Counties Presentation – Overview of the R&I Ecosystem / Presentation Des Pays – Ecosysteme R&I du Pays
Seychelles
General Presentation of Seychelles
S eychelles is a high-income Small Island Developing State (SIDS) in the western Indian Ocean that has a small and culturally diverse population and ecologically diverse environment. It is a high-income economy with a per capita income at $14,340 GNI, according to the Atlas method (current US dollars).1 Based on a purchasing power parity indicator (PPP) in current international dollars, however, the GNI per capita rises to $33,480 in 2022.2 With regards to its Human Development Index (HDI), in 2021 it was ranked 72nd out of 189 countries (UNDP, 2021/2022). Since attaining independence in 1976, Seychelles has experienced rapid economic growth with per capita output expanding approximately seven times compared to pre-independence levels. This impressive economic growth can be attributed to factors such as political stability and macroeconomic stability.
Since its independence, Seychelles has been a politically stable democracy with citizens actively participating in politics and policy processes. Civil society organizations are involved in various agendas, including environmental justice and socio-economic development. The country has a functional legal system, the composition of which includes a mix of English common law, the Napoleonic Code, and customary law. Due to the scale and size of its economy, it does not have a specialized court for commercial cases.3 The country has a wide range of programmes for social protection and support. Life expectancy is 72 years for men and 82 years for women. The main sectors that have received government investment over the years are health and education. Health and education services are free in the country. In 2020, Seychelles spent almost 7 per cent of GDP on social welfare, a level higher than the averages observed across Sub-Saharan Africa (US Department of State, 2022). Prudent fiscal and monetary policies have been implemented since 2008 with macroeconomic stabilization and structural reforms aimed at reducing the burden of external debt and enabling robust growth.
An overview of key economic indicators is presented in annex 1. The key economic sectors in Seychelles are tourism, financial services and fisheries, and agriculture to a lesser extent. The economy is a driven by services, especially tourism, which represent about 75 per cent of GDP (US Department of State, 2022). Fisheries and agriculture sectors are heavily reliant on their natural resources, and as a result the economy is vulnerable to environmental change – particularly to climate change – and other human-induced effects. To reduce over-dependence on tourism and fisheries, as well as diversify the economy more generally, the Government is promoting investment in agriculture, small-scale manufacturing and information and communications technology.
Source: Seychelles Science, Technology & Innovation Policy Review
Leading texts / Principaux textes fondateurs
The 2016-2025 Science, Technology and Innovation Policy and Strategy (STIPS)
The 2018-2022 Strategic Plan
Others
Overview of STI provisions in Key Frameworks
Policy Framework STI Policy provisions and/or objectives
| Industrial Property Act 2014 | An Act of the National Assembly to provide for the adequate protection and enforcement of industrial property rights to encourage local inventive and innovative activities, stimulate transfer of foreign technology, promote foreign direct investment, create a competitive business environment, discourage unfair practices, enhance free and fair practice and thereby foster socio economic development and for matters connected therewith or incidental thereto. |
|---|---|
| Fair Trading Act 2022 | Promotes the improvement of standards and quality of goods and services supplied by service providers and business enterprises. Promotes technology transfer and dissemination. |
| National Employment Policy and Strategies, 2014 | Promote an information technology literate and competent labour force. Equip Seychellois with knowledge, competencies and entrepreneurial mindset to compete successfully in a global knowledge-based economy. |
| Fair Trading Act 2022 | Promotes the improvement of standards and quality of goods and services supplied by service providers and business enterprises. Promotes technology transfer and dissemination. |
| ICT in Education and Training Policy, 2022- 2027 | Establishment of ICT in Education Public-Private Partnerships. Increase effective use ICTs for teaching and learning. Improve access to quality digital resources. |
| 201 Seychelles Investment Act and 2014 Seychelles Investment (Economic Activities) Regulations | Promote FDI as a mechanism for technology transfer. |
| Blue Economy Strategic Policy and Roadmap | Charting the Future (2018-2030). Prioritizes the development of a marine biotechnology sector as the driving factor to achieve sustainable, ocean-based economy, economic development. |
| 2004 Cultural Policy | “Protect, safeguard, and develop the moral, ethical, and spiritual values of Seychellois culture and dignity, including the protection of intellectual property, and the cultural, as well as the natural heritage of Seychelles”. |
| National Entrepreneurship Strategy, 2023 | To create a resilient and conducive knowledge-based entrepreneurship ecosystem that supports Seychelles’ socioeconomic development agenda sustainably and inclusively. Facilitate technology exchange and innovation. |
Source: Seychelles Science, Technology & Innovation Policy Review
R&I Public Entities / Structures R&I:
Collaborations and Partnerships in the OI Basin / international TBM / Collaborations et Partenariats dans le bassin Océan Indien /international à mettre en avant :
Mettre en avant les collaborations au besoin avec des partenaires du bassin OI/ à l’international
Highlight collaborations with partners in the OI/ international basin, where appropriate
- SADC Protocol on Science, Technology, and Innovation, and adopted the 2015 SADC Industrialization Strategy and Roadmap (2015-2065)
The objective of the Protocol on Science, Technology and Innovation is “to foster co-operation and promote the development, transfer and mastery of science, technology and innovation” among Member States.
- AU Science, Technology and Innovation Strategy for Africa (STISA-2024)
- African Regional Intellectual Property Organization (ARIPO) and acceded to the Harare Protocol on Patents and Industrial Designs
- Paris Convention for the Protection of Industrial Property and the Patent Cooperation Treaty (PCT) since 2002
- UNCTAD-hosted UN Commission on Science and Technology for Development sessions, as well as the UN STI Forum

