JOURNAL ARTICLE

Tech Tycoon Pays 'Natural Dividend' to Preserve African Island.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Sguazzin, Antony; Naidoo, Prinesha 3 of 3

Abstract

The article focuses on Mark Shuttleworth's initiative to provide financial stipends to the adult population of Principe, an island in São Tomé and Príncipe, to support biodiversity preservation. Starting next week, approximately 3,000 residents will receive up to 20,000 dobras ($958) annually, contingent upon their commitment to environmental protection. This program, managed by Shuttleworth's nonprofit Faya, is the first of its kind aimed at linking economic support with conservation efforts. The initiative will undergo a three-year pilot phase, costing around €15 million, to assess its sustainability and potential for replication in other regions. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/02, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2026
  • Accession Number:191724859
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