Economy & Business

World Bank approves $40 Million to boost Sierra Leone’s SMEs and diversify the economy 

Sierra Leone Telegraph: 30 July 2020: The government of Sierra Leone today received another major grant support from the World Bank’s International Development Association (IDA),  to boost investments in the country’s Small and Medium Sized Enterprises (SMEs) involved in the non-mining productive sectors. Sierra Leone’s economy must be diversified to [Read More]

Economy & Business

Fresh Salone to start exporting vegetables to European markets

Sierra Leone Telegraph: 30 July 2020: Last Friday, the Sierra Leone Investment and Export Promotion Agency (SLIEPA) and other Ministries, Departments and Agencies (MDAs) visited one of Sierra Leone’s newest farm produce exporting companies – Fresh Salone (SL) Ltd in Kobbaya, Kaffu Bollum Chiefdom, in the Port Loko district, as [Read More]

Economy & Business

Government of Sierra Leone and Joule Africa reach agreement on Bumbuna II

Sierra Leone Telegraph: 30 July 2020: Sierra Leone’s Ministry of Energy last week announced that it has reached agreement with Joule Africa, the developer of the Bumbuna II Hydroelectric Power Plant (“the Project”) over the cost and funding mechanism of the project. The government, nor Joule Africa has disclosed the [Read More]

Economy & Business

COVID-19 hampers Sierra Leone’s fiscal consolidation gains – says World Bank Update

Sierra Leone Telegraph: 29 July 2020: The COVID-19 pandemic has significantly impacted Sierra Leone’s medium-term growth prospects with the economy projected to contract by 2.3 to 4.0 percent in 2020 due to disruption in global trade, travel restrictions and domestic restrictions on mobility, according to the new World Bank Sierra [Read More]

Election Watch

Parliament approves new NEC boss Mohamed Konneh as political row continues

Sierra Leone Telegraph: 29 July 2020: Parliament of Sierra Leone yesterday voted by a majority to approve the newly appointed  Chairman of the National Electoral Commission (NEC) – Mohamed Kenewui Konneh, despite strong protests by the main opposition APC party and others, including the PMDC, claiming that Mr Konneh is [Read More]

Economy & Business

EU and Ireland provide 1.5 Million Euros  to help tackle COVID-19 across districts in Sierra Leone

Sierra Leone Telegraph: 29 July 2020: Sierra Leone’s Minister of Planning and Economic Development, Dr. Francis Kai-Kai yesterday Tuesday, launched the “Team Europe Initiative” aimed at supporting decentralized COVID-19 response in Sierra Leone. The “Team Europe Initiative” will support and strengthen Sierra Leone’s response in the most vulnerable communities. Both [Read More]

In Focus

Sierra Leonean blues and jazz singer and guitarist – Bai Kamara nominated in US Blues Blast Music Award

Bolaji Alonge: Sierra Leone Telegraph: 28 July 2020: Sierra Leonean singer, songwriter and guitarist, Bai Kamara Jr & The Voodoo Sniffers album Salone, which was released earlier this year has been nominated in the Best Acoustic Blues Album category at the Blues Blast Music Award ceremony to be held in September. Nominated [Read More]

Economy & Business

President Bio sacks mines minister as export revenue drops by almost 50% in two years

Sierra Leone Telegraph: 28 July 2020: President Julius Maada Bio of Sierra Leone has sacked his mining minister – Foday Rado Yokie, after two years of failing to improve the performance of the ministry in helping to revive the country’s exports revenue. Despite the government’s review of all mineral rights [Read More]

Politics

President Bio reminds ECOWAS of the need for peace in Mali

Sierra Leone Telegraph: 28 July 2020: Yesterday, Monday 27 July 2020, Sierra Leone’s president Dr Julius Maada Bio addressed the Extraordinary Session of the Authority of Heads of State and Government of the Economic Community of West African States (ECOWAS) through video conferencing, where he said that maintaining peace and [Read More]