AGP Executive Report
Last update: 6 hours agoExtractive Industries: Liberia’s Jeffrey Yates won an alternate seat on the EITI International Board for the Anglophone and Lusophone Africa region, which includes São Tomé and Príncipe. He will also serve on the board’s Validation Committee. Health Supply Chains: São Tomé and Príncipe is already part of Africa’s pooled procurement mechanism, which Libya has now joined. The initiative aims to strengthen collective purchasing, support local manufacturing and improve access to medicines and medical supplies. Conservation and Livelihoods: São Tomé and Príncipe’s biosphere-reserve model links environmental protection with economic activity, including small businesses built around sustainable harvesting and processing of forest snails, while seeking alternatives to illegal logging, charcoal production and wildlife poaching. Economic Outlook: The IMF says growth among eight recent LDC graduates averaged about 2.9% in the five years before and after graduation, with results shaped by factors such as resource cycles, tourism and natural disasters. São Tomé and Príncipe graduated in 2024.
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