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Seychelles

The Republic of Seychelles is an archipelago of 115 islands located in the French customs to remain intact. Slavery was completely abolished in 1835, and the island nation subsequently began to decline as exportation decreased.

The anti-slavery stance was taken very seriously by the Socialism was brought to a close with a new constitution and free elections in 1993. President France-Albert Rene, who had served since 1977, was re-elected in 2001, but stepped down in 2004.

Vice President James Michel took over the presidency and in July 2006 was elected to a new five-year term.

Upon independence in 1976, economic growth has steadily increased, led by the tourism sector and tuna fishing. In the past few years, the government has also created incentives for foreign investments. Per capita, Seychelles is the most indebted country in the world and currently had a population of 90,024.

About Seychelles

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This page was last updated on April 7, 2017.