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Category Archives: Seychelles News
Le Meridien Fisherman’s Cove, Seychelles (www.LeMeridienFishermansCove.com), launched “Unlock the Sea”, a unique programme to help the creative and curious minded traveler experience and explore the island and ignite their inspiration with an incredible underwater encounter. Created in partnership with The Marine Conservation Society Seychelles, this interactive program helps guests discover a treasure trove of marine life around the island through a curated snorkeling experience and learn and educate themselves on the importance of marine conservation. Guests can also witness an underwater art gallery or post a postcard to friends or family from under water!
The Governor of the Bank of Botswana, Ms. Linah Mohohlo, and the Deputy Managing Director of the International Monetary Fund, Mr. Min Zhu, hosted today in Gaborone, Botswana, a regional conference entitled “Small Middle-Income Countries in Sub-Saharan Africa—Raising the Bar” . Delegates included senior officials from a number of countries representatives of the private sector, academia, the Executive Board of the IMF and IMF staff. At the end of the conference, the following statement was issued:
The Minister of Foreign Affairs and Transport of the Republic of Seychelles, Mr. Joël Morgan, and the Ambassador of the United States of America to the Republic of Seychelles, H.E. Shari Villarosa have signed the Air Transport Agreement between the Government of the Republic of Seychelles and the Government of the United States of America, held this date, at the Ministry of Foreign Affairs and Transport.
La sécurité alimentaire s’aggrave dans les zones victimes de troubles civils et de conditions météorologiques défavorables
VICTORIA, Seychelles, November 30, 2015/APO (African Press Organization)/ –Speaking at a side event of the Commonwealth Head’s of Government meeting in Malta, the Prince of Wales addressed the Commonwealth Business Forum to propose an initiative which would guarantee credit facilities for ‘green’ projects for member states to implement with readily available finance mechanisms. During his address Prince Charles had congratulated the Government of Seychelles and in particular President James Michel for the farsighted initiative of the creating and implementation of ‘Blue Bonds aimed at boosting the fisheries sector. Prince Charles enforced the idea as vindication of the fact that economic growth and environmental resilience complement each other and should be viewed in the same context.
As part of the Blue Economy concept spearheaded by President James Michel, ‘blue bonds effectively raise capital for the sustainable management of both ocean resources and fisheries using market mechanisms with the support of development institutions. Such a project can ensure greater financial flows to benefit the fisheries sector of Small island Developing States such as Seychelles which rely heavily on this source of income.
Telecommunications Providers in East Africa Diversify Services to Sustain Revenue Growth, Finds Frost & Sullivan
Integration with banking, insurance and eCommerce industries allows operators to fully tap into the market’s potential
Seychelles’ climate change and SIDS ambassador Ronny Jumeau testified on Thursday at a forum on climate change at the United States Congress in the US capital, Washington DC.
“According to specific criteria set by the World Bank, Seychelles recently graduated to high income country status. This important leap, recognizes the commendable transformation that Seychelles has made under the leadership of the Government of President James Michel, despite the challenges and specificities of being a SIDS country. By making this statement we do not intend to brag, but to draw attention to a very important and significant apprehension. Economic stability leads to greater buying power which inevitably leads to a list of other factors exemplified by a surge in the number of vehicles in the country, increase in the abuse of drugs and alcohol, and a substantial growth in the ownership of notable devices inclusive of cell phones. These, and more, are reasons why roads are increasingly becoming unsafe.”
The African Union Commission engages the Private Sector on the Continental Free Trade Area (CFTA) negotiations processes
The African Union Commission (AUC) engaged the Private Sector on the Continental Free Trade Area (CFTA) negotiations processes during a three-day Conference of the African Private Sector that ended today in Victoria, Seychelles. The conference was organized by the AUC in partnership with the Pan African Chamber of Commerce (PACCI) and the Seychelles Chamber of Commerce and Industry. The objectives of this conference included enabling private sector participants to dialogue with the Commission and sharing knowledge and experience about the CFTA.
Seychelles was represented at the Meeting of Foreign Ministers ahead of the India-Africa Summit on 27th October by Ambassador Barry Faure, Secretary of State for Foreign Affairs, standing in for Foreign Minister Joël Morgan. Ambassador Faure, delivering Seychelles’ statement at the meeting which was highly attended, said: “This Third India-Africa Summit is an opportunity for us to jointly assess achievements, scrutinize problematic areas and map out new avenues in which to build the India-Africa Partnership and the implementation of the newly-revised Africa-India Framework of Cooperation. This new framework of cooperation is timely in that it has allowed us the opportunity to refocus our collaborative efforts on key areas of our African development aspirations, articulated through the Agenda 2063, to areas where India enjoys a unique position of expertise and comparative advantage.”
Seychelles – IMF: Reflecting strong tourist arrivals and expanding credit to the private sector, economic growth for 2015 has been revised up from 3.5 to 4.3 percent
An International Monetary Fund (IMF) staff mission led by Mr. Wendell Samuel visited Victoria from October 15-28, 2015 to conduct discussions on the third review under the Extended Fund Facility (EFF) Arrangement with Seychelles.
The IMF’s Africa Regional Technical Assistance Center South (AFRITAC South), in collaboration with the Africa Training Institute, held a seminar on “Strengthening Fiscal Frameworks and Public Financial Management Systems for Managing Natural Resource Wealth” on September 21–25, 2015 in Mauritius.
The Mediterranean sea has become a graveyard for Africa’s youth. Every day, we see images of what would appear to be a continent racked by conflict and poverty, and people risking – often losing – their lives in an attempt to flee . Yet Africa has 11 of the 20 fastest growing economies in the world. Africa has enormous resources, and almost half of the world’s uncultivated land that is suitable for growing food crops. So why are so many people desperate to leave behind a land of such opportunity?
On June 17, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Seychelles.
The core of informational technology usage conception in public administration is all about Joint Information Center and public communication supervision and an interaction logging that is held by information management system. The system includes automated online rating of particular public servants and managers and whole state agency. All citizens’ unfilled requests escalate to the superior level of public administration until dispute would be settled. This conception enables marketing of public communication on the state level.
IMF Mission Commends Seychelles’ Macroeconomic Performance, Encourages Reforms to Safeguard Progress
An International Monetary Fund (IMF) staff mission led by Marshall Mills visited Victoria from March 11-26, 2015 to conduct the 2015 Article IV consultation discussions and assess performance under the second review of the Extended Fund Facility (EFF) Arrangement with Seychelles.1