The currency in Sao Tome & Principe is the Sao Tome and Principe Dobra (STN). The currency symbol is Db.
Population
As of April 2023, the estimated population of Sao Tome & Principe is approximately 231 thousand people.
Capital City
Sao Tome
Overview
Sao Tome and Principe, located in Central Africa on the Equator in the Gulf of Guinea, is an island country consisting of two main islands, Sao Tome and Principe, along with several smaller rocky islets. Discovered by Portuguese navigators in the late 15th century, Sao Tome and Principe were initially uninhabited and served as a hub for the cultivation of sugar using enslaved Africans. However, the decline of the sugar industry, coupled with social instability and foreign pirate raids, led to a shift in economic focus. The introduction of coffee and cocoa cultivation in the 19th century revitalized the islands, with cocoa becoming the main cash crop. Sao Tome and Principe experienced a period of significant economic growth, becoming one of the world’s largest cocoa producers. The islands faced challenges with the abolition of slavery and the treatment of contract workers, but efforts to improve living conditions eventually prevailed. Today, Sao Tome and Principe embrace a multiparty republic system with a single legislative house and are led by a President and Prime Minister. With its stunning landscapes, diverse microclimates, and rich history, Sao Tome and Principe continue to captivate the world as a hidden gem in Central Africa.