Economy & Business

Sierra Leone’s capital Freetown plunged into darkness as government fails to pay its debts

Sierra Leone Telegraph: 02 December 2021: The capital of Sierra Leone – Freetown, home to over two million people and once known as the darkest city on the planet for its lack of electricity, has once again returned to claiming its global darkness status, after the Turkish ocean power generating [Read More]

Economy & Business

Bootcamp helps 12 Sierra Leonean entrepreneurs become pitch-perfect for impact investment

Sierra Leone Telegraph: 01 December 2021: Twelve Sierra Leonean entrepreneurs, who have gone through a comprehensive seven-week ‘bootcamp’, will be presenting their business plans to representatives from nine investment funds this Friday, 3rd December 2021 at a special impact investment deal summit organised by Acumen West Africa and Invest Salone [Read More]

Economy & Business

Mozambique conference calls for revival of Africa’s fishing communities

Sierra Leone Telegraph: 01 December 2021: African leaders and policymakers have called for strategies to harness the potential of the blue economy to achieve sustainable development. The call came at a high-level conference hosted by the Government of Mozambique on 18 and 19 November in the City of Vilanculos. The [Read More]

Economy & Business

Hollywood film producers discuss movie project with President Bio to help boost tourism

Sierra Leone Telegraph: 30 November 2021: President Julius Maada Bio of Sierra Leone yesterday Monday 29 November 2021,  held talks at State House in Freetown with two Hollywood film producers – Ariel Leon and Michael Duff, from The Roots Production Service, to discuss the possibility of filming on location in [Read More]

Economy & Business

Vice President Juldeh Jalloh in Ivory Coast to discuss electricity supply for the South-East of Sierra Leone

Austine Luseni: Sierra Leone Telegraph: 30 November 2021: Yesterday Monday, 29 November 2021, Sierra Leone’s President Julius Maada Bio dispatched Vice President Dr. Mohamed Juldeh Jalloh as a Special Envoy to Cóte d’Ivoire, to engage President Alassane Dramane Ouattara on the TRANSCO CLSG Power Purchase and Transmission Services Agreement. Today, [Read More]

Economy & Business

African Development Bank Board approves new Water Strategy for 2021-2025

Siera Leone Telegraph: 29 November 2021: The Board of Directors of the African Development Bank last Thursday, 25th November 2021, approved a new Water Strategy for 2021-2025: “Towards a Water-Secure Africa.” The five-year strategy, approved on 17 November 2021, aims to increase water security in Africa, and to foster its [Read More]

Economy & Business

Bank Governor of Sierra Leone clumsily explain why he said he bribed the financial market

Sierra Leone Telegraph: 27 November 2021: After getting himself into serious hot water for saying that the Bank of Sierra Leone had used $68 million in bribing businesses and individuals in order to stabilise the country’s currency – the Leone, now he says he used the word bribery figuratively as [Read More]

Economy & Business

District Development Coordination Committees will ensure local development accountability – says minister Kai-Kai

Sierra Leone Telegraph: 25 November 2021: On Tuesday, 23 November 2021, Sierra Leone’s Minister of Planning and Economic Development, Dr. Francis Kai-Kai spoke about the importance of the District Development Coordination Committee (DDCC) initiative in addressing the problems of duplication, service delivery overlap and uncoordinated development interventions in the districts, [Read More]

Economy & Business

Guinea-Conakry deserves a just energy transition and more oil and gas investment – Op ed

African Energy Chamber: Sierra Leone Telegraph: 24 November 2021: Under pressure from climate change and energy transition directives, a growing list of oil and gas majors is shifting from fossil fuels to renewables. As a result, they’re pulling out of or reducing investment in some of the world’s most economically [Read More]