AGP Executive Report
Last update: 12 hours agoCrypto and Finance: The US Treasury is moving to cut Seychelles-registered exchange MEXC Global off from the US financial system, alleging it handled at least $16 billion in illicit transactions linked to sanctions evasion and cybercrime. The order’s restrictions are not yet in effect; US financial institutions would be barred from transfers involving MEXC after the required notice period. Governance: Seychelles ranked first in Africa for overall governance in the 2026 Ibrahim Index, while a separate freedom index also placed the country at the top for political freedom. Cost of Living: Seychelles has Africa’s highest GDP per capita, but ranks 10th for workers’ purchasing power, with a score far below South Africa’s—an indication that high incomes do not necessarily stretch as far locally. Public Oversight: National Assembly member Sandy Arissol represented Seychelles at a regional public accounts committee peer-review programme and training in Maputo.
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