The best industries and services news from Seychelles

Provided by AGP

Got News to Share?

AGP Executive Report

Your go-to archive of top headlines, summarized for quick and easy reading.

Note: These AI-generated summaries are based on news headlines, with neutral sources weighted more heavily to reduce bias.

India-Africa Summit Watch: The 4th India-Africa Forum Summit lands in New Delhi on May 28-31, with India pitching “innovation, resilience and inclusive transformation” and highlighting Kenya as a key partner across trade, digital, healthcare, education and maritime security. Aviation Signals: Qatar Airways is ramping up Africa connectivity—resuming Seychelles and Kigali from June 16, adding daily Marrakesh from July 1, and increasing frequencies to major hubs—while European carriers keep Israel service on hold, with British Airways and Iberia extending suspensions. Seychelles Blue Economy: Seychelles is sinking its decommissioned patrol vessel PS Topaz to create an artificial reef and boost diving tourism, reinforcing its wider marine strategy. Tech & Markets: Crypto exchanges continue expanding in Seychelles’ orbit—Bitget adds Superform for spot trading and launches a multi-asset “Jumpstart” rewards push—while AI-driven trading features keep rolling out. Local Travel Demand: Tourism Seychelles wraps its 2026 India roadshow, citing nearly 75% arrival growth in 2025 and stronger premium, short-haul travel interest.

Air Connectivity Push: Qatar Airways is ramping up Africa service from June/July, with resumed flights to Seychelles and Kigali (from 16 June), daily Marrakesh service (from 1 July), and more frequent links to major cities like Cairo, Cape Town, Dar es Salaam and Lusaka–Harare—plus a new Port Sudan route starting 2 July. Crypto Market Moves: Bitget (in Seychelles) added Superform (UP) for spot trading and launched the UEX Jumpstart Program with a 430,000 USDT prize pool, while ZOOMEX kicked off “Pizza Week” to mark Bitcoin’s first real-world trade. Seychelles Tourism & Blue Economy: Seychelles intentionally sank the decommissioned Coast Guard vessel PS Topaz to create an artificial reef and boost diving tourism. Regional Context: Seychelles also appears high on global “best countries” lists, and Tourism Seychelles says its India push is paying off, with arrivals up nearly 75% in 2025.

Aviation & Tourism Boost: Qatar Airways is ramping up Africa connectivity, with four weekly flights to Seychelles from 16 June, plus more frequencies to key cities and a new Port Sudan route starting 2 July (three times weekly). Global Rankings Spotlight: Seychelles is also in the spotlight in U.S. News & World Report’s 2026 “Best Countries” list, ranking 49th globally and second in Africa’s natural environment category. Blue Economy in Action: Seychelles is sinking its decommissioned Coast Guard patrol vessel PS Topaz to create an artificial reef and boost underwater tourism—another move to turn maritime assets into marine biodiversity and diving demand. Tech & Finance Spillover: UAE Cabinet approvals push Agentic AI across government services, while Seychelles-linked crypto firms keep expanding—Bitget adds Delta Neutral Mode and registers in Mexico, and MEXC touts major fee savings during its 0-Fee Festival. Energy Pressure Across Africa: Fuel prices remain a strain, with Seychelles and Tanzania among the higher-cost countries in May 2026 rankings.

UAE Agentic AI Push: Sheikh Mohammed bin Rashid says the UAE will roll out Agentic AI across 50% of government services, training 80,000 staff and approving the first AI-powered service bundles for citizens, residents, businesses and investors. Crypto Trading Gets More Automated: Bitget added “Delta Neutral Mode” for hedged strategies, while MEXC launched an AI trading agent and reported users saved $232m in fees during its 0-Fee Festival. Cyber Threats Turn Smarter: NETSCOUT warns DDoS attacks are increasingly guided by AI and delivered via fast-moving IoT botnets, with Africa among the hardest-hit regions. Aviation Pressure on Routes: Russia’s summer 2026 nonstop network is expected to shrink sharply, including the suspension of Seychelles routes from May 13. Seychelles Blue Economy: PS Topaz, a decommissioned Coast Guard patrol vessel, was intentionally sunk to create an artificial reef and boost diving tourism. Culture & Heritage: Manhyia Palace Museum announced new international partnerships and restitution steps to preserve Asante history.

Environment Rankings: Cambodia topped the world for natural environment in the 2026 U.S. News & World Report list, with Seychelles close behind in second—another reminder that the Indian Ocean’s tourism edge is tied to conservation. Education & Property Deals: IMKAN Misr signed an MoU with AASTMT to set up a new campus on 45 feddans in Alburouj, linking a master-planned community with maritime-focused training. Aviation & Trade Links: Air Tanzania Company Limited (ATCL) is moving toward direct Moscow flights later this year, routing via Seychelles—aimed at boosting tourism and business travel. Blue Economy in Action: Seychelles intentionally sank the decommissioned Coast Guard patrol vessel PS Topaz to create an artificial reef and lift diving tourism. Fuel Pressure: Seychelles and Tanzania both landed among Africa’s highest fuel-price countries in May 2026, adding cost stress for households and transport. Tourism Demand: Tourism Seychelles wrapped its 2026 India roadshow, citing nearly 75% arrival growth in 2025.

Education & Urban Development: IMKAN Misr signed an MoU with AASTMT to allocate 45 feddans in Alburouj, New Heliopolis, for a new Arab Academy campus—part of a wider “Perfect Circle” plan blending homes, business, leisure and services. Diplomacy & Energy: Israel’s first ambassador to Somaliland says ties are accelerating after December 2025 recognition, with Somaliland pushing for deeper cooperation across security, energy, infrastructure, technology, education and communications. Aviation & Trade: Air Tanzania Company Limited (ATCL) is set to launch direct Tanzania–Russia flights via Moscow later this year, using Seychelles as a route point, with more cooperation deals expected under a Tanzania-Russia commission. Tourism & Blue Economy: Seychelles is repurposing its decommissioned Coast Guard patrol boat PS Topaz into an artificial reef and diving site after sinking it on May 9, aiming to boost marine biodiversity and dive tourism. Fuel Pressure: Tanzania ranks among Africa’s highest fuel-price countries in May 2026, adding fresh cost stress for households and transport operators.

Israel–Somaliland Pivot: Israel’s newly appointed ambassador says ties with Somaliland are expanding fast beyond security into energy, infrastructure, technology, education and trade after December 2025 recognition. Aviation Deal: Air Tanzania (ATCL) plans direct Dar es Salaam–Zanzibar–Moscow flights via Seychelles later this year, aiming to lift tourism and business links. Blue Economy Boost: Seychelles intentionally sank the decommissioned Coast Guard patrol boat PS Topaz to create an artificial reef and grow diving tourism. Tourism Seychelles Push: Seychelles wrapped up its 2026 India roadshow as arrivals from India jumped nearly 75% in 2025, with more focus on luxury, FIT, weddings and MICE. Fuel Pressure Across the Region: Fuel prices remain a strain—Seychelles and Tanzania both rank among Africa’s highest in May 2026—while costs ripple through transport and food. Maritime Connectivity: A new Atlantic subsea cable initiative, Via Africa, is set to improve resilience and bandwidth diversity across West Africa.

Aviation Deal: Air Tanzania (ATCL) is set to launch direct Tanzania–Russia flights via Moscow later this year, with Dar es Salaam and Zanzibar connected to Moscow through Seychelles using the Boeing 787 Dreamliner—part of 12 major Tanzania–Russia agreements signed in Arusha on May 16, with more deals expected ahead of President Samia Suluhu Hassan’s June visit. Tourism Push: Tourism Seychelles wrapped up its 2026 India roadshow in Mumbai, Ahmedabad and Delhi, betting on momentum as Indian arrivals rose nearly 75% in 2025 to about 13,400. Fuel Pressure: Tanzania is among Africa’s top fuel-price countries in May 2026, ranking ninth at $1.587 per litre—adding cost stress across transport and business. Blue Economy: Seychelles is also leaning into ocean tourism and conservation after sinking the decommissioned Coast Guard patrol boat PS Topaz to create an artificial reef and diving site. Maritime Connectivity: A new Atlantic subsea cable plan, Via Africa, aims to boost Europe–Africa digital resilience with a high-capacity route along the Atlantic coast.

Ocean Finance Push: Blue bonds are gaining momentum for marine conservation and climate resilience, but still sit at just 0.24% of the sustainable bond market—hitting a US$70bn-by-2030 goal will require fixing both project supply and investor demand. Reef Tourism in Seychelles: The Seychelles Coast Guard’s decommissioned PS Topaz patrol boat was intentionally sunk on May 9 to create an artificial reef and new underwater diving site, turning decades of maritime service into a tourism and habitat boost. Connectivity Moves: A new Atlantic subsea cable plan, Via Africa, aims to add a high-capacity Europe-to-South Africa route with landings across the UK, France, Portugal and West Africa to improve resilience and bandwidth diversity. Regional Maritime Cooperation: IOS Sagar (India) docked in Colombo with a multinational crew, underscoring shared security challenges across the Indian Ocean. Tech & Markets: Bitget rolled out a unified AI trading ecosystem and expanded retail diversification beyond crypto into equities, gold and AI-assisted investing. Urban Sustainability Talk: Global mayors gathered in Chengdu to trade ideas on building cleaner, greener, resilient cities.

World Mayors Dialogue in Chengdu: Mayors from 26 countries met in Chengdu to trade ideas on building “park cities” that balance clean growth, public services, and ecological security as climate shocks and ageing pressures mount. Seychelles in the spotlight: Victoria’s mayor, Josy Ita Michaud-Payet, joined the discussion, underlining that island cities face the same resilience questions—just at different speeds. Travel demand shifts: Tui says late-booking deals could be “great” in Turkey, Cyprus and Egypt, while western Mediterranean prices stay firm; geopolitical tensions are pushing travellers to book closer to departure. AI trading push from Bitget: Bitget launched a unified Bitget AI ecosystem, topping 1M users and $1.2B in AI-agent trading volume. Culture & restitution: Ghana’s Manhyia Palace Museum doubled down on restitution and contemporary art partnerships, including a Seychelles-linked exhibition. Fisheries transparency drive: Ghana moved to advance FiTI implementation, citing unreliable data and opaque licensing as key barriers.

Crypto Diversification: Bitget’s 2026 User Asset Allocation Report says retail traders are moving beyond crypto—gold and other commodities jumped from near zero to 20–40% of activity by March, while 52% now hold equities alongside crypto and 35% hold precious metals. Trading Promotions: BitMEX launched “Copy and Conquer” with a $50,000 USDT prize pool, letting users copy or reverse-copy verified traders. Market Momentum: MEXC’s April report points to TradFi futures volume per user up 55% as easing US-Iran tensions pushed interest into metals and energy, while top new tokens averaged a 2,341% peak gain. Seychelles Angle: The week also kept spotlight on Seychelles-linked fintech and crypto access—plus a reminder that offshore venues still dominate global crypto trading despite US volume. Fisheries Transparency: Ghana moved to join FiTI as an implementing country, citing unreliable data and opaque licensing as key barriers to sustainable marine management.

Crypto Diversification: Bitget’s 2026 User Asset Allocation Report says retail traders are spreading beyond crypto—52% now hold equities alongside crypto, while 35% add gold/precious metals; gold trading jumped from near zero to 20–40% of activity by March, with AI and commodities topping “investment themes.” Derivatives Push: BitMEX launched “Copy and Conquer” with a 50,000 USDT prize pool, letting users copy or reverse-copy verified traders from 14 May to 14 June. Token Frenzy Meets TradFi: MEXC’s April highlights point to new tokens averaging +2,341% peaks and TradFi futures volume per user up 55% as easing US–Iran tensions nudged interest toward precious metals and energy. Seychelles Angle: The week also brought fresh local fintech momentum, with Seychelles-headquartered Opo positioning AI-driven trading tools for retail—plus ongoing regional focus on maritime governance and tuna sustainability.

Storm Disruption: Cape Town’s double-header gales have already forced major delivery changes, with reports of roofs torn off, trees down and cars stranded—raising fresh pressure on insurers and keeping builders busy. Fisheries Transparency: Ghana is pushing to join the Fisheries Transparency Initiative, saying unreliable stock data and opaque licensing are undermining sustainable management. Energy Politics: Malta’s government-linked consultant Jonathan Scerri is back in the spotlight, criticising PN energy plans while still tied to Labour contracts. AI for Traders: Seychelles-headquartered Opo is betting that AI should be “infrastructure,” not a feature—while Zoomex warns that traditional liquidity measures are losing meaning in AI-driven markets. Crypto Exchange Moves: Bitget reports retail investors diversifying beyond crypto into equities, gold and AI themes, while MEXC expands spot grid trading and boosts its Guardian Fund. Regional Trade & Travel: Wizz Air says it will resume Israel flights from May 28, and Sri Lanka’s ETA rules remain in play (Seychelles exempt).

Trading Tech Surge: MEXC just rolled out Spot Grid Trading, letting users run a 24/7 “buy low, sell high” spot strategy with built-in take-profit and stop-loss controls—no leverage, and profits can be withdrawn anytime. Retail Access Gets a Boost: TradeLocker launched a free demo account that anyone can open without picking a partner broker first, aiming to create a single trader profile that follows users across its network. AI Meets Market Structure: Zoomex says classic liquidity signals are losing meaning as AI-driven trading changes what “depth” looks like versus what actually gets filled. Crypto Expansion in the Background: Bitget is pushing further into mainstream use—adding Scan to Pay for USDT spending via QR—and also expanding its IPO Prime access with OpenAI-linked pre-IPO trading. Regional Pressure on Diplomacy: Taiwan’s President Lai’s Eswatini trip went ahead after earlier cancellations tied to overflight permit revocations involving Seychelles, Mauritius and Madagascar, with China pressure alleged. Maritime Safety Focus: India’s Indian Ocean Rim Association is set to prioritize sea security as tensions ripple across the region.

Indo-Pacific Shift: India’s east coast is becoming the key hinge of its strategy as Pakistan signals more pressure from the east and China’s Myanmar-linked corridor aims to deepen influence in the Bay of Bengal. Maritime Safety Focus: India chairs IORA next year, with leaders expected to prioritise sea security amid Hormuz Strait tensions and wider Indian Ocean instability. Tuna Transparency Shock: A new report says Europe effectively controls much of the Indian Ocean purse-seine fleet through complex ownership, raising fresh alarms over who benefits and how quotas are used. Seychelles in the spotlight: The Seychelles is also tied to the wider geopolitical story—Taiwan’s President Lai’s Eswatini trip was delayed after Seychelles, Mauritius and Madagascar revoked overflight permissions amid claims of Chinese pressure. Crypto & Trading Moves: Bitget added OpenAI to its IPO Prime platform, while MEXC pledged to grow its Guardian Fund to $500m and bought 1,000 BTC.

Crypto Exchange Moves to Boost User Protection: MEXC says it’s expanding its Guardian Fund from $100m to $500m over two years and buying 1,000 Bitcoin, aiming for a “dual-reserve” setup to stay liquid during volatility. The firm also points to strong momentum, citing $270m net inflows in the past month. Development Finance Under Pressure: A wider look at global aid shows SDG funding gaps are widening and traditional aid flows are slipping, leaving developing economies short on the money needed to adapt and deliver. Maritime Safety Focus in the Indian Ocean: A North Indian Ocean Hydrographic Commission conference in Chattogram is pushing safer navigation and stronger “blue economy” planning. Seychelles in the Diplomatic Crosshairs: Taiwan President Lai’s Eswatini trip was delayed after overflight permissions were revoked by Seychelles, Mauritius and Madagascar—an episode tied to claims of China-linked pressure. Local Ocean Action: Children in Victoria marched to back tuna protection as Seychelles marks World Tuna Day.

Maritime safety push: India’s IORA chair is putting sea security front and centre, warning that war spillovers and Hormuz Strait blockades are hitting energy and food routes across the Indian Ocean. Climate adaptation gap: A new push is arguing that care services for children, older people and people with disabilities are still missing from National Adaptation Plans and NDCs—just as El Niño-linked extremes threaten health and schooling. Seychelles in the spotlight: Children in Victoria marched to back tuna protection ahead of World Tuna Day, while Seychelles also appears in the wider travel and policy churn—like visa rules and regional overflight politics. Crypto and payments: Bitget cut futures taker fees and launched Scan to Pay for USDT spending via QR codes, betting on real-world use as tokenization grows. Culture and arts: Ghana’s Manhyia Palace Museum, with UNESCO, is set to honour eight contemporary artists—including a Seychellois—at the Otumfuo Osei Tutu II Art Awards. Travel tech: KAYAK rolled out “Ask AI” to plan trips in chat with live flight, hotel and car options. What’s missing: No major Seychelles-only economic or policy breaking news in the last 12 hours beyond the tuna and arts items.

Crypto Payments Push: Bitget rolled out “Scan to Pay” on Bitget Pay, letting users spend USDT at offline merchants by scanning QR codes in the Bitget app—aimed at underbanked markets where banking access is uneven. Liquidity Incentives: The same exchange cut taker fees for eligible institutional market makers trading tokenized stock, metal, commodity and index futures, targeting tighter spreads and deeper execution. Education Policy: Zambia launched its 2025 National Education Policy, a major overhaul after nearly three decades, with new competence-based assessment tools for schools. Diplomacy Shockwave: Taiwan’s President Lai finally landed in Eswatini after a delayed trip—overflight permissions were revoked by Seychelles, Mauritius and Madagascar, widely read as China pressure—underscoring how air access can become a geopolitical lever. Local Culture & Talent: Ghana’s Manhyia Palace Museum, with UNESCO, announced the second Otumfuo Osei Tutu II Art Awards, honouring eight contemporary artists including a Seychellois. Seychelles Ocean Focus: Children marched in Victoria to back tuna protection ahead of World Tuna Day.

In the past 12 hours, Seychelles-linked coverage is dominated by tourism and business/finance items rather than a single breaking local policy story. Africa Month content highlights travel inspiration, including a feature listing “9 iconic destinations” to experience Africa’s “soul,” while another roundup ranks the “10 most relaxing beaches in the world,” naming Italy’s Tropea Beach as #1 and noting that only two U.S. beaches appear on the list (both in Hawaii). On the local culture side, “Jazz with a Creole soul” profiles Fabjazz and its vision for jazz in Seychelles, though it’s presented as an interview/feature rather than a major institutional development.

Several of the most recent articles also focus on digital-asset and trading platform promotions and performance. Bitget launched a community campaign (“Fan Story: UEX Through Your Eyes”) offering up to 100,000 USDT, and MEXC reported strong early results for its USD1 event series (about 98,905 participants and $1.3 billion in USD1-margined futures volume). Separately, the same 12-hour window includes a recap of a Zoomex X Space connecting Formula 1 and crypto trading, and a report on European fishing companies reflagging ships to access Indian Ocean tuna quotas—an issue that directly intersects with maritime governance and fisheries economics.

Looking slightly beyond the last 12 hours, the tuna/quota theme continues with additional corroboration: a report says European fishing firms are reflagging ships to tap Indian Ocean tuna quotas, and the longer text explains that European companies account for about one-third of the tropical tuna catch, partly by registering vessels under flags including Seychelles, Mauritius, Kenya, Tanzania, and Oman. This suggests continuity in scrutiny of how quota access is structured and enforced, rather than a one-off claim.

Another thread with strong continuity is diplomatic and travel access—though not exclusively Seychelles-focused. Multiple articles describe Taiwan President Lai Ching-te’s Eswatini state visit and the reported disruption caused by overflight permission withdrawals involving Seychelles, Mauritius, and Madagascar, alongside China’s criticism. In parallel, Seychelles appears in regional mobility policy: Kyrgyzstan and Seychelles signed an agreement to abolish visas for short-term stays, and the Seychelles foreign minister’s visit to Kyrgyzstan is described as the first such foreign-ministry head visit in bilateral history. Overall, the most recent evidence is rich on tourism inspiration and trading promotions, while the most consequential cross-border “policy-like” developments in the 7-day window relate to visa-free travel and the ongoing diplomatic/travel-access contest around Taiwan’s Africa engagement.

Over the past 12 hours, the Seychelles-linked news mix is dominated by maritime and diplomatic spillovers rather than local policy announcements. A key development is a report on European fishing firms using reflagging strategies to access Indian Ocean tuna quotas—finding European companies took “a third of the tropical tuna catch” and expanded to “more than 50 purse seine ships” by registering vessels under flags including Seychelles. In parallel, a Seychelles-related diplomatic thread continues to draw attention: Taiwan President Lai Ching-te’s rescheduled visit to Eswatini (after earlier travel disruptions) is still being covered internationally, with the latest reporting focusing on the diplomatic attention the trip has generated. Other items in the last 12 hours are more routine business/market coverage (e.g., crypto exchange listings and trading volumes), rather than major Seychelles-specific shifts.

In the 12–24 hour window, Seychelles appears mainly in broader mobility and finance context. Seychelles is cited in passport-power coverage: the Henley Passport Index ranking notes Seychelles at 22nd globally (alongside Mauritius at 25th), while other African countries are described as clustered lower in the index. Separately, corporate and investment news includes Sea Link Group’s move to take over a major Pakistan container terminal operator via a Seychelles-incorporated structure—showing how Seychelles entities continue to feature in offshore corporate arrangements. The same period also includes general regional economic coverage (e.g., fuel price pressure in Nigeria) and ongoing fintech/crypto announcements, but without additional Seychelles-specific policy detail.

From 24 to 72 hours ago, the strongest continuity for Seychelles is diplomatic and visa-related cooperation. Multiple reports describe Kyrgyzstan and Seychelles signing an agreement to abolish visas for short-term stays, concluded during Seychelles Foreign Minister Barry Faure’s visit to Kyrgyzstan (May 3–6), with talks covering political dialogue and cooperation areas including trade, agriculture, tourism, education, digital governance, and climate/sustainable development. This sits alongside the wider international narrative of Taiwan–Eswatini engagement under pressure—where earlier overflight permission revocations involving Seychelles are repeatedly referenced as part of the background to Lai’s eventual arrival and the subsequent “resolve” messaging.

Overall, the most evidence-backed “major” theme in this rolling week is not a single Seychelles domestic event, but Seychelles’ role in two cross-cutting arenas: (1) maritime access and flagging practices tied to tuna quota exploitation, and (2) diplomatic/visa facilitation that strengthens Seychelles’ bilateral connectivity (notably with Kyrgyzstan). The most recent 12-hour coverage is comparatively sparse on Seychelles-specific developments beyond these broader threads, so the clearest change over the week is the visa-free agreement’s consolidation and the continued international attention on the Taiwan–Eswatini travel episode in which Seychelles was previously named in the overflight disruption reports.

Sign up for:

Industry Today Seychelles

The daily local news briefing you can trust. Every day. Subscribe now.

By signing up, you agree to our Terms & Conditions.

Share us

on your social networks:

Sign up for:

Industry Today Seychelles

The daily local news briefing you can trust. Every day. Subscribe now.

By signing up, you agree to our Terms & Conditions.