Public Management

China to fund the expansion and renovation of Sao Tomé & Principe International airport

China to fund the expansion and renovation of Sao Tomé & Principe International airport
Thursday, 25 April 2019 14:27

China will fund the project for extension and renovation of Sao Tomé &Principe international airport whose cost is evaluated at $31 million. This was announced by Gao Jinbao, economic and commercial counsellor at the Chinese embassy in São Tomé, on April 17, 2019.  

The project includes the extension of the airport’s runway from 2,170 meters to 2,800 meters. In the framework of that project, the parking area will be expanded, the lighting system renovated and the air traffic control management systems, as well as the cargo terminal, upgraded.

The project was presented less than a month after the visit of Sao Tomé & Principe ‘s prime minister in Pekin where he met his Chinese counterpart Li Keqiang.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Togo adopts a 2026 draft budget of CFA2740.5 billion (around $4.8 billion). Spending rises 14.4%, with nearly half allocated to social...
Togo raises $53M via bonds and bills, surpassing 30B XOF target Auction saw 160.86% bid coverage; OATs issued at 6.25% for three years Total...
Africa’s instant payment systems processed 64 billion transactions worth $1.98 trillion in 2024, according to AfricaNenda. The continent counted...
EIB and ZICB to mobilize €30M for Zambian agribusiness SMEs 30% of funds reserved for women-led enterprises; €4M risk-sharing...
Most Read
01

DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...

DRC in Talks with Alibaba, Isoftstone to Develop a Chinese-Style E-Commerce Model
02

The new unified platform replaces the NIBSS Instant Payments system. It connects banks, finte...

Nigeria Launches National Payment Stack, Targets Faster Digital Transactions
03

Germany to provide €49 million ($56.7 million) to support ECOWAS projects. Funds target peac...

ECOWAS secures $56.7mln German support for security and governance
04

Nigeria implemented the National Payment Stack (NPS), a new unified infrastructure, to enhance dig...

Beyond Banks: Nigeria’s National Payment Stack Embraces Fintechs
05

Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...

UAE faces backlash over alleged role in Sudan’s gold and arms trade
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.