The latest industries and services news from Sao Tome and Principe

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Last update: 7 hours ago

Oil & Gas Licensing: Sao Tome & Principe has launched a fast-track licensing round for ultra-deepwater acreage west of the islands, offering stakes up to 85% in Blocks 7, 8 and 9 (with 15% reserved for the state) and a June 30 bid deadline plus a $25,000 payment—Shell and others are already active nearby, with Shell’s late-2025 Falcao-1X result coming up dry. Regional Mobility & Trade: A new Mo Ibrahim Foundation report says AfCFTA’s gains are being held back by slow political action on free movement—only Mali, Niger, Rwanda and Sao Tome & Principe have ratified the AU 2018 Free Movement of Persons Protocol, leaving most Africans facing visa friction and costly travel. Digital Finance Regulation: The Neves Licensing Authority points to rising demand for modern licensing frameworks as fintech expands across borders, pushing regulators to adapt to cloud-based, automated and interconnected payment models. Energy Policy Context: Petrobras is weighing gasoline price changes but delaying to avoid losing market to falling ethanol prices, underscoring how fuel competition can shape pricing decisions.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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Petrobras to buy 75% stake and operatorship in São Tomé Block 3

Petrobras to buy 75% stake and operatorship in São Tomé Block 3

Multi-millionaire Arthur Eze's Oranto sells 75% stake in São Tomé Block 3 to Brazil's Petrobras

Multi-millionaire Arthur Eze's Oranto sells 75% stake in São Tomé Block 3 to Brazil's Petrobras

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May. 14, 2026

Neves Licensing Authority Highlights Growing Demand for Specialized Licensing Frameworks Across the Digital Finance Sector

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Jan. 21, 2026

São Tomé and Príncipe Issues First Citizenship by Investment Passport as NTL Trust Secures First Client Approvals

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Aug. 5, 2025

São Tomé and Príncipe Launches One of the World’s Most Affordable Citizenship by Investment Programs

EIN Presswire

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Jul. 6, 2025

Russia, Sao Tome, Principe Strengthen Ties

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May. 7, 2026

Citizenship by Investment Market Set for Structural Shift by 2030, Passportivity Report Finds

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