A: Sao Tome and Principe lies on the geographical coordinates of 1° 0' 0" N, 7° 0' 0" E.

Latitude and Longitude of Sao Tome and Principe in other units:

More detail about Sao Tome and Principe

Sao Tome and Principe Could Grow Through Oil

Sao Tome and Principe are two islands in the Gulf of Guinea. These islands are in western Africa near Gabon and have been independent from Portugal since 1975. However, the economy of Sao Tome and Principe has not been too strong over the years. The coup attempts on the area over the years have only made things slightly worse.

However, there has been a recent discovery of oil in the Gulf of Guinea. This discovery has become a substantial boon for Sao Tome and Principe. This is because of the sudden increase in value of Sao Tome and Principe to other countries.

A good series of licenses for oil exploration and production have been given out by Sao Tome and Principe. In fact, the islands share control with Nigeria over the waters around the Gulf of Guinea. It is estimated that Sao Tome and Principe could earn millions of dobras each year. The values are not set in stone but they are expected to be high.

This news for Sao Tome and Principe has come at a great time. Sao Tome and Principe had been dependent on cocoa for its economy. However, there have been concerns over where people are going for cocoa over the years. There are also worries about the drought conditions that Sao Tome and Principe have suffered from. The droughts in Sao Tome and Principe have impacted the growth of cocoa over the years.

The increase in money as a result of oil production in Sao Tome and Principe should help to improve the state of affairs in the area. Most people in Sao Tome and Principe are below the poverty line. The support from the potential oil production in the country could easily help to improve conditions around the area to where they will be easier to handle.