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About São Tomé and Príncipe

Page Last Updated: 24/05/2024

Sao Tome and Principe, situated in the Gulf of Guinea off the coast of Central Africa, is a nation rich in potential business ventures across various sectors. Africa HR Solutions has supported numerous companies in their expansion within the country, preventing compliance issues before they arise and enhancing their overall effectiveness. Do not compromise on compliance and partner up with a São Tomé and Príncipe expert today.

Population: 0.24 M
Gross Domestic Product (GDP): $0.75 B
GDP Growth: 2.9%
Inflation: 14.2%
Foreign Direct Investment (% of GDP): 23.4%
Unemployment Rate: 14.35%
Capital: São Tomé
Currency: São Tomé and Príncipe dobra (STD)
Languages: Portuguese

Sao Tome & Principe Payroll at a Glance


São Tomé and Príncipe dobra (STD)

Income Tax

0% – 25%

Employer Taxes


Employee Contribution


Fiscal Year

1 January – 31 December

Date Format


  • São Tomé and Príncipe has a rich cultural heritage, influenced by African, Portuguese, and Afro-Brazilian traditions.
  • The economy of São Tomé and Príncipe is largely dependent on agriculture, with cocoa being the primary export crop.
  • The country gained independence from Portugal on July 12, 1975.
  • São Tomé and Príncipe is known for its lush rainforests, volcanic landscapes, and pristine beaches, making it a popular destination for ecotourism.
  • São Tomé and Príncipe is a member of the Economic Community of Central African States (ECCAS) and the Community of Portuguese Language Countries (CPLP).
  • New Year’s Day
  • Martyrs’ Day
  • Good Friday
  • Labour Day
  • Independence Day
  • Armed Forces Day
  • Agricultural Reform Day
  • Sao Tome Day
  • Christmas
HR Outsourcing

Employment in Sao Tome & Principe

Employment contracts are prepared in either oral or written formats in Sao Tame, though many employees would choose a written agreement that defines all information about their wage, compensation, leaves, and termination information. At Africa HR Solutions, our in-country experts can assist and advise you on employment procedures, and help you manage a competitive benefits scheme for your team in Sao Tome and Principe.

How can we help you?

Simplify your Expansion in São Tomé and Príncipe Today




Grant Geraghty is the longest-serving member of the Africa HR team. This resident subject matter expert and client champion is responsible for gaining a deep understanding of our clients’ unique HR needs in Africa and providing tailored solutions that align with their business objectives. Grant collaborates closely with our clients to ensure that their requirements are properly implemented, providing ongoing support and guidance throughout the process.

Grant brings a wealth of experience to his role, having served as Africa HR’s longest-serving employee. He holds a Bachelor of Commerce degree, with a major in Economics and Business Finance, from the University of Natal in South Africa. Additionally, he has completed a certification program in Payroll and Tax Administration from the University of Cape Town, further enhancing his expertise in HR operations and compliance.

His commitment to delivering exceptional service and his extensive knowledge of HR in Africa make him an invaluable member of the Africa HR team.




Kevina Takoordyal has a BA Hons Business Management from the University of Glamorgan, UK, with MBA in leadership and Innovation, MBA General, PMP Certified, and Agile Scrum Master. She currently works as the Head of Operations at Africa HR Solutions Ltd with more than 20 years of proven leadership capabilities in Operations, Business Development, People Management, Process Optimization, and Project Management in the Financial Services, BPO, Banking Industry, and Heath Care Industry. In Senior leadership roles with an international footprint across Europe working and extensive Pan- African experience from a compliance, finance, and operations angle, Kevina comes across with a panoply of cross-functional skills. Kevina also serves on a few Boards, Non-Independent Executive at MioD and for NGOs on a voluntary basis, a coach and mentor to aspiring female leaders across Africa and Mauritius.

Kevina is a firm believer in Servant Leadership with a strong focus and commitment to uplifting others, with the ability to deliver through a highly engaged – diverse team, and works towards consistently synergistic value creation. While being a focused and adaptive thinker and Kevina is actively participating in panel discussions on Innovation, CX, Digital transformation.

Kevina serves as Project Assessor for the National Youth upskilling program. She has been recognized as Global Talent in a few companies, Ceridian, and International SOS Ltd whereby she has been awarded a few scholarships and had the opportunity to be mentored by Senior Vice President in the US. Award Winner in various fields and at a national level and recognized including Super Achiever Leader Award in Africa in 2016, Awarded Africa Women Leader 2018.



Head of Finance & Business Support

Viloshna is an experienced finance professional with 18 years of expertise in strategic financial planning, financial analysis, cash flow management, systems and controls implementation, financial reporting, and continuous process improvements. She currently serves as Head of Finance & Business Support, where she has successfully automated and leveraged the financial reporting system capabilities to ensure efficient company operations.

Viloshna’s background includes senior roles in a multinational pharmaceutical company and a large listed Mauritian conglomerate. Her meticulous attention to detail and strategic thinking have streamlined financial processes, making her a valuable addition to any finance team. Viloshna is a qualified finance professional with an FCCA qualification and an MBA, bringing valuable expertise to any organization.

In her current role, Viloshna leads the company’s Treasury and Payments function, including the fulfillment of the company’s cross-border payments into Africa. With her strong educational background and extensive experience, Viloshna consistently demonstrates her ability to optimize financial operations, minimize risks, and improve profitability. Her expertise in financial reporting and process improvements make her a valuable asset to any organization.



Head of Legal & Compliance

A qualified lawyer who joined Africa HR Solutions in July 2020, Mark Du Preez has experience working in private practice for a reputable law firm in South Africa. He also played commercially focused roles at a leading private bank, wealth management company, and outsourcing firm in South Africa and Mauritius.

Mark has played a pivotal role in Africa HR Solution’s risk mitigation strategy, which positively impacted P&L performance over the years.

He currently leads the Partnerships function of the company including relationships and oversight with in-country partners (ICPs) across Africa.

Alex Daruty - Africa HR Team


Head of Commercial

Alex has more than 15 years of experience in the global, strategic development of both enterprise and consumer brands in categories including technology, transport, enterprise software, entertainment, and travel.

With experience in roles on both agency and corporate side, he has worked across international brands and has led the development and execution of multi-discipline campaigns across EMEA, NORAM and Asia Pacific.

His focus is on driving meaningful business impact through brand differentiation and building high-functioning, digitally oriented, and analytically driven capabilities. He is motivated by working with, and developing dynamic people, teams, and organizations.

He leads, manages, develops and mentors the Key Account Management department, including line management responsibility for the team of Key Account Managers and Key Account Administrator who represent the Company as the primary communication link between all relevant stakeholders, including clients, third party in-country partners and internal functions.

Originally from Mauritius, he holds bachelor’s degrees in International Business, Finance and Management from the University of Nevada, Reno.