Democratic Republic of
São Tomé and Príncipe
República Democrática de
São Tomé e Príncipe (Portuguese)
Motto: "Unidade, Disciplina, Trabalho" (Portuguese)
"Unity, Discipline, Labour"
Anthem: Independência total
and largest city
|Recognised regional languages|
|Government||Unitary semi-presidential republic|
|Jorge Bom Jesus|
• from Portugal
|12 July 1975|
|1,001 km2 (386 sq mi) (171th)|
• Water (%)
• 2018 estimate
• 2012 census
|199.7/km2 (517.2/sq mi) (69th)|
|GDP (PPP)||2017 estimate|
• Per capita
|GDP (nominal)||2017 estimate|
• Per capita
|HDI (2018)|| 0.609|
medium · 137th
|Time zone||UTC (GMT)|
|ISO 3166 code||ST|
São Tomé and Príncipe (/ ... , - /; Portuguese: [sɐ̃w̃ tuˈmɛ i ˈpɾĩsɨpɨ]), (English: Saint Thomas and Prince) officially the Democratic Republic of São Tomé and Príncipe (Portuguese: República Democrática de São Tomé e Príncipe), is an island country in the Gulf of Guinea, off the western equatorial coast of Central Africa. It consists of two archipelagos around the two main islands of São Tomé and Príncipe, about 140 km (87 mi) apart and about 250 and 225 km (155 and 140 mi) off the northwestern coast of Gabon.
The islands were uninhabited until their discovery by Portuguese explorers in the 15th century. Gradually colonized and settled by the Portuguese throughout the 16th century, they collectively served as a vital commercial and trade center for the Atlantic slave trade. The rich volcanic soil and proximity to the Equator made São Tomé and Príncipe ideal for sugar cultivation, followed later by cash crops such as coffee and cocoa; the lucrative plantation economy was heavily dependent upon imported African slaves. Cycles of social unrest and economic instability throughout the 19th and 20th centuries culminated in peaceful independence in 1975. São Tomé and Príncipe has since remained one of Africa's most stable and democratic countries.
With a population of 201,800 (2018 official estimate), São Tomé and Príncipe is the second-smallest African sovereign state after Seychelles, as well as the smallest Portuguese-speaking country. Its people are predominantly of African and mestiço descent, with most practicing Catholic Christianity. The legacy of Portuguese rule is also visible in the country's culture, customs, and music, which fuse European and African influences. São Tomé and Príncipe is a founding member state of the Community of Portuguese Language Countries.
The islands of São Tomé and Príncipe were uninhabited when the Portuguese arrived sometime around 1470. The first Europeans to put ashore were João de Santarém and Pêro Escobar. Portuguese navigators explored the islands and decided that they would be good locations for bases to trade with the mainland.
The dates of European arrival are sometimes given as 21 December (St Thomas's Day) 1471, for São Tomé; and 17 January (St Antony's Day) 1472, for Príncipe, though other sources cite different years around that time. Príncipe was initially named Santo Antão ("Saint Anthony"), changing its name in 1502 to Ilha do Príncipe ("Prince's Island"), in reference to the Prince of Portugal to whom duties on the island's sugar crop were paid.
The first successful settlement of São Tomé was established in 1493 by Álvaro Caminha, who received the land as a grant from the crown. Príncipe was settled in 1500 under a similar arrangement. Attracting settlers proved difficult, however, and most of the earliest inhabitants were "undesirables" sent from Portugal, mostly Jews. In time, these settlers found the volcanic soil of the region suitable for agriculture, especially the growing of sugar.
The cultivation of sugar was a labour-intensive process and the Portuguese began to enslave large numbers of Africans from the mainland. These slaves originated mainly from the Gold Coast, Niger Delta and in Kongo. Originally, the residents of São Tomé focused on cultivating provisions for themselves, sustaining their slaves, and participating in the export of slaves. A lack of value existed for the property on the island, as before the sugar boom, not much incentive remained to own land. Foodstuffs often had to be imported, as cultivation on São Tomé was limited. The low value of property is emphasized by the death of a São Toméan landowner, Álvaro Borges in November, 1504. When Borges passed, his cleared land and domesticated animals were sold for merely 13,000 réis at a time when four slaves could be bought for 19,400 réis. Although São Tomé, according to Valentim Fernandes around 1506, had bountiful sugarcane fields and even larger sugarcane than Madeira "from which they already produce molasses," the island was absent of the facilities needed for industrial levels of sugar production.
São Tomé would only become economically noteworthy with the introduction of a land grant in 1515 of a water-powered sugar mill. Just two years later in 1517, Portuguese documents highlighted the importance of these sugar mills in the mass cultivation of sugar. The documents state, "The fields are expanding and the sugar mills, too. At this time, only two sugar mills are here and another three are being built, counting the mill of the contractors, which is large. Similarly, the necessary conditions exist, such as streams and timber, to be able to build many more. And the [sugar] canes are the biggest I have ever seen in my life." The expansion of sugar fields and production in São Tomé led to the creation of plantation[s]. The creation of plantations resulted in an economic surge of sugar through slave labor. Consequently, São Tomé's economy was based in sugar production and the slave trade. By the mid-16th century, the Portuguese settlers had turned the islands into Africa's foremost exporter of sugar.
Slaves in São Tomé were bought from the Slave Coast of West Africa, the Niger Delta, the island Fernando Po, then later from the Kongo and Angola. In the 16th century, the enslaved were imported from and exported to Portugal, Elmina, the Kingdom of Kongo, Angola, and the Spanish Americas. In 1510, reportedly 10,000 to 12,000 slaves were imported by Portugal. Then in 1516, São Tomé received 4,072 slaves with the purpose of re-exportation. As a result, in 1519 the island became the center of the slave trade between Elmina and the Niger Delta up until 1540. Throughout the early to mid sixteenth century, São Tomé was additionally harboring slave trade relationships intermittently with Angola and the Kingdom of Kongo. Furthermore, in 1525 São Tomé began its slave trade relationship with the Spanish Americas. Most of the slaves to the Spanish Americas went to the Caribbean and Brazil. In the period between 1532 and 1536, every year São Tomé sent an average of 342 slaves to the Antilles. Prior to 1580, the island accounted for 75 percent of Brazil's imports, mainly exporting slaves. The slave trade was a cornerstone of São Tomé's economy all the way until the beginning of the seventeenth century.
The power dynamics of São Tomé in the 16th century were surprisingly diverse with the participation of free mulatto[s] and black citizens in governance. Due to the minimal amounts of voluntary colonists, who actively avoided inhabiting São Tomé because of the presence of disease and food shortages, the crown deported convicts to the island and encouraged interracial relationships to secure the settlement. Slavery was also not permanent, as demonstrated through the 1515 royal decree granting the manumission to African wives of white settlers and their mixed-race children. Then in 1517, another royal decree freed the male slaves who had originally arrived on the island with the first colonists. After 1520, a royal charter allowed for property-owning, married, free mulattos to hold public offices. This was followed by a royal decree in 1546 that equated these qualified mulattos with the white settlers. Consequently, free mulattos and black citizens enjoyed opportunities for upward mobility and participated in local politics and economy. Compounded with the participation of deported convicts and white settlers in government, frequent disputes occurred in the governance of São Tomé, which consisted of town councils, a governor, and a bishop. These quarrels meant that São Tomé was constantly politically unstable.
Slavery in São Tomé was originally much less structured because of the scarcity of resources on the island. In the mid-16th century, an anonymous Portuguese pilot noted that the slaves were employed as couples, built their own accommodations, and worked autonomously once a week on the cultivation of their own food supply. However, this more relaxed slave system did not last long following the introduction of plantations. From the onset of slavery in São Tomé, slaves frequently ran away to the mountainous interior of the island. Between 1514 and 1527, five percent of slaves that were imported to São Tomé escaped. These runaway slaves frequently starved to death, as there were few crops and edible animals in the tropical mountains of the island. Ironically, the lack of food on the sugar plantations especially between 1531 and 1535 was one of the main reasons slaves attempted to escape. Eventually, the Maroon (people) developed settlements in the interior of the island known as macambos.
The first signs of slave rebellion began in the 1530s, when the maroon gangs organized and attacked plantations. As a result, more plantations were abandoned. The attacks became so common that a formal complaint was lodged by local Portuguese authorities in 1531 claiming that too many settlers and black citizens were being killed in the fights, and that the island would be lost if the problem remained unresolved. As a solution, in 1533 local authorities engaged in a 'bush war' led by a 'bush captain' using militia units to suppress the maroon combatants. A significant event in the maroon fight for freedom occurred in 1549, when two men claiming to have been born free men from the macambos were taken in by a wealthy mulatto planter named Ana de Chaves. With the support of de Chaves, the two men sent in a petition to the king to be labeled free men instead of slaves. The monarch ended up approving the request. The largest occurrence of marronage happened simultaneously to the sugar boom of the mid-16th century, when the number of plantation slaves increased exponentially. Between 1587 and 1590, many of the runaway slaves were defeated as a result of the bush war. However, in 1593 the slaves regrouped and reorganized only for later that year, according to the governor at the time, to be almost completely extinguished. Despite the counter-revolutionary efforts by the authorities, the settlers were unable to inhabit the southern and western parts of São Tomé, because of their proximity to the maroons. The greatest slave revolt in São Tomé occurred in July 1595, during a period when the government was weakened by disputes between the bishop and the governor. The revolt, which was headed by a native slave named Amador, was successful in uniting 5000 slaves in an effort to raid and destroy plantations, sugar mills, and settler's houses. Amador and his rebellion unsuccessfully attempted to raid the town three times before eventually, after three weeks, they were defeated by the militia. Two hundred slaves were killed in combat, and Amador and the other rebel leaders were executed. The rest of the slaves were granted amnesty and returned to their plantations. Amador's revolt had successfully destroyed 60 of the island's 85 sugar mills in one of the greatest slave uprisings in history. Smaller slavery rebellions followed in the 17th and 18th centuries.
Eventually, competition from sugar-producing colonies in the Western Hemisphere began to hurt the islands. The large enslaved population also proved difficult to control, with Portugal unable to invest many resources in the effort. Sugar cultivation thus declined over the next 100 years, and by the mid-17th century, the economy of São Tomé had changed. It was now primarily a transit point for ships engaged in the slave trade between the West and continental Africa.
In the early 19th century, two new cash crops, coffee and cocoa, were introduced. The rich, volcanic soils proved well suited to the new cash crop industry, and soon extensive plantations (known as roças), owned by Portuguese companies or absentee landlords, occupied almost all of the good farmland. By 1908, São Tomé had become the world's largest producer of cocoa, which remains the country's most important crop.
The roças system, which gave the plantation managers a high degree of authority, led to abuses against the African farm workers. Although Portugal officially abolished slavery in 1876, the practice of forced paid labour continued. Scientific American documented in words and pictures the continued use of slaves in São Tomé in its 13 March 1897 issue.
In the early 20th century, an internationally publicized controversy arose over charges that Angolan contract workers were being subjected to forced labour and unsatisfactory working conditions. Sporadic labor unrest and dissatisfaction continued well into the 20th century, culminating in an outbreak of riots in 1953 in which several hundred African laborers were killed in a clash with their Portuguese rulers. This "Batepá Massacre" remains a major event in the colonial history of the islands, and its anniversary is officially observed by the government.
By the late 1950s, when other emerging nations across the African continent demanded their independence, a small group of São Toméans had formed the Movement for the Liberation of São Tomé and Príncipe (MLSTP), which eventually established its base in nearby Gabon. Picking up momentum in the 1960s, events moved quickly after the overthrow of the Caetano dictatorship in Portugal in April 1974.
The new Portuguese regime was committed to the dissolution of its overseas colonies. In November 1974, their representatives met with the MLSTP in Algiers and worked out an agreement for the transfer of sovereignty. After a period of transitional government, São Tomé and Príncipe achieved independence on 12 July 1975, choosing as the first president the MLSTP Secretary General Manuel Pinto da Costa.
In 1990, São Tomé became one of the first African countries to undergo democratic reform, and changes to the constitution – the legalization of opposition political parties – led to elections in 1991 that were nonviolent, free, and transparent. Miguel Trovoada, a former prime minister who had been in exile since 1986, returned as an independent candidate and was elected president. Trovoada was re-elected in São Tomé's second multiparty presidential election in 1996.
The Party of Democratic Convergence won a majority of seats in the National Assembly, with the MLSTP becoming an important and vocal minority party. Municipal elections followed in late 1992, in which the MLSTP won a majority of seats on five of seven regional councils. In early legislative elections in October 1994, the MLSTP won a plurality of seats in the assembly. It regained an outright majority of seats in the November 1998 elections.
Presidential elections were held in July 2001. The candidate backed by the Independent Democratic Action party, Fradique de Menezes, was elected in the first round and inaugurated on 3 September. Parliamentary elections were held in March 2002. For the next four years, a series of short-lived opposition-led governments was formed.
The army seized power for one week in July 2003, complaining of corruption and that forthcoming oil revenues would not be divided fairly. An accord was negotiated under which President de Menezes was returned to office. The cohabitation period ended in March 2006, when a propresidential coalition won enough seats in National Assembly elections to form a new government.
In the 30 July 2006 presidential election, Fradique de Menezes easily won a second five-year term in office, defeating two other candidates Patrice Trovoada (son of former President Miguel Trovoada) and independent Nilo Guimarães. Local elections, the first since 1992, took place on 27 August 2006 and were dominated by members of the ruling coalition. On 12 February 2009, a coup d'état was attempted to overthrow President Fradique de Menezes. The plotters were imprisoned, but later received a pardon from President de Menezes.
The president of the republic is elected to a five-year term by direct universal suffrage and a secret ballot, and must gain an outright majority to be elected. The president may hold up to two consecutive terms. The prime minister is appointed by the president, and the 14 members of cabinet are chosen by the prime minister.
The National Assembly, the supreme organ of the state and the highest legislative body, is made up of 55 members, who are elected for a four-year term and meet semiannually. Justice is administered at the highest level by the Supreme Court. The judiciary is independent under the current constitution.
São Tomé and Príncipe has functioned under a multiparty system since 1990. With regard to human rights, there are freedom of speech and the freedom to form opposition political parties.
São Tomé and Principe is considered a free country. With very high freedom of speech, high political freedom and average economic freedom. In terms of corruption, São Tomé and Principe is a country with average corruption, in recent years the corruption has been decreasing. In tourism terms, the risk is low, equivalent to the risk of visiting France, for example.
São Tomé and Príncipe has embassies in Angola, Belgium, Gabon, Portugal, and the United States. It recognized the People's Republic of China in 2016. It also has a permanent mission to the UN in New York City and an International Diplomatic Correspondent Office.
São Tomé and Príncipe is a founding member state of the Community of Portuguese Language Countries, also known as the Lusophone Commonwealth, and international organization and political association of Lusophone nations across four continents, where Portuguese is an official language.
Portugal has historical ties with São Tomé and Príncipe, from the period of colonization by the Portuguese. Portugal is the largest investor in São Tomé and Príncipe, investing millions of euros in the economy of São Tomé and Príncipe. São Tomé and Príncipe maintains an embassy in Lisbon, a consulate in Porto and one in Coimbra. Portugal maintains an embassy in São Tomé. Portugal and São Tomé and Príncipe signed an agreement, in which Portugal undertakes to patrol the coastal area of São Tomé and Príncipe, protecting it mainly from pirates. The Portuguese military ship NRP Zaire and some Portuguese patrol boats are permanently stationed on the coast of São Tomé and Príncipe. The economy of São Tomé and Príncipe is closely linked to that of Portugal, with Portugal accounting for more than 50% of imports from São Tomé and Príncipe. Portugal has also helped to develop education in São Tomé and Príncipe, financially helping to build and maintain the Public University of São Tomé and Príncipe. The portuguese President Marcelo Rebelo de Sousa visited Sao Tome and Principe in 2018 to demonstrate the strong economic and cultural ties between Portugal and São Tome and Principe.
Angola is a major business partner mainly in the area of natural energy resources, Angola is the major supplier of oil and natural gas to São Tomé and Príncipe. In addition, hundreds of Angolan tourists visit São Tomé and Príncipe every year, contributing to the local economy. There is a relatively large community of Angolans in São Tomé and Príncipe. São Tomé and Príncipe maintains an embassy in Luanda and Angola maintains an embassy in São Tomé.
The United States has had relations with São Tomé and Príncipe since 1975, the United States has offered millions of dollars in financial aid packages to São Tomé and Príncipe. The financial aid packages were designed to develop the country's infrastructure and improve its fiscal, tax and customs administration. In addition, in recent years, some US Coast Guard ships have visited São Tomé and Príncipe, providing medical and military training to soldiers from São Tomé and Príncipe. In 2002, the US had plans to establish a small military base on the island of São Tomé, São Tomé and Príncipe accepted the construction of the base, but the plan was canceled due to US political and financial issues. In 1992, the US federal government broadcaster, Voice of America, and the government of São Tomé signed a long-term agreement to establish a relay broadcasting station in São Tomé. Voice of America currently broadcasts to much of the Africa from this facility.
Thousands of tourists from Cape Verde visit São Tomé and Príncipe, helping the local economy. Relations between Cape Verde and São Tomé and Príncipe have improved over the years.
India also has very good relations with São Tomé and Príncipe, investing thousands of euros annually in the agricultural sector.
Neighboring Gabon, Cameroon and the Republic of Congo are important partners in São Tomé and Príncipe, many companies in these countries have establishments and businesses in São Tomé and Príncipe. Because these countries speak French, the language has become important in the business sector (together with Portuguese), in São Tomé and Príncipe.
Since 2013, China has invested in some road and sea port projects but investments have been stalling in recent years.
São Tomé and Príncipe's military is small and consists of four branches: the Army (Exército), Coast Guard (Guarda Costeira also called "Navy"), Presidential Guard (Guarda Presidencial), and the National Guard.
In 1977, two years after independence, the country was divided into two provinces (São Tomé Province and Príncipe Province) and six districts. Since the new constitution was adopted in 1990, the provinces have been abolished, and the districts are the only administrative subdivisions. Since 29 April 1995, the island of Príncipe is an autonomous region, coterminous with the district of Pagué. The larger island of São Tomé is divided into six districts and Príncipe island into one:
São Tomé Island
The islands of São Tomé and Príncipe, situated in the equatorial Atlantic and Gulf of Guinea about 300 and 250 km (190 and 160 mi), respectively, off the northwest coast of Gabon, constitute Africa's second-smallest country. Both are part of the Cameroon volcanic mountain line, which also includes the islands of Annobón to the southwest, Bioko to the northeast (both part of Equatorial Guinea), and Mount Cameroon on the coast of Gulf of Guinea.
São Tomé is 50 km (30 mi) long and 30 km (20 mi) wide and the more mountainous of the two islands. Its peaks reach 2,024 m (6,640 ft) – Pico de São Tomé. Príncipe is about 30 km (20 mi) long and 6 km (4 mi) wide. Its peaks reach 948 m (3,110 ft) – Pico de Príncipe. Swift streams radiating down the mountains through lush forest and cropland to the sea cross both islands. The Equator lies immediately south of São Tomé Island, passing through the islet Ilhéu das Rolas.
The Pico Cão Grande (Great Dog Peak) is a landmark volcanic plug peak, at in southern São Tomé. It rises over 300 m (1,000 ft) above the surrounding terrain and the summit is 663 m (2,175 ft) above sea level.
At sea level, the climate is tropical—hot and humid with average yearly temperatures of about 27 °C (80.6 °F) and little daily variation. The temperature rarely rises beyond 32 °C (89.6 °F). At the interior's higher elevations, the average yearly temperature is 20 °C (68 °F), and nights are generally cool. Annual rainfall varies from 5,000 mm (196.9 in) on the southwestern slopes to 1,000 mm (39.4 in) in the northern lowlands. The rainy season is from October to May.
São Tomé and Príncipe does not have a large number of native mammals (although the São Tomé shrew and several bat species are endemic). The islands are home to a larger number of endemic birds and plants, including the world's smallest ibis (the São Tomé ibis), the world's largest sunbird (the giant sunbird), the rare São Tomé fiscal, and several giant species of Begonia. São Tomé and Principe is an important marine turtle-nesting site, including the hawksbill turtles (Eretmochelys imbricata).
Since the 19th century, the economy of São Tomé and Príncipe has been based on plantation agriculture. At the time of independence, Portuguese-owned plantations occupied 90% of the cultivated area. After independence, control of these plantations passed to various state-owned agricultural enterprises. The main crop on São Tomé is cocoa, representing about 95% of agricultural exports. Other export crops include copra, palm kernels, and coffee.
Domestic food-crop production is inadequate to meet local consumption, so the country imports most of its food. In 1997, an estimated 90% of the country's food needs are met through imports. Efforts have been made by the government in recent years to expand food production, and several projects have been undertaken, largely financed by foreign donors.
Other than agriculture, the main economic activities are fishing and a small industrial sector engaged in processing local agricultural products and producing a few basic consumer goods. The scenic islands have potential for tourism, and the government is attempting to improve its rudimentary tourist industry infrastructure. The government sector accounts for about 11% of employment.
Following independence, the country had a centrally directed economy, with most means of production owned and controlled by the state. The original constitution guaranteed a mixed economy, with privately owned cooperatives combined with publicly owned property and means of production.
In the 1980s and 1990s, the economy of São Tomé encountered major difficulties. Economic growth stagnated, and cocoa exports dropped in both value and volume, creating large balance-of-payments deficits. Plantation land was seized, resulting in the complete collapse of cocoa production. At the same time, the international price of cocoa slumped.
In response to its economic downturn, the government undertook a series of far-reaching economic reforms. In 1987, the government implemented an International Monetary Fund structural adjustment program, and invited greater private participation in management of the parastatals, as well as in the agricultural, commercial, banking, and tourism sectors. The focus of economic reform since the early 1990s has been widespread privatization, especially of the state-run agricultural and industrial sectors.
The São Toméan government has traditionally obtained foreign assistance from various donors, including the UN Development Programme, the World Bank, the European Union, Portugal, Taiwan, and the African Development Bank. In April 2000, in association with the Banco Central de São Tomé e Príncipe, the IMF approved a poverty-reduction and growth facility for São Tomé aimed at reducing inflation to 3% for 2001, raising ideal growth to 4%, and reducing the fiscal deficit.
In late 2000, São Tomé qualified for significant debt reduction under the IMF–World Bank's Heavily Indebted Poor Countries initiative. The reduction is being reevaluated by the IMF, due to the attempted coup d'état in July 2003 and subsequent emergency spending. Following the truce, the IMF decided to send a mission to São Tomé to evaluate the macroeconomic state of the country. This evaluation is ongoing, reportedly pending oil legislation to determine how the government will manage incoming oil revenues, which are still poorly defined, but in any case expected to change the economic situation dramatically.
In parallel, some efforts have been made to incentivize private tourism initiatives, but their scope remains limited.
Portugal remains one of São Tomé's major trading partners, particularly as a source of imports. Food, manufactured articles, machinery, and transportation equipment are imported primarily from the EU.
In the past few years, the economy of São Tomé and Príncipe has grown, driven by agriculture, tourism and foreign investments, but mainly grew due to government spending driven by foreign loans. Gross domestic product (GDP) grew at an average rate of 5.5% between 2009 and 2017, but has slowed since 2014. The slowdown in economic growth was caused by lower government spending due to decreased foreign loans and decreased revenue government tax.
The biggest challenges for the economy of São Tomé and Príncipe are limited workforce, the fact that São Tomé and Príncipe is an archipelago, small domestic market, climatic fluctuations, global warming, scarce diplomatic resources and reducing poverty.
For long-term economic growth, the government is trying to stimulate various sectors of the economy, diversify the economy, cut government spending and encourage private sector and foreign investment.
São Tomé and Príncipe outperforms the sub-Saharan Africa average on the Human Development Index and has made great progress on most social indicators. All children in São Tomé and Príncipe are enrolled in the education system, life expectancy has increased to 70 years, the infant mortality rate has decreased dramatically and the vast majority of the population already has access to piped water and access to electricity.
In terms of business, the government of São Tomé and Príncipe has passed several laws that facilitate the creation of private businesses and foreign investments. Between 2015 and 2019 the number of businesses and small businesses increased a lot. This increase led to a decrease in unemployment, an increase in exports and the creation of several manufactures. In the coming years a significant economic increase is expected.
The tourism sector has great potential to be a way of diversifying the country's economy. This sector has been expanding with the increase of foreign investment. Large resorts have been built on the beaches of São Tomé and Príncipe.
The main ports in the country are in the city of São Tomé and Neves, both on the island of São Tomé, which were very degraded were modernized in 2014. Close to the city of São Tomé, the international airport was expanded and modernized. The telephone system and the road network are good by African standards. The use of the cell phone is widely used and has been improved in recent years. The Internet service is available and has been widely installed in urban areas.
In 2001, São Tomé and Nigeria reached agreement on joint exploration for petroleum in waters claimed by the two countries of the Niger Delta geologic province. After a lengthy series of negotiations, in April 2003, the joint development zone (JDZ) was opened for bids by international oil firms. The JDZ was divided into nine blocks; the winning bids for block one, ChevronTexaco, ExxonMobil, and the Norwegian firm, Equity Energy, were announced in April 2004, with São Tomé to take in 40% of the $123 million bid, and Nigeria the other 60%. Bids on other blocks were still under consideration in October 2004. São Tomé has received more than $2 million from the bank to develop its petroleum sector.
Banco Central de Sāo Tomé e Príncipe is the central bank, responsible for monetary policy and bank supervision. Six banks are in the country; the largest and oldest is Banco Internacional de São Tomé e Príncipe, which is a subsidiary of Portugal's government-owned Caixa Geral de Depósitos. It had a monopoly on commercial banking until a change in the banking law in 2003 led to the entry of several other banks.
In 2018 exports from São Tomé and Príncipe totaled 24 million euros. An increase of 118% in 5 years as in 2013 exports from São Tomé and Príncipe totaled only 11 million euros. Half of São Tomé and Príncipe's exports are cocoa beans. One fifth of exports are electrical machines. Other considerable exports are parts of airplanes, cars, iron, plastics, agricultural products (pepper, oils, nuts and beef).
The main destinations for exports from São Tomé and Príncipe are Europe, where the Netherlands (19%), Portugal (14%), Poland (13%), France (7%) and Germany (6%) stand out. Others important buyers are Singapore, Japan, Brazil and the United States.
In the last 10 years, the countries in which the value of exports increased the most were Portugal, Poland, Brazil and the Netherlands. There was a sharp decrease in exports from São Tomé and Príncipe to Angola, Mexico and India.
In 2018, imports from São Tomé and Príncipe totaled 161 million euros. Since 2013, imports have been decreasing, albeit at a slow pace, since in 2013 imports totaled 167 million euros. A fifth of imports from São Tomé and Príncipe corresponded to refined oil (mainly from Angola). Other important imports, in order of importance, were cars, rice, cereals, wine, electronic equipment, chemicals, clothing, meat, medical equipment and wood.
About 51%, more than half of the imports from São Tomé and Príncipe come from Portugal. A fifth of imports come from Angola, about 6% come from China, 4% from the USA, 4% from Brazil, 2% from Gabon and 2% from France.
From Portugal, what São Tomé and Príncipe matters most are machines, mainly electric generators and computers, a lot of food, mainly wine, wheat, rice, milk and soy oil. In addition, São Tomé and Príncipe also imports in considerable quantities from Portugal, cars, soap and iron. Portugal mainly buys scrap material, copper, cocoa and clothing.
The total population is estimated at 201,800 in May 2018 by the government agency. About 193,380 people live on São Tomé and 8,420 on Príncipe. Natural increase is about 4,000 people per year.
Nearly all are descended from people from different countries taken to the islands by the Portuguese from 1470 onwards. In the 1970s, two significant population movements occurred — the exodus of most of the 4,000 Portuguese residents and the influx of several hundred São Tomé refugees from Angola.
Distinct ethnic groups on São Tomé and Príncipe include:
Portuguese is the official and the de facto national language of São Tomé and Príncipe, with about 98.4% speaking it, a significant share as their native language, and it has been spoken in the islands since the end of the 15th century. Restructured variants of Portuguese or Portuguese creoles are also spoken: Forro, a creole language (36.2%), Cape Verdean Creole (8.5%), Angolar (6.6%), and Principense (1%). French (6.8%) and English (4.9%) are foreign languages taught in schools.
The majority of residents belongs to the local branch of the Roman Catholic Church, which in turn retains close ties with the church in Portugal. Sizeable Protestant minorities of Seventh-day Adventists and other Evangelical Protestants exist, as well as a small but growing Muslim population.
The educational system has a shortage of classrooms, insufficiently trained and underpaid teachers, inadequate textbooks and materials, high rates of repetition, poor educational planning and management, and a lack of community involvement in school management. Domestic financing of the school system is lacking, leaving the system highly dependent on foreign financing.
São Toméans are known for ússua and socopé rhythms, while Príncipe is home to the dêxa beat. Portuguese ballroom may have played an integral part in the development of these rhythms and their associated dances.
Tchiloli is a musical dance performance that tells a dramatic story. The danço-Congo is similarly a combination of music, dance, and theatre.
Staple foods include fish, seafood, beans, maize, and cooked banana. Tropical fruits, such as pineapple, avocado, and bananas, are significant components of the cuisine. The use of hot spices is prominent in São Tomése cuisine. Coffee is used in various dishes as a spice or seasoning. Breakfast dishes are often reheated leftovers from the previous evening's meal, and omelettes are popular.
Football (soccer) is the most famous sport in São Tomé and Principe, the São Tomé and Príncipe national football team is the national association football team of São Tomé and Príncipe and is controlled by the São Toméan Football Federation. It is a member of the Confederation of African Football (CAF) and FIFA.
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