AGP Executive Report
Last update: 11 hours agoDigital Payments: São Tomé-founded fintech Sao Payment Global has launched in Ghana, its fifth market, making the country its hub for Anglophone West Africa. The company says it is building low-cost infrastructure for cross-border payments. Air Links: Portugal selected Lufthansa to buy up to 49.9% of TAP Air Portugal in a deal valued at about $1.3 billion. TAP serves São Tomé and 13 other African destinations; the transaction still needs regulatory approval, and its impact on routes and fares is unclear. Agriculture: Farmers are reviving niche vanilla production as São Tomé seeks alternatives to ageing cocoa plantations and volatile prices. Growers see the high-value spice as a promising source of income, though production remains small.
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