EENI Global Business School

Business in São Tomé and Príncipe. Cocoa


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Syllabus of the Subject

São Tomé and Príncipe, a tourist country, cocoa, Oil sector

  1. Introduction to the Democratic Republic of São Tomé and Príncipe (Central Africa)
  2. Santomean Economy
  3. International Trade of São Tomé
  4. Business Opportunities in São Tomé and Príncipe
  5. Access to the Santomean market
  6. Business Plan for São Tomé and Príncipe

International Trade and Business in São Tomé and Príncipe:
International Trade and Business in São Tomé and Príncipe


The purposes of the subject “Foreign Trade and Business in São Tomé and Príncipe” are the following:

  1. To learn to do business in São Tomé and Príncipe
  2. To identify business opportunities in São Tomé and Príncipe
  3. To know the Santomean Trade Agreements
  4. To analyze the trade relationships of São Tomé and Príncipe with the student's country
  5. To learn how to develop a business plan for São Tomé and Príncipe

Students, Doctorate, Master in International Business, Foreign Trade

The Subject “Foreign Trade and Business in São Tomé and Príncipe” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate in African Business, World Trade.

Doctorate in International Business (DIB) Online

Master in Business in Africa, Transport in Africa, International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB)

Business in Central Africa.

Online Diploma: Business in Central Africa

Languages: Masters, Doctorate, International Business, English or Study Doctorate in International Business in French São Tomé Master Course: Portuguese São Tomé e Príncipe Study Master Doctorate in International Business in Spanish Santo Tome.

Credits of the subject “Doing Business in São Tomé and Príncipe”: 1 ECTS Credits

We Trust in Africa (Affordable Higher Education for Africans)

International Trade and Business in São Tomé and Príncipe

São Tomé and Príncipe: A “tourist country” and a cocoa exporter.

African Economic Integration

Market Access - Free Trade Agreements

Santomean Preferential Access and Trade Agreements:

  1. São Tomé and Príncipe and the Central African Economic Area
  2. Economic Community of Central African States (ECCAS)
  3. African Continental Free-Trade Area
  4. AGOA - U.S.-
  5. Africa-EU Partnership
  6. Portugal-São Tomé and Príncipe Economic Cooperation between
  7. Community of Sahel-Saharan States (CEN-SAD)

African Institutions (AU, AFDB, AUDA-NEPAD, UNECA)

  1. WTO (in process of accession)
  2. WCO
    1. Kyoto Convention

African Organizations:

  1. Economic Commission for Africa
  2. African Union
    1. AU Convention on Preventing and Combating Corruption (not signed)
    2. AUDA-NEPAD
  3. African Development Bank
  4. Africa-Asia Partnership
  5. Africa-India Cooperation
  6. Africa-BRICS
  7. Africa-Turkey Partnership
  8. Africa-Korea Partnership
  9. Africa-Japan Cooperation
  10. Africa-South America Summit
  11. China-Africa Cooperation
  12. Afro-Arab Cooperation
  13. BADEA

Globalization and International Organizations

  1. UN
    1. UNCTAD
    2. ITC
    3. WIPO
  2. WB
  3. WTO
  4. IMF
  5. Community of Portuguese Speaking Countries

  1. São Tomé and Príncipe is an African insular country
  2. Neighboring countries (by sea): Gabon, Cameroon, and Equatorial Guinea
  3. Santomean Population: 212,000 people
  4. Capital of São Tomé and Príncipe: São Tomé (137,500 people)
  5. Literacy rate in São Tomé and Príncipe: 70%
  6. The official language of São Tomé and Príncipe is Portuguese
  7. Santomean Area: 1,000 km²
  8. Government of São Tomé and Príncipe: Republic. Multiparty Democracy
  9. Santomean Climate: tropical
  10. Independence of São Tomé and Príncipe: 1975 (Portugal)

More information about São Tomé and Príncipe (EENI African Business Portal).

Religions in São Tomé and Príncipe.

  1. 80% of Santomean population is Christian (Catholicism)
  2. African Traditional Religions

Christianity and Global Business (Catholicism, Protestantism)

São Tomé and Príncipe belongs to the Central African Economic Area.

Foreign Trade (Importing, Exporting)

Economy of São Tomé and Príncipe:

  1. Tourism and agriculture represent the largest export sectors of São Tomé and Príncipe
  2. The Government has created new incentives for the promotion of the free trade zones
  3. GDP growth in São Tomé and Príncipe: 4% (middle-income country)
    1. 20% agriculture and forestry
    2. 19% industrial sector
    3. 61% services
  4. Inflation of São Tomé and Príncipe: 7.9
  5. Unemployment in São Tomé and Príncipe: 55%
  6. National Currency: Dobras (STD)
  7. Cash Crops in São Tomé and Príncipe: Cocoa, coffee, coconut, and pepper
  8. Top export product of São Tomé and Príncipe: cocoa (95% of the total exports)
  9. Top trading partners of São Tomé and Príncipe: the EU (60% with Portugal) and Angola
  10. Trade with the ECCAS: only 2% of the total trade of São Tomé and Príncipe
  11. Potential sectors: tourism, energy, petrol, construction, finances, telecommunications, health, and education
  12. Political stability
  13. Lack physical infrastructure
  14. Weak judicial system
  15. The industry of São Tomé and Príncipe is limited to the export agricultural product transformation (90% of the export earnings are derived from cocoa monocultures)
  16. Other exports: Copra, palm kernel, and coffee
  17. The State plantations occupy 80% of the crop area of Santo Tomé
  18. São Tomé and Príncipe is a flag of convenience
  19. The entry into force of the Agreement on Economic Cooperation between São Tomé and Príncipe and Portugal is one of the measures announced by the Central Bank of São Tomé

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