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Sao Tome: Court officially declares Carvalho president

Evaristo Carvalho is the new president of Sao Tome and Principe after the the Constitutional Court decalred the final results on Friday.

Carvalho who was the ruling party’s candidate and one time prime minister won the first round of the presidential election with 50.1% of the votes against the incumbent President Manuel Pinto da Costa, who boycotted the second round.

The inauguration of the new president is scheduled for September 3 in Sao Tome.

The small African archipelago of barely 200,000 inhabitants has suffered harsh economic conditions with 90% dependency on international aid. The former Portuguese colony is located in the resource-rich Gulf of Guinea but is yet to discover commercially viable oil that would further boost its economy.