Africa Sao Tome and Principe The World Bank downgraded the country's rating in a report analysing the adequacy of the national policy framework and institutions for the effective implementation of financial aid for development
Africa Sao Tome and Principe The PM said he was concerned about the waterfront redevelopment work in the capital after identifying "many defects" that will require adjustments and additional funding that have not yet been secured
Africa Sao Tome and Principe The archipelago has been officially declared a middle-income country by the United Nations; the fact has been saluted by the Prime Minister as an "important milestone" and a "historic moment"
Africa Sao Tome and Principe The government has decided to increase airport taxes to €220 from December, with exemptions for categories such as children under 2 and transit passengers
Africa Sao Tome and Principe The Environment minister praised Portugal's initiative to swap debt for environmental projects, admitting that the burden of debt has made it difficult to mitigate climate change in the country