AGP Executive Report
Last update: 10 hours agoIMF & LDC Transition: The IMF says the experience of recent least-developed country graduates—including São Tomé and Príncipe (graduated in 2024)—doesn’t show that graduation alone makes growth faster or slower, with average real GDP growth staying around 2.9% before and after, while outcomes still hinge on factors like oil cycles, tourism, disasters, and the pandemic. Biodiversity & Sustainable Livelihoods: São Tomé and Príncipe is highlighting a new conservation model that treats nature protection as part of everyday economic life, shifting communities away from extractive activities like illegal timber, charcoal, and turtle or shark poaching toward lower-impact micro-enterprises tied to sustainable harvesting and local products. Construction Equipment Distribution: Hitachi Construction Machinery Europe is reshaping its dealer network across West and Central Africa, with Movicortes expanding to include São Tomé and Príncipe and MDA taking on a wider territory across multiple countries, aiming to keep sales and aftermarket support steady through the transition. Health Supply Chain Cooperation: Libya has joined the Africa CDC’s African Pooled Procurement Mechanism, adding São Tomé and Príncipe to a growing group using pooled purchasing to improve access and affordability of essential medicines and support local manufacturing. Currency Watch: A September 2026 ranking places the São Tomé and Príncipe dobra among the currencies needing the most local units per US dollar, pointing to ongoing pressure on import costs and consumer prices.
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