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São Tomé and Príncipe (Vol 9, 2012)

in Africa Yearbook Online
Author:
Gerhard Seibert
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(2,654 words)

At the end of the year, the country was hit by another political crisis. Prime Minister Trovoada (‘Acção Democrática Independente’ – ADI) was dismissed after a motion of censure in parliament and the lawyer Gabriel Costa assumed the office of prime minister of a coalition government constituted by the ‘Movimento de Libertação de São Tomé e Príncipe/Partido Social Democrata (MLSTP/PSD), ‘Partido de Convergência Democrática’ (PCD) and ‘Movimento Democrático Força da Mudança’ (MDFM). Both the president and the prime minister strengthened diplomatic ties by making numerous trips abroad in order to attract investments. The withdrawal of the Chinese Sinopec and other investors from the Joint Development Zone (JDZ) with Nigeria marked another setback for the archipelago’s oil hopes.

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Africa Yearbook Online

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