AGP Executive Report
Last update: 5 hours agoIndependence Day Politics: São Tomé and Príncipe marked its 51st independence anniversary on July 12 with President Carlos Vila Nova urging national unity and peace ahead of upcoming elections, while stressing that economic and social independence—jobs, justice, youth employment, entrepreneurship and women’s empowerment—remains the big challenge. Oil & Gas Governance: São Tomé and Príncipe reportedly rejected all bids in its latest offshore licensing round for blocks 7, 8 and 9 after only Petrobras and Oranto submitted offers, citing insufficient operator diversity and competition; the regulator says it will focus on already-awarded blocks before reopening acreage. Energy Sector Modernisation: TECMON Energy completed a working visit to São Tomé and Príncipe (June 29–July 2) to advance plans with the Ministry of Infrastructure and Natural Resources to stabilise and modernise the electricity sector, covering generation through metering and revenue protection. Diplomatic Signals: Angola’s João Lourenço and Morocco’s King Mohammed VI sent congratulatory messages to President Vila Nova for Independence Day, reaffirming bilateral ties and cooperation. Sports & Youth Inclusion: The Judo Global of São Tomé and Príncipe held a nationwide Independence Open across both islands, expanding access for young athletes and schools.
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