The Investment Facilitation team of SIB met with Mr. Gafoor Yakub, CEO and Chairperson of Penlac Company Ltd at their factory and office located at Le Rocher. This courtesy visit was planned in order to learn more about its local manufacturing business and extend SIB’s support where needed.  

The Seychelles Investment Board (SIB) launched the first ever Seychelles Investment Week from 28th September to 04th October. The aim of this event was to promote investment opportunities and raise awareness about starting a business in Seychelles.

To kick-start the week, SIB set-up a roadshow at the Bois De Rose Shopping Complex on Saturday 28th September. The aim was to reach out to and engage with the public, encouraging them to visit SIB at any stage of their investment journey for professional advice and assistance. The Investment Facilitation team were at hand to answer any questions, offer support and even book meetings with potential investors.

Situated at The Eden Island Marina, A.L boat charter met with the Seychelles Investment Board (SIB) team to give an insight on what their business venture has been like since its inception. Ms. Laurence Freslon an entrepreneur with a background in the beauty industry, established her boat charter business back in 2017.

According to the United Nations World Population Ageing report (2017), 13% of the global population are aged 60 years or above. The report estimated that this demography is growing at a rate of 3% per year. The trend can also be seen in Seychelles where the total number of pensioners (63 years and above) was 10,951 accounting for roughly 10% of the total population.


Seychelles joined 53 other African countries to participate in the first-ever China-Africa and Trade Expo in the city of Changsha, Hunan Province, People’s Republic of China, between the 24th and 27th June 2019. Launched under the China-Africa Cooperation Forum, this exhibition aimed to establish a new mechanism for economic and trade cooperation between China and African countries.

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