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Scramble for Africa: Why China is boosting Seychelles with $14mn

La Digue, Seychelles. Photo by Jessica Pamp @ Unsplash
La Digue, Seychelles. Photo by Jessica Pamp @ Unsplash
  • China extends $14.47mn grant to Seychelles
  • The move reinforces concessional financing and investor confidence

 

VICTORIA, SEYCHELLESChina has extended a $14.47 million grant to Seychelles, signalling continued strategic backing for small frontier economies navigating tight fiscal conditions.

The commitment was reaffirmed during a courtesy call by Chinese Vice President Han Zheng on Seychelles’ President Patrick Herminie at State House, with discussions focusing on economic cooperation, infrastructure development, and long-term financing support.

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