AGP Executive Report
Last update: 8 hours agoOil & Gas: Petrobras has submitted an expression of interest and begun negotiations to explore four offshore blocks in Ghana’s Keta Basin, with the company also flagging São Tomé and Príncipe as part of its wider Africa push. Diplomacy: Venezuela and São Tomé and Príncipe marked 20 years of diplomatic relations, reviewing cooperation in education, agriculture, gender, culture and other South-South projects. World Bank: The World Bank named Juan Carlos Alvarez as country manager for Trinidad and Tobago, with prior experience leading World Bank work in Angola and São Tomé and Príncipe. Security & Shipping: The US Coast Guard kept 22 countries on its port security advisory list, including São Tomé and Príncipe, saying ports there are not maintaining effective anti-terrorism measures. Civic Space: A new CIVICUS-focused analysis says São Tomé and Príncipe is one of only two Sub-Saharan countries rated “open,” while most others are blocked, repressed or closed. Economy & Cost of Living: A currency roundup puts São Tomé and Príncipe’s dobra among Africa’s weakest, with more than 22,000 units needed for one US dollar. Citizenship by Investment: A report highlights São Tomé and Príncipe’s $90,000 “golden passport” route to citizenship, including eligibility rules and processing timelines.
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