Business in Sao Tome and Principe

EENI- School of International Business

Subject (Course): International Trade and Doing Business in Sao Tome and Principe.


  1. Introduction to the Democratic Republic of Sao Tome and Principe (Central Africa).
  2. The Economy of Sao Tome and Principe
  3. International Trade of Sao Tome.
  4. Business Opportunities in Sao Tome and Principe.
  5. Introduction to Portuguese
  6. Access to the Sao Tome market
  7. Business Plan for Sao Tome and Principe

The purposes of the subject “Doing Business in São Tomé and Príncipe” are:

  1. To learn to do business in São Tomé and Príncipe
  2. To evaluate business opportunities in São Tomé and Príncipe
  3. To know São Tomé and Príncipe's Free Trade Agreements (FTAs)
  4. To analyse trade relationships of São Tomé and Príncipe with the country of the student
  5. To learn how to develop a business plan for the São Tomé and Príncipe
Subject “Doing Business in Sao Tome and Principe” is studied…
  1. Doctorate in Business in Africa
  2. Masters (e-learning): International Business, Africa
  3. Course: Central Africa

Course learning materials in En or Fr Sao Tome Fr Sao Tome Es Sao Tome.

Credits of the subject “Doing Business in Sao Tome and Principe”: 0.5 ECTS

Sample of the subject - Doing Business in Sao Tome and Principe:
Sao Tome and Principe Business

We Trust in Africa

Subject Description (Doing Business in Sao Tome and Principe).

Sao Tome and Principe: A “tourist country” and exporter of cocoa.

  1. Sao Tome and Principe is an insular country
  2. Neighbouring countries (by sea): Gabon, Cameroon, and Equatorial Guinea
  3. Population: 200,000
  4. The capital of Sao Tome and Principe: São Tomé (137,500 people)
  5. Literacy rate: 70 %
  6. The official language is Portuguese
  7. Area: 1,000 square kilometres
  8. Religion: 80% of the population is Christian (Catholicism)
  9. The Government: Republic. Multiparty Democracy
  10. Climate: tropical
  11. Independence of Sao Tome and Principe: 1975 (Portugal)

Sao Tome and Principe belongs to the Central African Economic Area of the African Civilisation.

The economy of Sao Tome and Principe:

  1. Tourism and agriculture represent the largest export sectors of Sao Tome and Principe.
  2. The Government has created new incentives for the promotion of free trade zones.
  3. GDP growth: 4% (middle-income country)
    - 20 % agriculture and forestry
    - 19 % industrial sector
    - 61 % services
  4. The inflation: 7.9
  5. Unemployment: 55%
  6. National Currency: Dobras (STD)
  7. Cash Crops: Cocoa, coffee, coconut, and pepper
  8. Top export product: cocoa (95% of the total exports)
  9. Top trading partners: the European Union (60 % with Portugal) and Angola.
  10. Trade with the Economic Community of Central African States: only 2% of the total trade of Sao Tome.
  11. Potential sectors: tourism, energy, Petrol, construction, finances, telecommunications, health, and education
  12. Political stability
  13. Lack of physical infrastructure
  14. Weak judicial system
  15. The industry of Sao Tome is limited to the transformation of export agricultural products (90% of export earnings are derived from cocoa monocultures).
  16. Copra, palm kernel, and coffee are also exported.
  17. The State plantations occupy 80% of the crop area of Santo Tomé.

The entry into force of the Agreement on Economic Cooperation between Sao Tome and Principe and Portugal is one of the measures announced by the Central Bank of Sao Tome.

Sao Tome and Principe has preferential access to:

  1. Economic Community of Central African States (ECCAS)
  2. African Growth and Opportunity Act (AGOA)
  3. Cotonou Agreement

Economic Community Central African

Sao Tome and Principe is a member of:

  1. African Development Bank
  2. New Partnership for Africa's Development (NEPAD)
  3. Economic Commission for Africa (ECA)
  4. African Union (AU)
  5. Afro-Arab cooperation - Arab Bank for Economic Development in Africa (BADEA)
  6. Community of Portuguese Language countries.
  7. Africa-South America Summit (ASA)
  8. World Bank (WB), United Nations (UN), International Monetary Fund (IMF), World Trade Organisation (WTO)

Negócios São Tomé e Príncipe

U-EENI University