Seychelles participates in the 46th Ordinary Session of the Executive Council in Addis Ababa, Ethiopia
Minister Sylvestre Radegonde, Minister for Foreign Affairs and Tourism led the Seychelles delegation at the 46th Ordinary Session of the Executive Council, taking place from 12th to 13th February in Addis Ababa at the African Union Headquarters.
In his intervention on the Permanent Representatives Committee Report, Minister Radegonde expressed Seychelles' sincere appreciation for the donation of USD 200,000 towards the country's recovery efforts following the disasters of December 2023. The Minister touched on the importance of the blue economy for Seychelles, stating that it is more than a concept– it is a conduit for innovation and diversification, while ensuring the preservation of our rich marine environment. He also recognised that the Continent is a distance from achieving the targets set out in Agenda 2063 and that all parties need to collectively work together to maximise the impact of continental projects.
Minister Radegonde also cast Seychelles' votes during the election of four Commissioners of the African Union Commission. Representatives from the Kingdom of Eswatini, the Republic of South Africa, Federal Republic of Nigeria, and the Republic of Ghana were elected.
On the margins of the Executive Council Meeting, Minister Radegonde met with H.E. Dr. Badr Abdelatty, Minister of Foreign Affairs, Emigration, and Expatriate Affairs of the Arab Republic of Egypt. The two Ministers discussed the strengthening of bilateral relations in key areas of cooperation, notably tourism, healthcare, investment, and trade. They agreed to pursue these endeavours through knowledge-sharing practices, capacity building and exchange of experts between the two countries.
Minister Radegonde reiterated Seychelles' strong interest in concluding the visa waiver agreement for diplomatic and official passport holders. He also stressed the need to conclude the negotiations for ordinary passport holders to further cement the people-to-people relations between the Seychelles and Egypt. The Egyptian Minister also took the opportunity to present, once again, Dr. Hanan Morsy, the Egyptian candidate for the position of Deputy Chairperson of the African Union Commission, for the elections to be held during the Assembly of the Union on 15th February 2025.
Distributed by APO Group on behalf of Ministry of Foreign Affairs and Tourism - Foreign Affairs Department, Republic of Seychelles.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Fintech News ME
36 minutes ago
- Fintech News ME
MENA Startups Raise $289M in May as Egypt Leads Recovery
The startup ecosystem in MENA experienced renewed momentum in May 2025, securing a total of US$289 million across 44 deals. This reflects a 25% increase compared to April and a modest 2% rise year-on-year. Debt financing accounted for only 9% of the total investment, with the bulk of capital directed towards equity deals. Egypt regained its position as the region's leading recipient of funding, largely thanks to Nawy 's notable US$75 million round. According to Wamda, seven other Egyptian startups collectively raised US$50 million, marking activity levels not seen since July of the previous year. The UAE followed with US$86.7 million raised across 14 deals, while Saudi Arabia trailed closely behind with US$69 million from 15 deals. Meanwhile, Kuwait made a rare appearance on the investment radar, with two startups securing a combined US$6 million, positioning the often-overlooked GCC nation in fourth place. AI remained a hot topic in the Gulf, especially following a high-profile visit by US President Trump and prominent Silicon Valley AI executives. The diplomatic event prompted both Saudi Arabia and the UAE to announce major plans to enhance their local AI ecosystems. However, despite the political attention and media excitement, investment in AI startups fell short of expectations. The sector drew only US$25 million across two deals, underscoring the disconnect between the narrative and actual funding activity. Fintech continued to lead in sectoral funding, attracting US$86.5 million through 14 rounds. Proptech followed closely, buoyed by Nawy's large raise, while mediatech companies brought in a total of US$32 million from two deals. Construction technology also made a notable contribution, with WakeCap raising US$28 million. There was a marked absence of late-stage funding activity in May. Just one pre-Series C round was recorded, amounting to US$12 million. Early-stage investments dominated, accounting for US$161 million of the total capital raised. Investor preference continued to lean towards business-to-business (B2B) models. B2B startups attracted US$157 million across 29 deals, while hybrid B2B/B2C companies brought in US$79 million. In contrast, business-to-consumer (B2C) startups received significantly less attention, with nine companies raising a combined US$53 million. The gender gap in startup funding remained pronounced. Startups founded exclusively by men secured 82% of the total capital. Female-founded ventures garnered just 7%, while teams comprising both male and female founders attracted nearly 11%.


ARN News Center
an hour ago
- ARN News Center
Trump bans nationals from 12 countries, citing security concerns
US President Donald Trump signed a proclamation on Wednesday banning the nationals of 12 countries from entering the US, saying the move was needed to protect against "foreign terrorists" and other security threats. The countries affected are Afghanistan, Myanmar, Chad, Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan and Yemen. The entry of people from seven other countries: Burundi, Cuba, Laos, Sierra Leone, Togo, Turkmenistan and Venezuela, will be partially restricted. The travel restrictions were first reported by CBS News. "We will not allow people to enter our country who wish to do us harm," Trump said in a video posted on X. He said the list could be revised and new countries could be added. The proclamation is effective on June 9, 2025. Visas issued before that date will not be revoked, the order said. During his first term in office, Trump announced a ban on travelers from seven majority-Muslim nations, a policy that went through several iterations before it was upheld by the Supreme Court in 2018. Former President Joe Biden, a Democrat who succeeded Trump, repealed the ban in 2021, calling it "a stain on our national conscience". Trump said the countries subject to the most severe restrictions were determined to harbor a "large-scale presence of terrorists," fail to cooperate on visa security and have an inability to verify travelers' identities, inadequate record-keeping of criminal histories and high rates of visa overstays in the US. "We cannot have open migration from any country where we cannot safely and reliably vet and screen those who seek to enter the United States," Trump said. He cited Sunday's incident in Boulder, Colorado in which a man tossed a gasoline bomb into a crowd of pro-Israel demonstrators as an example of why the new restrictions are needed. An Egyptian national, Mohamed Sabry Soliman, has been charged in the attack. Federal officials said Soliman had overstayed his tourist visa and had an expired work permit - although Egypt is not on the list of countries facing travel limits. Being in the US is a 'Big Risk' Somalia immediately pledged to work with the US to address security issues. "Somalia values its longstanding relationship with the US and stands ready to engage in dialogue to address the concerns raised," Dahir Hassan Abdi, the Somali ambassador to the US, said in a statement. Venezuelan Interior Minister Diosdado Cabello, a close ally of President Nicolas Maduro, responded on Wednesday evening by describing the US government as fascist and warning Venezuelans of being in the US. "The truth is being in the US is a big risk for anybody, not just for persecute our countrymen, our people for no reason." Calls early on Thursday to the spokesperson of Myanmar's military government were not answered. The foreign ministry of Laos did not immediately respond to a request for comment. Trump's directive is part of an immigration crackdown that he launched at the start of his second term. He previewed his plan in an October 2023 speech, pledging to restrict people from the Gaza Strip, Libya, Somalia, Syria, Yemen and "anywhere else that threatens our security". Trump issued an executive order on January 20 requiring intensified security vetting of any foreigners seeking admission to the US to detect national security threats. That order directed several cabinet members to submit a list of countries from which travel should be partly or fully suspended because their "vetting and screening information is so deficient". In March, Reuters reported that the Trump administration was considering travel restrictions on dozens of countries.


Zawya
an hour ago
- Zawya
Egypt: USD/EGP exchange rates edge down on Wednesday
Arab Finance: The exchange rate of the US dollar to Egyptian pound went down on Wednesday, recording EGP 49.59 for purchasing and EGP 49.69 for selling at Banque Misr at 3:24 PM. At the National Bank of Egypt (NBE), the exchange rate registered EGP 49.59 for buying and EGP 49.69 for selling at 3:40 PM. The USD traded at EGP 49.59 for purchasing and EGP 49.69 for selling at the Commercial International Bank Egypt (CIB). © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (