Sao Tome and Principe - Market Challenges STP - Market Challenges
STP is one of the poorest countries in the world. Roughly half of STP’s population lives in poverty.
Aside from donor funding, the economy remains primarily dependent on agriculture, with a small but growing contribution from tourism.
Attempts to diversify the economy are achieving minimal success. A lack of basic infrastructure (roads, electricity, and water) hampers investment.
STP suffers from isolation from potential markets, limited institutional capacity, and a limited resource base, both human and natural.
STP has a small internal market and limited access to foreign capital.