Economy & Business

External debt of many least developed countries has increased significantly says minister Kai-Kai

Sierra Leone Telegraph: 20 September 2021: Sierra Leone’s Minister of Planning and Economic Development, Dr. Francis Kai-Kai last Friday addressed the Ministerial Meeting of Least Developed Countries (LDCs) that seeks to overcome structural challenges in order to eradicate poverty, achieve internationally agreed development goals – including the SDGs, and enable [Read More]

Economy & Business

The Gambia launches ambitious renewable energy projects

Miguel Artacho: Sierra Leone Telegraph: 19 September 2021: Although The Gambia is actively exploring offshore areas to tap into hydrocarbons potential and aims to position itself as one of the new oil producing countries in the MSGBC Basin; by no means is fossil fuel development the only area in which [Read More]

Economy & Business

Food systems dialogue report presented to president Bio

Sierra Leone Telegraph: 17 September 2021: Minister of State in the office of the Vice President, Mrs Francess Piagie Algalie on Wednesday presented a report on the country’s food systems to President Dr Julius Maada Bio, noting that they have worked collaboratively with several partners to ensure the recommendations can [Read More]

Economy & Business

Senegal´s mining industry – cornerstone of the national economy

Miguel Artacho: Sierra Leone Telegraph: 15 September 2021: The mining sector is a core component of Senegal´s export industry and contributes strongly towards national revenue and foreign exchange. The government of Senegal aims to significantly increase foreign direct investment (FDI) into the extractive industries to support long-term economic development objectives [Read More]

Economy & Business

AfDB approves $50 million trade finance risk agreement with Standard Chartered Bank

Sierra Leone Telegraph: 15 September 2021: The Board of Directors of the African Development Bank Group has approved a $50 million Trade Finance Unfunded Risk Participation Agreement (RPA) facility between the African Development Bank and Standard Chartered Bank. The agreement is expected to boost intra-Africa trade, promote regional integration, and [Read More]

Economy & Business

Mitsubishi UFJ Financial Group (MUFG) partners with Invest Africa

Sierra Leone Telegraph: 15 September 2021: One of the world’s leading financial groups, Mitsubishi UFJ Financial Group (MUFG), is partnering with Invest Africa – the leading trade and investment platform for the Continent to support the region’s drive towards a sustainable recovery in the wake of the Covid-19 pandemic. The [Read More]

Economy & Business

EziPaySL names Vickie Remoe as Sierra Leone brand ambassador 

Sierra Leone Telegraph: 13 September 2021: EziPaySL – the money transfer app making it easier for Sierra Leoneans in the Diaspora to send money home, is proud to announce TV host, writer, and podcaster Vickie Remoe as its brand ambassador. Through this seasonal partnership, Remoe will be featured in EziPaySL’s [Read More]

Economy & Business

Bank Governor seems to have shaken a can of worms – prices are now flying

Dr. Dennis Bright – NGC Party Chairman: Sierra Leone Telegraph: 6 September 2021: Have you ever seen videos and pictures of Ministers and top officials visiting slum areas after a disaster? Did you notice the expressions of sorrow and sympathy on their faces? They almost want to cry!  But in [Read More]

Economy & Business

Taking covid vaccine is the only way out – NaCOVERC tells bars, restaurants, club and hotels

Sierra Leone Telegraph: 02 September 2021: Owners of bars, restaurants, clubs and hotels in Freetown, met with Ministry of Tourism and the National Corona Virus Emergency Response Centre (NaCOVERC) officials in Aberdeen, Freetown, where they discussed the impact of the pandemic on the tourism sector and leisure businesses. They also [Read More]