AGP Executive Report
Last update: 4 hours agoGrowth Outlook: The IMF’s October forecast places Seychelles among just five sub-Saharan economies expected to grow more slowly in 2026 than Lesotho, forecast at 1.1% — a warning sign for the island’s near-term economy. Business Climate: Seychelles ranks 35th globally for economic freedom, second in Africa behind Mauritius, according to the Fraser Institute’s 2026 report. The country also recorded 100% electricity access in a regional ranking. Blue Economy: Seychelles reaffirmed its commitment to regional ocean governance at the Nairobi Convention’s COP12, keeping cooperation on shared marine resources in focus. Marine Tourism: Cape Town is investing in new superyacht berths and luxury facilities as Southern Africa competes for high-spending visitors; a two-week visit by a $50 million yacht is estimated to generate $105,000–$330,000 in local spending.
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