December 19, 2025

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Established 2009 – Serving the Diaspora – Rebranding Sierra Leone

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Economy & Business

Economy & Business

Sierra Leone to receive US$7.5 Million for COVID-19 response from World Bank

April 3, 2020 Abdul Rashid Thomas 7

Sierra Leone Telegraph: 3 April 2020: The World Bank today approved a US$7.5 million International Development Association (IDA) grant to help Sierra Leone respond to the threat posed by the Coronavirus outbreak and strengthen national systems for public health preparedness. The funds will fill critical financing gaps that have been [Read More]

Economy & Business

Physical distancing is still far from the minds of shoppers and commuters in Freetown

April 3, 2020 Abdul Rashid Thomas 0

Stom Koroma: Sierra Leone Telegraph: 3 April 2020: The streets of Freetown are busy this morning. Everybody is rushing either to go to the banks to withdraw cash, supermarket to buy provisions, bus station to travel or local market for foodstuffs. The prices of food items have risen like a [Read More]

Economy & Business

Why is Sierra Leone left out of USA financial response to COVID-19 pandemic in Africa?

April 2, 2020 Abdul Rashid Thomas 14

Sierra Leone Telegraph: 02 April 2020: The U.S. Government has announced that it is leading the world’s humanitarian and health assistance response to the COVID-19 pandemic, mobilizing all necessary resources to respond rapidly, both at home and abroad. The State Department and USAID are providing an initial investment of nearly [Read More]

Economy & Business

IMF approves US$23.5 million disbursement for Guinea

April 2, 2020 Abdul Rashid Thomas 1

Sierra Leone Telegraph: 02 April 2020: Yesterday, the Executive Board of the International Monetary Fund (IMF) completed its fourth review of Guinea’s economic performance under the program supported by an Extended Credit Facility (ECF). It said that completion of this review has enabled it to immediately disburse about US$23.5 million, [Read More]

Economy & Business

Sierra Leone could experience a big coronavirus crisis

March 30, 2020 Abdul Rashid Thomas 1

Bilal Coleman: Sierra Leone Telegraph: 30 March 2020: Sierra Leone may not have registered a single case of the coronavirus, but the global shock engendered by the virus has triggered a financial crisis that is reverberating in the country. It appears that the financial shock wave is running ahead of [Read More]

Economy & Business

COVID-19 likely to exact heavy toll on the malnourished, sick, and poor in Africa

March 29, 2020 Abdul Rashid Thomas 1

Sierra Leone Telegraph: 29 March 2020: The Continent’s relatively young population Is likely to be a mitigating factor, but constrained health systems and a high incidence of malnutrition and conditions such as HIV and tuberculosis will magnify the impact, according to a new report by the Boston Consulting Group (BCG). [Read More]

Economy & Business

Should coronavirus surface in Sierra Leone – what then?

March 28, 2020 Abdul Rashid Thomas 9

Dr. Johnathan S. Bangura (PhD): Sierra Leone Telegraph: 28 March 2020: There is a common sense case for a Diaspora Trust Fund to be established, as an economic recovery measure, for Sierra Leone to come out of this crisis even stronger. This week, we have seen many African leaders declaring [Read More]

Economy & Business

Sierra Leone Commercial Bank presents over Le5.1 Billion to president Bio

March 25, 2020 Abdul Rashid Thomas 3

Sierra Leone Telegraph: 25 March 2020: Yesterday, the leadership of the Sierra Leone Commercial Bank (SLCB), presented a whopping Five Billion, One Hundred and Thirty Million, Forty-Six Thousand, Six Hundred and Thirty-Six Leones and Thirty-Six Cents (Le5,130,046,636.36) cheque to president Bio in lieu of dividend paid to the government as [Read More]

Economy & Business

Sierra Leone may soon have an Idris Elba tourism empire

March 23, 2020 Abdul Rashid Thomas 3

Sierra Leone Telegraph: 23 March 2020: There are reports in the British media that Idris Elba is planning to open a luxury resort in Sierra Leone, once he recovers from the coronavirus, according to The Mirror. Idris who tested positive for the virus, had earlier expressed strong interest in investing [Read More]

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