Africa Monitor

Africa Monitor Intelligence

Sao Tome and Principe: Reconfiguration in the Energy Sector

Sao Tome and Principe: Reconfiguration in the Energy Sector

Sonangol's repositioning in relation to the Sao Tome market, reducing to 30% the volume of refined fuel supplies - hitherto fully secured and under conditions considered preferential - and the sale of its majority stake in local fuel retailer ENCO (AM 1207 / AM 1213) triggered a reconfiguration in the energy sector assessed by local sources as profound. READ MORE