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VICTORIA, Mahe, March 4, 2011/African Press Organization (APO)The European Investment Bank has agreed to provide a EUR 8 million loan to the Seychelles Cable Systems Company (SCS) for the installation and operation of the first submarine fibre optic cable for international connections to the Seychelles. This will fund a 1,930km cable from the main island of Mahé to the existing Eastern Africa

Seychelles / IMF Completes Second Review and Financing Assurances Review Under the Extended Arrangement for Seychelles and Approves US$2.7 Million DisbursementVICTORIA, Mahé, December 21, 2010/African Press Organization (APO)The Executive Board of the International Monetary Fund (IMF) has completed the second program review and financing assurances review under Seychelles’ program supported by a

ICTORIA, Mahé, December 23, 2010/African Press Organization (APO)On December 20, 2010, the Executive Board of the International Monetary Fund (IMF) concluded the 2010 Article IV consultation with the Seychelles.[1]BackgroundThe economic outlook is favorable. Developments in 2010 confirm a quick progress toward stabilization and have freed up some margins for more expansionary policies. The

VICTORIA, Mahé, August 31, 2010/African Press Organization (APO)The former President of the Republic of Seychelles, Sir James R. Mancham, was elected to the COMESA Committee of Elders for the COMESA Region, following his nomination by the Government of Seychelles. His election took place at the 10th Meeting of the Ministers of Foreign Affairs of the Common Market for Eastern and Southern Africa (

EZULWINI, Swaziland, August 31, 2010/African Press Organization (APO)The fight against Piracy and the stabilization of Somalia was at the heart of the discussions at the 10th Meeting of the Ministers of Foreign Affairs of the Common Market for Eastern and Southern Africa (COMESA), which took place from the 28th to the 29th August 2010 in Ezulwini, Swaziland. The meeting which included Ministers

VICTORIA, Mahé, July 28, 2010/African Press Organization (APO)The State Councilor of the People’s Republic of China H.E Dai Bingguo has praised Seychelles efforts in developing a harmonious society based on equality and social cohesion.In the meeting with President James Michel today, the two leaders mapped out ways in which Seychelles and China can continue to strengthen their already exemplary

VICTORIA, Mahé, 6 juillet 2010/African Press Organization (APO)Communiqué de presse conjoint de l’Ambassade de France aux Seychelles et du Ministère des FinancesL’Ambassadeur de France aux Seychelles, S. Exc. M. Philippe DELACROIX, et le Secrétaire Principal du Ministère des Finances, M. Ahmed AFIF, ont signé aujourd’hui, mardi 6 juillet 2010, un accord bilatéral de restructuration de dette entre

VICTORIA, Mahé, July 1, 2010/African Press Organization (APO)The Executive Board of the International Monetary Fund (IMF) has completed the first review of the Seychelles’ economic performance under the three-year Extended Fund Facility Arrangement (EFF). The completion of the review makes available a disbursement of SDR 2.2 million (about US$3.3 million dollars), bringing total disbursements