AGP Executive Report
Last update: 7 hours agoCurrency Pressure: Seychelles was among seven of 22 African countries whose currencies fell by more than 5% at their weakest point in the second quarter, the World Bank reported. Much of the pressure had eased by the end of August. Pay Rankings: Seychelles placed third in Africa for estimated average monthly take-home pay, at $790, behind Djibouti and South Africa, according to LiveGDP figures. Digital Economy: President Patrick Herminie called for digital transformation to widen access to technology and economic opportunities at a New York forum focused on investment, governance and Africa’s digital economy. Blue Economy: A debt-swap deal restructured $21.6 million in Seychelles’ foreign debt to fund ocean conservation, helping expand protected waters to 30% of the country’s marine zone by 2020. Fishing and tourism support more than a third of the workforce.
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