Business & Industry

Dec 1, 2017


The islands of São Tomé and Príncipe has the best conditions in the world for the production of cocoa. After a long period of weak production, began to appear in Sao Tome and Principe, a little over five years, a number of initiatives with the aim of reviving the cocoa culture in the archipelago.



Until 2020, the country expects to achieve the production of, at least, 10 thousand tons per year.

After the nationalization of the "plantations" (farms) of cocoa, in 1975, the production decreased. Today, these production units have been privatized and are contributing to the development of the country. Currently, the production of the country, which was of 12000 tons per year, is around 3000 tons.

The country was once the world's largest producer of cocoa, says Antonio Dias, director of CECAB, Cooperative of Production and Exportation of Organic Cocoa and former Minister of Agriculture of S. Tomé.

But if the volume is not so great, the quality can compensate. Sao Tome produces a chocolate, recognized internationally as one of the best in the world. One of the responsible is the Italian Claudio Corallo investing in small-scale production of chocolate which takes his name that, since 2002, manufactures and sells luxury chocolate made with cocoa from his plantations and recognized internationally.

Even today cacao is about 90% or more of the total value of exports. According to the economist Adelino Castelo David, former Minister and former Governor of the Central Bank, "the cocoa exported value was always higher than that of services until 1992, when the situation began to reverse itself until the increase of services, which includes travel and tourism, which are growing gradually". Today a large share of employment in the agricultural sector is in cocoa.

There could have been made a "certain negotiation with the economic part of independence", but the plantations were abandoned, "then had to do a take by force", said economist Jorge Coelho, 56 years, former candidate to President of the Republic. "With the nationalization of the economy, all cocoa production was in the hand of the State. But the State tried to manage centrally cacao production and was inefficient", believes.

Cocoa was and may again be the Sao Tome oil, its greatest source of wealth, but over 40 years the production almost died, stresses the artist Kwame de Souza. "We forgot to create a company around the cocoa" and that communities living on agriculture, impoverishing the country so impoverished, relying on foreign aid.

In 2014, cocoa's sale netted $9 million, representing 93.9% of the exports of agricultural products. However, it is still necessary to bet on quality and not on quantity.

Sao Tome represents a "drop in the ocean" for cocoa production (Côte d'Ivoire produces over 1.5 million tons) and, therefore, has to bet on quality. "This is the bet that's being done in order to be the first producer in cocoa's quality; even in international markets there are niches and placing the right bets I'm convinced they can contribute a little bit more for the economy", stresses Adelino Castelo.

"In fact, it's necessary that the government places bets, for instance in quality cocoa, avoiding super production, and investing in the creation of factory facilities which could transform cocoa into chocolate. There is some homework to be done", he resumes.


The Sao Tome Government is mobilizing financial resources for structuring projects, particularly in the areas of port and airport, tourism, services and transport.

"We are a country extremely dependent on international aid, we're trying to reorient projects and seek to increase the volume of aid," explains the Sao Tome Prime Minister, Patrice Trovoada.

Sao Tome's responsible wants some kind of marriage between private investment in public-private partnerships in these areas and the support of the international community in overcoming what considers "weaknesses", in particular the fight against extreme poverty, corruption, justice improvement, public health, and quality of education.

Between the structuring projects, is the extension of the runway and the modernization of the international airport of Sao Tome and the deep-water port.

More Articles


  • 1

    Business & Industry

    Dec 18, 2018


    The ancient, the new and the future

    "Azerbaijan is a country that impresses in many ways and is relatively unknown in Western countries. Starting from the fact that – contrary to what many think – it is not close...

  • 00202943

    Business & Industry

    Jul 1, 2017


    Land of Pablo Neruda, Gabriela Mistral (the first American woman to win a Nobel Prize for Literature, in 1945) and Isabel Allende, the Republic of Chile is committed to capturing international investments, as a way to overcome its...

  • 2-crowdfunding

    Food & Beverage

    Jun 1, 2017

    Beyond Bottles

    The Skipping Rocks Labs, from the United Kingdom, has taken upon itself the mission to eradicate the waste caused by plastic cups and bottles by creating Ooho!, the first of many products that, they assure, will revolutionize everyday...

  • as-lentes-de-um-genio.html

    Culture & Art

    Apr 1, 2017


    Daring, shocking, vibrant, without fear, without the worry of being accepted or rejected, but always with the desire to leave us speechless when face-to-face with his art. Thus is this American, born 11 of March 1963, in Hartford,...

  • comida1

    Food & Beverage

    May 14, 2018


    "In South Asian countries, they have very, very high risk of heart disease and high intakes of trans fats", says specialist

  • AR-170519548

    Business & Industry

    Jul 1, 2017


    And again, and again into the sea. Dubai doesn't stop amazing the world with its luxury hotels and lifestyle. But also with the millionaire investments to make the country grow.

  • 1. Cuba-Fix-Mistakes-of-The-Past

    Business & Industry

    Nov 1, 2017


    The Cuban government is taking upon actions to make the Cuban economy more autonomous, by "fixing mistakes" of the past to attract more foreign capital, especially in the tourism sector.

  • Business & Industry

    Sep 1, 2015

    Feel safe with Promet

    Searching for the right safe is sometimes a difficult task. For over 24 years the goal of Promet has been to answer your questions in an honest and clear way that cuts through all of the hype of other sources.

  • 01

    Business & Industry

    Feb 1, 2017


    With the motto: "Affirming Journalism", the São Jorge Cinema, one of the most prestigious and oldest in Lisbon, Portugal (opened in February 1950), hosted the "4th Congress of the Portuguese Journalists", last January, where the...