomé and Príncipe
International Monetary Fund
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September 28, 2016
September 28, 2016 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 not necessarily represent...
Democratic Republic of São Tomé and Príncipe : Second Review under the Extended Credit Facility, and Request for Waivers for Nonobservance of Performance Criterion and Modification of Performance Criteria-Press Release; Staff Report; and Statement by t…
International Monetary Fund
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December 20, 2016
Country Report No. 16/385
AUC Chairperson approves the deployment of a Short Term Election Observation Mission to the Republic of São Tomé and Príncipe’s Presidential Election.
African Press Organization
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July 8, 2016
Following an invitation from the Government of the Republic of São Tomé and Príncipe, the Chairperson of the African Union Commission (AUC), Her Excellency Dr. Nkosazana Dlamini-Zuma, has approved the deployment of an African Union Short-Term...
IMF Executive Board Concludes 2016 Article IV Consultation with São Tomé and Príncipe
African Press Organization
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June 17, 2016
On June 10, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the 2016 Article IV consultation[1] with the Democratic Republic of São Tomé and Príncipe. São Tomé and Príncipe’s economy has been resilient even after...
São Tomé and Príncipe: IMF Executive Board Concludes the Second Review under the Extended Credit Facility Arrangement
International Monetary Fund
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December 16, 2013
Press Release No. 13/516 December 16, 2013 The Executive Board of the International Monetary Fund (IMF) today completed the second review under the three-year arrangement under the Extended Credit Facility (ECF) for S o Tom and Pr ncipe. The...
ERHC Energy Reaches Agreement With Kosmos for Block 11, Sao Tome and Principe EEZ
Marketwire
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October 20, 2015
HOUSTON, TX -- (Marketwired) -- 10/20/15 -- ERHC Energy Inc. (OTC PINK: ERHE), a publicly traded American company with oil and gas assets in Sub-Saharan Africa, announced today that it has reached an agreement with Kosmos Energy (NYSE: KOS), a...
Democratic Republic of São Tomé and Príncipe: Request for a Three-Year Arrangement Under the Extended Credit Facility and Cancellation of the Current Arrangement Under the Extended Credit Facility-Press Release; and Statement by the Executive Director …
International Monetary Fund
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July 21, 2015
Summary: EXECUTIVE SUMMARY Context: São Tomé and Príncipe’s economic development is constrained by its insularity, fragility, limited resources, and low capacity as a small island state. The current ECF arrangement is set to expire on July 19,...
Democratic Republic of São Tomé and Príncipe : IMF Executive Board Approves Three-Year, US$6.2 Million Extended Credit Facility Arrangement
International Monetary Fund
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July 14, 2015
Press Release No. 15/336 July 13, 2015 The Executive Board of the International Monetary Fund (IMF) today approved a new arrangement under the Extended Credit Facility (ECF) for SDR 4.44 million (about US$6.2 million or 60 percent of quota) for...
Press Release: IMF Concludes Staff Visit to the Democratic Republic of São Tomé and Príncipe
International Monetary Fund
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September 29, 2015
Press Release No. 15/442 September 29, 2015 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do...
São Tomé and Príncipe: IMF Executive Board Completes First Review under the ECF and Approves US$ 0.564 Million Disbursement
International Monetary Fund
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June 13, 2013
Press Release No.13/210 June 13, 2013 The Executive Board of the International Monetary Fund (IMF) has completed the first review under a three-year arrangement under the Extended Credit Facility (ECF) for S o Tom and Pr ncipe.1 The completion of...
Press Release: IMF Staff Concludes Visit to the Democratic Republic of São Tomé and Príncipe
International Monetary Fund
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February 6, 2015
Press Release No.15/38 February 6, 2015 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 not...
Democratic Republic of São Tomé And Príncipe: Poverty Reduction Strategy Paper
International Monetary Fund
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January 13, 2014
Summary: Executive Summary The first NPRS was drafted in 2002 and the authorities promised to reduce the percentage of the Saotomean population living in poverty (53.8 percent) by half in 2010 and by two-thirds in 2015, and to decrease the...
Democratic Republic of São Tomé and Príncipe: IMF Concludes Third ECF Review Mission
International Monetary Fund
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March 21, 2014
Press Release No. 14/119 March 21, 2014 A team from the International Monetary Fund (IMF), led by Ricardo Velloso, visited S o Tom and Pr ncipe during March 7-20, 2014, to conduct discussions for the third review of the Government’s economic and...