A new fishing facility, partly financed by the European Union to support the fishing community in the eastern Mahe districts of Cascade and Pointe Larue to sell their products, was officially opened on Wednesday. The fishing facility located at Cascade near the St. Andre church, the patron saint of fishermen, was opened by the EU [...]
Seychelles' economy continues to record a strong recovery in 2022 and debt vulnerability has been substantially reduced as tourism activity rebounds, the International Monetary Fund (IMF) Mission Chief for the island nation stated on Wednesday. Calixte Ahokpossi made the statement during a press conference following a two-week mission in Seychelles for the third review of Seychelles' [...]
Captain Ibrahim Traore was appointed as president of Burkina Faso on Wednesday, according to an official statement, after the West African country's second coup in less than nine months. The impoverished Sahel nation plunged into renewed turmoil at the weekend when Lieutenant-Colonel Paul-Henri Sandaogo Damiba -- who had seized power in January -- was toppled [...]
Ethiopia's government said Wednesday it has accepted an African Union invitation to hold peace talks with Tigrayan rebels after almost two years of brutal war in the north of the country. Prime Minister Abiy Ahmed's national security adviser Redwan Hussein said on Twitter that the government had "accepted this invitation which is in line with [...]
The Monaco Explorations expedition in the western Indian Ocean on board the South African oceanographic and supply ship S.A. Agulhas II left Cape Town on Monday and is expected to reach Seychelles' Aldabra atoll on October 19. Initiated by Prince Albert I of Monaco over a century ago and spearheaded now by his great-great-grandson Prince Albert II [...]
Seychelles and the European Union (EU) have agreed to enhance cooperation in maritime security, sustainable Blue Economy, trade and investment as well as the environment and climate change at the 9th Political Dialogue on Tuesday. In a joint press statement, Seychelles and the EU expressed their satisfaction for the achievements of the strategic partnership at the end [...]
Britain's Prime Minister Liz Truss is set Wednesday to close her party's tumultuous annual conference with an unabashed defence of "disruption" to counter economic "drift and delay". Just a month since she succeeded Boris Johnson, Truss has alienated voters, financial markets and many in the Conservative party with a crash programme of debt-fuelled tax cuts [...]
North Korea fired a ballistic missile over Japan for the first time in five years Tuesday, prompting Tokyo to activate its missile alert system and issue a rare warning for people to take shelter. The latest launch -- which the United States branded "reckless and dangerous" -- comes in a record year of sanctions-busting weapons [...]
The 9th Seychelles-European Union (EU) Political Dialogue held on Tuesday, saw the tabling of pertinent topics covering a wide range of political, environmental and socioeconomic issues. Allowing for an extensive dialogue reaffirming mutual interests and values between Seychelles and the EU, the political dialogue also promotes sustainable development and climate action, encourages development cooperation and strengthens [...]
With Seychelles relying heavily on imports, the elevated global commodity prices with tighter monetary conditions and uncertainty in Europe, expect to lead to imported inflation in the island nation, a top government official said on Monday. Notwithstanding inflationary risks, the Central Bank of Seychelles (CBS) has decided to maintain its Monetary Policy Rate at 2 percent [...]
