SEYCHELLES

République des Seychelles; Creole: La Repiblik Sesel), is an archipelagic island country in the Indian Ocean at the eastern edge of the Somali Sea. It consists of 115 islands. Its capital and largest city, Victoria, lies 1,500 kilometres east of mainland Africa. With a population of roughly 94,367, it has the smallest population of any sovereign African country.

Seychelles was uninhabited prior to being encountered by Europeans in the 16th century. It faced competing French and British interests until coming under full British control in the late 19th century. Since proclaiming independence from the United Kingdom in 1976, Seychelles has developed from a largely agricultural society to a market-based diversified economy, characterized by rapidly rising service, public sector, and tourism activities. From 1976 until 2015, nominal GDP grew nearly sevenfold, and purchasing power parity increased nearly sixteenfold. Since the late 2010s, the government has taken steps to encourage foreign investment.

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