Business in São Tomé and Príncipe

Business in São Tomé and Príncipe refers to the various commercial activities, investments, and economic operations conducted in the country of São Tomé and Príncipe, an island nation located in the Gulf of Guinea, off the western coast of Central Africa. The economy of São Tomé and Príncipe is primarily based on agriculture, with cocoa being a significant export product, alongside other crops like coffee and palm oil. In recent years, there has been an emphasis on diversifying the economy through tourism, fishing, and potential oil exploration.

The business environment in São Tomé and Príncipe can be influenced by factors such as the country’s political stability, regulatory framework, infrastructure, and access to international markets. Entrepreneurs and investors often engage with local businesses, government entities, and international partners to navigate the economic landscape. Challenges may include limited access to capital, bureaucratic processes, and infrastructure deficits.

Overall, business in São Tomé and Príncipe encapsulates the opportunities and challenges present in operating within this developing economy, focusing on sustainable practices and growth potential in various sectors.