São Tomé and Príncipe: A Potential Transit Hub for Transnational Crime

São Tomé and Príncipe has been identified as a potential transit country for transnational organized crime due to its strategic location, geographic characteristics, lack of effective law enforcement, and regulatory framework.

Cyber Crimes on the Rise

Sporadic reports of cyber-dependent crimes targeting private institutions such as banks and government authorities have been reported.
The country lacks a regulatory framework and law enforcement capacity to counter these crimes, making it vulnerable to attacks.

Financial Crimes a Concern

Despite a lack of reporting on financial crimes, experts believe that corruption and embezzlement of public funds by government officials are likely more prevalent than reported.
Tax evasion and avoidance also remain a significant concern, with estimated losses of $120,000 per year.

Corruption and Criminal Activity

Corruption within the state, particularly in the judiciary, is a major issue exacerbating São Tomé and Príncipe’s vulnerabilities to criminal activity.
The country has been affected by maritime crime, including piracy, due to its proximity to the Niger Delta.
The government has relied heavily on foreign assistance to combat these threats.

Economic and Financial Environment

São Tomé and Príncipe is a lower-middle- income country with a fragile economy highly vulnerable to external shocks.
The country’s economic slowdown has led to increasing inflation, high unemployment, and low wages, making it an attractive environment for criminal activity.

While some government initiatives aim to support victims of organized crime exist, there are no established assistance programs in place.
NGOs operate freely but face funding constraints, limiting their effectiveness.
Freedom of the press is guaranteed, although self- censorship is common due to limited media capacity and government influence.

Conclusion

São Tomé and Príncipe’s unique combination of geographical location and economic fragility makes it a potential transit hub for transnational organized crime. To combat these threats, the country must prioritize strengthening its regulatory framework, law enforcement capacity, and anti-corruption efforts.