São Tomé and Príncipe: A Potential Transit Country for Illicit Activities

São Tomé and Príncipe, a small island nation in the Gulf of Guinea, has raised concerns among experts due to its potential vulnerability as a transit country for various illicit activities. The country’s strategic location and geographic characteristics make it an attractive route for criminals seeking to transport goods and people across borders.

Drug Trafficking: A Growing Concern

Drug trafficking is becoming a growing concern in São Tomé and Príncipe.
The use of drugs is often linked to tourism and cultural events.
There is no indication that local communities are heavily involved in drug consumption.
However, the country’s lack of a strong regulatory framework and law enforcement capacity makes it an attractive route for criminal organizations.

Cyber Crimes: A Growing Threat

Cyber crimes are also on the rise in São Tomé and Príncipe.
The report highlights that there is a lack of regulation and law enforcement capacity to counter these types of crimes, making the country vulnerable to attacks from criminals.

Financial Crimes: A Pervasive Problem

Financial crimes, including money laundering and terrorist financing, are pervasive in São Tomé and Príncipe.
The country’s Anti-Money Laundering and Countering the Financing of Terrorism protocol does not currently meet global standards.
Its regulatory and supervisory processes lack the capacity to respond to these risks.

Economic Challenges

São Tomé and Príncipe faces significant economic challenges, including a fragile economy that is highly vulnerable to external shocks.
The country’s economy is experiencing a slowdown due to factors such as inflation, fuel prices, and climate change.

There are some government initiatives to support victims of organized crime, but there are no established assistance programs in place.
The country lacks an explicit organized crime prevention policy, and the non-governmental sector is small and underfunded.

Conclusion

In conclusion, São Tomé and Príncipe faces significant challenges related to illicit activities, including drug trafficking, cyber crimes, and financial crimes. The country’s lack of a strong regulatory framework and law enforcement capacity makes it vulnerable to these types of crimes. Additionally, the country’s fragile economy and limited civil society sector exacerbate these challenges. It is essential that the government and international community work together to address these issues and support the development of a more secure and stable São Tomé and Príncipe.