Economy & Business

African Development Bank delivers on a decade of transformative commitments to reduce poverty

Sierra Leone Telegraph: 05 June 2020: For the past five decades, the African Development Bank AfDBGroup has been at the forefront of driving Africa’s economic transformation, leveraging its diverse resources and unique know-how as an indigenous development finance institution. (Photo above: AfDB President Adesina). The Bank has delivered on its [Read More]

Economy & Business

Brussels Airlines hope to resume flight to Freetown next month

Sierra Leone Telegraph: 05 June 2020: International flights to and from Sierra Leone were grounded by the government of Sierra Leone two months ago, in response to the rapid increase in the number of coronavirus cases in the country, which now stands at almost a thousand. This decision by the [Read More]

Economy & Business

IMF approves disbursement of $143 million loan for Sierra Leone’s COVID-19 response

Sierra Leone Telegraph: 03 June 2020: The government of Sierra Leone has today received approval from the IMF, for almost half the government’s $300 million it had requested from the international community a few weeks ago, in support of its COVID-19 response programme. Yesterday, the EU released Ten Million Euros [Read More]

Economy & Business

EU €10 million budget support for Sierra Leone’s Covid-19 economic  response 

Sierra Leone Telegraph: 02 June 2020: Sierra Leone’s National Authorising Office (NAO) in the Ministry of Planning and Economic Development, announced yesterday that the Government of Sierra Leone has met European Union (EU) requirements for early disbursement of a €10 million fixed tranche of budget support for the 2020 financial [Read More]

Economy & Business

Financing a 15 trillion Leones stimulus package in five years to boost Sierra Leone’s economy

Jesmed F Suma: Sierra Leone Telegraph: 31 May 2020: Usually, stimulus spending tends to be temporary to avert any long-term inflationary effects and budget deficits commonly associated with drastic increases in public spending and the supply of money in the economy.  However, as admitted by the World Health Organization in [Read More]

Economy & Business

Bank of Sierra Leone stimulus package – how and where should the money be spent?

Jesmed F Suma: Sierra Leone Telegraph: 30 May 2020: The success of the proposed new social compact would be predicated on recognizing the intricate link between agriculture and economic development, driven by the application of the necessary technology in business and industry. It is the recognition of this intricate link [Read More]

Economy & Business

Bank of Sierra Leone stimulus package and its impact on the economy

Jesmed F Suma: Sierra Leone Telegraph: 28 May 2020: There is no doubt the coronavirus pandemic has dealt a devastating impact on the world economy, including that of Sierra Leone. Without a set of immediate and decisive actions, the possible long-term effect on growth could be catastrophic. Globally and locally, [Read More]

Economy & Business

Home of Know Africa – Be Africa

A24 Media: Sierra Leone Telegraph: 26 May 2020: The spirit of Africa has lived through oral narratives for generations. Documentation of the continent through digital stories is a quest many lovers of Africa have been yearning for with little to celebrate about. About a month ago, Africa’s largest content house [Read More]

Economy & Business

Africa Women Innovation and Entrepreneurship Forum Awards 2020 call for nominations

Sierra Leone Telegraph: 26 May 2020: The Africa Women Innovation and Entrepreneurship Forum (AWIEF) is pleased to announce the call for nominations for AWIEF Awards 2020. This year marks the fourth edition of the highly-anticipated AWIEF Awards which serves as the premier platform to highlight achievements in women entrepreneurship across [Read More]