Press release
President Carlos Vila Nova endorses the Sao Tome Financial Centre, backing new economic free zone for the island nation
President Vila Nova discusses the Sao Tome Financial Centre with the Aequatoris delegation
Image: https://www.abnewswire.com/upload/2026/04/79ff24623395e3cef01720c260d389b1.jpg
The Prime Minister and his government have received the delegation and expressed their full support for the project. The STFC will attract international services businesses, professional firms, corporate and regional headquarters, as well as fund managers, fintech companies, and insurers to Sao Tome and Principe, with a 5% corporate tax rate and a direct revenue share to the State.
The centre is expected to create hundreds of jobs for Santo means and will include a dedicated training centre teaching English, administration, compliance, accounting, and corporate services. Aequatoris expects the STFC to double the country's rate of GDP growth within years of becoming operational.
Image: https://www.abnewswire.com/upload/2026/04/77cb98e1478afb200a098c6c1f5cda22.jpg
"We are building something that works for Santo means first. Hundreds of real jobs, a training centre so people here can build real careers, and a rate of growth this country has never seen. That is what the STFC is about." - Sam Kovacs, Vice-President Finance, Aequatoris
For more information: www.saotomefinancialcentre.com
About Aequatoris
Aequatoris is a development and investment platform purpose-built to originate, structure, and operate sovereign-scale development companies in frontier and emerging economies
Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.
Media Contact
Company Name: Aequatoris
Contact Person: Sam Kovacs
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=president-carlos-vila-nova-endorses-the-sao-tome-financial-centre-backing-new-economic-free-zone-for-the-island-nation]
Country: United Arab Emirates
Website: https://www.aequatoris.com/
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