AGP Executive Report
Last update: 12 hours agoSeychelles Economic Boost: The African Development Bank has approved a $34m loan for Seychelles’ Economic Resilience and Green Recovery programme, the third phase of support since 2024, targeting stronger governance, a better business environment, and climate resilience through reforms like e-invoicing and e-procurement. Tourism & Connectivity: Seychelles says it’s learning to stay resilient as Middle East aviation disruptions test route access; with around 60% of visitors arriving via Gulf hubs, keeping routes open is now as important as keeping the destination attractive. Digital Finance in the Spotlight: Seychelles-based WOO X launched WOO X EU, built for MiCA-aligned trading with asset safeguarding and a Europe-ready setup. Crypto Risk Management: Bitget, also linked to Seychelles, resumed withdrawals in phases after a $388m hack, with customer withdrawals stabilising after an initial rush. Regional Competition Cooperation: Turkey and African competition authorities met in Istanbul to share policy and strengthen cooperation on competition law. Business Climate & Trade: The EU reported that its trade agreements are improving market access and resilience for European firms, with preferential deals supporting faster growth in agri-food exports. Currency Watch: A new Africa currency ranking puts the Tunisian dinar top and places the Seychellois rupee among the continent’s stronger performers against the US dollar. Travel Policy Signals: Passport Index data shows Seychelles among Africa’s strongest passports, reflecting growing visa-free mobility across the continent.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.