Economy & Business

Sierra Leone among other African countries launching or concluding oil and gas licensing rounds in 2024

Sierra Leone Telegraph: 13 June 2024: With a strong slate of exploration and production activities and competitive licensing rounds in 2024, Africa is well-positioned to realize its potential as the global energy frontier. These bid rounds are poised to cement Africa as a global hub for hydrocarbon development. Licensing rounds [Read More]

Economy & Business

African Development Bank and Intel to train millions of Africans in Artificial Intelligence (AI)

Sierra Leone Telegraph: 12 June 2024: The African Development Bank and technology giant Intel have formalized their cooperation to transform the African digital ecosystem. The partnership aims to equip 3 million Africans and 30,000 government officials with AI skills. Sealed at the recent African Development Bank’s Annual Meetings in Nairobi, [Read More]

Economy & Business

Development finance institutions visit Sierra Leone to support private sector lending

Sierra Leone Telegraph: 5 June 2024: Representatives from last year’s investment delegation of Development Finance Institutions (DFIs) have returned to Sierra Leone to support private sector lending. Building on the achievements of the 2023 investment delegation, the aim of the week-long visit is to support increased lending to Sierra Leone’s [Read More]

Economy & Business

World Bank Board approves $74 million to enhance climate-resilient transport and access to market infrastructure

Sierra Leone Telegraph: 3 June 2024: The World Bank Board last Wednesday, approved a $74 million International Development Association (IDA) grant to enhance climate-resilient transport connectivity and agricultural market access in Sierra Leone. (Photo above: EU funded road network in Sierra Leone). The Sierra Leone Connectivity and Agricultural Market Infrastructure [Read More]