Economy & Business

Sierra Leone government signs railway development agreement with ARISE Integrated Industrial Platform Ltd

Sierra Leone Telegraph: 22 January 2023 The Government of Sierra Leone last Tuesday signed the Pepel Port and Pepel – Tonkolili Railway Development, Expansion and Management lease agreement with a company called ARISE Integrated Industrial Platforms Ltd. According to the Minister of Mines and Mineral Resources, Timothy Kabba, this agreement [Read More]

Economy & Business

‘We must find solutions to the country’s peculiar economic challenges’ – President Bio tells new finance minister

Sierra Leone Telegraph: 18 January 2023: Last Monday, President Bio of Sierra Leone presided over the oath-swearing of his new Minister of Finance, Sheku Ahmed Fantamadi Bangura, amid calls for a change of government at the polls on 24th of June, as the government struggles to address the economic difficulties [Read More]

Economy & Business

Rising inflation to over 43% in just five months will hit the poor hardest – says Sierra Leone’s Monetary Policy Committee

Sierra Leone Telegraph: 9 January 2023: The Monetary Policy Committee (MPC) of the Bank of Sierra Leone met on 29th December 2022 under the Chairmanship of the Governor, Professor Kelfala Kallon to review recent developments in the global, regional, and domestic economies and financial markets, and their implications for  Sierra [Read More]

Economy & Business

World Bank approves additional financing to strengthen resilience of food systems in Sierra Leone

Sierra Leone Telegraph: 17 December 2022: An additional 516,700 people in Sierra Leone will benefit from a $50 million International Development Association (IDA) additional financing approved this week by the World Bank, under the second phase of the West Africa regional Food Systems Resilience Program (FSRP-2). According to the World [Read More]

Economy & Business

Sierra Leone has opportunity to increase economic growth but faces challenges in improving citizens’ welfare – says new World Bank Report

Sierra Leone Telegraph: 17 December 2022: Sierra Leone faces many challenges in improving the welfare of the population, but increased investment in education provision and quality skills, can help more Sierra Leoneans access formal opportunities which could lead to improvement in living standards and reduction of poverty, according to the [Read More]