AGP Executive Report
Last update: 7 hours agoDigital Finance: Seychelles-based crypto exchange KuCoin will stop serving customers in Russia and Belarus, citing legal and regulatory requirements, and says affected users can withdraw their funds. Banking: Rana Adrienne has been appointed managing director of the Development Bank of Seychelles, after serving as acting chief since April. Monetary Policy: New Central Bank Governor Sarah Lloyd takes office on 1 November, with priorities including financial-sector development and price stability. Investment Climate: Seychelles retained its place among Africa’s top three investment destinations in RMB’s latest ranking, alongside Mauritius and Egypt; Morocco moved ahead of South Africa into fourth. Trade and Diplomacy: At the Russia-Africa summit in Moscow, Foreign Minister Barry Faure held talks on cooperation, while President Vladimir Putin voiced support for Seychelles’ plan to open an embassy in Moscow. Tourism: Registration is open for the 2027 Seychelles Nature Trail on Mahé, part of efforts to draw visitors beyond beach holidays and create opportunities for local businesses.
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