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São Tomé e Príncipe
22 February 2022

São Tomé e Príncipe´s telecom company acquired by Portugal´s Visabeira
Visabeira Global, from Portugal, has acquired 51% of the shares of Companhia Santomense de Telecomunicações (CST), previously held by Africatel Holding.
05 January 2022

Legal Update/ São Tomé e Príncipe: Special Consumption Tax
Sao Tome and Principe has enacted the new law to introduce the Special Consumption Tax (IEC), according to official legal database Legis-PALOP+TL.
10 November 2021

Forum Macao Ministerial Conference Postponed Till Early 2022 
The extraordinary ministerial conference of the Forum for Economic and Trade Cooperation between China and Portuguese-speaking Countries has been postponed due to the Covid-19 pandemic once again, from this month to early next year.
09 November 2021

Digital Economy and Green Development Focused at FOCAC 2021
Digital Economy and Green Development will be among areas of focus at FOCAC 2021 in Senegal, China´s Assistant Foreign Minister Wu Jianghao said.
25 October 2021

China-Africa Trade Recovers and Nears Pre-pandemic Levels
In the first eight months of the year, total two-way trade between China and African countries grew by 40 per cent year on year to USD 162.7 billion, nearing pre-pandemic levels.
20 July 2021

China-backed Asian Infrastructure Investment Bank OKs First Sub-Saharan Africa Project
The China-backed Asian Infrastructure Investment Bank (AIIB) has approved its first project in sub-Saharan Africa.
12 July 2021

Mobile Broadband and E-Commerce Speeding Up in Africa
Mobile broadband and e-commerce are set to grow in usage in Africa, in the wake of the covid-19 pandemic, according to the latest Ericsson Mobility Report.
09 June 2021

‘Strong’ Chinese Demand Lifts Agricultural Commodity Prices
Agricultural commodity prices are rapidly increasing, driven by strong Chinese demand, benefiting African and South American producers of palm oil, coffee, maize and rice.
13 May 2021

Sub-Saharan Africa Recovery Slowed by Weak State of Public Finances
The recovery of sub-Saharan African sovereigns from the pandemic shock last year is underway, but it is slowed by the weak state of public finances, Fitch Ratings says.
06 April 2021

Jordanian Businessman Vows to Invest USD 1.3 billion in Sao Tome Free Trade Zone
The Government of Sao Tome e Principe signed with investor Shehab Shanti a concession contract for the development of the Malanza Free Trade Zone (FTZ), south of São Tomé, valued at USD 1.3 billion.
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