Sao Tome and Principe Business Directory & List of Companies

Capital City and 5 Largest Cities in Sao Tome and Principe

• São Tomé is the capital and largest city of São Tomé and Príncipe. It is located on the island of São Tomé and serves as the political, economic, and cultural center of the country.
• Neves is a town located on the western coast of São Tomé Island. It is one of the largest urban areas on the island and is known for its picturesque coastal landscapes.
• Trindade is a town situated on the northern coast of São Tomé Island. It is known for its scenic beauty and is a popular destination for tourists.
• Guadalupe is a town located on the eastern coast of São Tomé Island. It is known for its fishing communities and coastal attractions.
• Santo António is the largest town on Príncipe Island, which is the smaller of the two main islands in São Tomé and Príncipe. It is known for its natural beauty and is a gateway to exploring the island's unique ecosystems.

Sao Tome and Principe on Map - see more from Google map

Economy of Sao Tome and Principe

1. Agriculture is a fundamental component of São Tomé and Príncipe's economy, employing a significant portion of the population. The country's main agricultural products include cocoa, coffee, palm oil, and tropical fruits. Cocoa production, in particular, is a crucial export.
2. Fishing is another important sector in São Tomé and Príncipe. The country's location in the Gulf of Guinea provides access to rich fishing grounds. Fish exports contribute to both domestic consumption and revenue from exports.
3. Services and Tourism: The services sector, including tourism, is a potential growth area for the country. São Tomé and Príncipe's natural beauty, biodiversity, and historical sites have the potential to attract tourists. Efforts have been made to develop the tourism industry and improve infrastructure.
4. Oil Exploration: São Tomé and Príncipe has explored the possibility of offshore oil production. The country has signed agreements with international oil companies for exploration and drilling. Oil could become a significant revenue source if commercial quantities are discovered.
5. Foreign Aid: São Tomé and Príncipe relies on foreign aid and development assistance to support its budget and development projects. The country has worked with international organizations and donor countries to promote economic stability and growth.
6. Challenges: São Tomé and Príncipe faces challenges such as limited natural resources, vulnerability to external shocks, and a relatively small domestic market. Efforts to diversify the economy and reduce dependence on a few key exports are ongoing.
7. Currency: The currency used in São Tomé and Príncipe is the Dobra (STN).
8. Infrastructure: São Tomé and Príncipe has invested in improving its infrastructure, including roads, ports, and telecommunications, to support economic development.