São Tomé and Príncipe: A Transit Country for Trafficking Due to Its Strategic Location

São Tomé and Príncipe, a small island nation in the Gulf of Guinea, has been identified as a potential transit country for various forms of trafficking. The country’s unique geography and location make it an attractive hub for criminal networks seeking to exploit its weak law enforcement and regulatory frameworks.

Cyber Crimes on the Rise

The recent report highlights the growing threat of cyber-dependent crimes in the country, which has resulted in sporadic reports of hacking and other online attacks targeting private institutions and government authorities. The lack of a comprehensive regulatory framework and law enforcement capacity has made it challenging for authorities to effectively combat these types of crimes.

Financial Crimes Widespread

The report reveals that financial crimes are prevalent in São Tomé and Príncipe, with embezzlement of public funds by government officials being a major concern. Tax evasion and avoidance are also significant issues, resulting in an estimated annual loss of US$120,000 to the country.

Corruption Plagues the Country

Corruption is deeply entrenched in São Tomé and Príncipe’s society, with high levels of mistrust among citizens towards government institutions. The report highlights the need for improvement in combating maritime crime, as well as the lack of necessary equipment and qualified human resources within law enforcement agencies.

Economic and Financial Environment

The country’s fragile economy is highly vulnerable to external shocks, including inflation linked to global events such as the war in Ukraine. High levels of unemployment and low wages have created an environment conducive to organized criminal activity.

Despite some government initiatives, there are no established assistance programs for victims of organized crime in São Tomé and Príncipe. The country’s NGOs face funding challenges, limiting their ability to operate independently and effectively.

Conclusion

The report emphasizes the need for a comprehensive approach to addressing these issues, including:

Strengthening law enforcement capacity
Improving financial regulations
Promoting transparency and accountability within government institutions

A multi-faceted strategy is required to combat organized crime in São Tomé and Príncipe, and ensure the country’s economic stability and development.