Economy & Business

Sub-regional development banks urged to scale up financing to accelerate Africa’s development

Sierra Leone Telegraph: 17 March 2025: The role of sub-regional multilateral development banks (MDBs) in advancing Africa’s development objectives took centre stage during a high-level panel discussion held on the sidelines of the Fifty-Seventh Session of the Economic Commission for Africa (ECA) Conference of African Ministers of Finance, Planning, and [Read More]

Economy & Business

Sierra Leone’s electricity sector hits rock botton as EDSA is accused of shameful admission of failure

Mackie M. Jalloh: Sierra Leone Telegraph: 12 March 2025: For the first time in Sierra Leone’s history, citizens have been subjected to the most disgraceful and insulting press release from the Electricity Distribution and Supply Authority (EDSA). This pathetic excuse of a statement, blaming the dry season for the country’s [Read More]

Economy & Business

Sierra Leone implements Commonwealth Secretariat software to manage its $1.08 billion public debt

Sierra Leone Telegraph: 8 March 2025: Sierra Leone has implemented Meridian, an advanced Commonwealth Secretariat software, to better manage its public debt portfolio of USD 1.08 billion. This upgrade will enable the government to track loans and repayments in real time, improving financial transparency and decision-making. At the government’s request, [Read More]

Economy & Business

Afreximbank and Kenyan government ink milestone agreements to promote industralisation

Sierra Leone Telegraph: 02 March 2025: African Export-Import Bank (Afreximbank), Africa’s foremost trade development Bank, last week in Mombasa, Kenya, ratified a series of initiatives designed to support Kenya’s industrialisation and export-led development agenda. Under the terms of the initiatives, formalised at a signing ceremony with the Kenyan authorities, Afreximbank [Read More]

Economy & Business

EIB backs Africa Finance Corporation $750 Million Climate Resilient Infrastructure Fund

Sierra Leone Telegraph: 27 February 2025: The European Investment Bank (EIB) has committed to join Africa Finance Corporation (AFC) in financing a $750 million Infrastructure Climate Resilient Fund (ICRF). This landmark initiative will accelerate climate adaptation and sustainable infrastructure across Africa. As part of this commitment, the EIB today confirmed [Read More]