Economy & Business

Sierra Leone’s dream of reliable electricity receives a boost from United States IDFC loan

Sierra Leone Telegraph: 12 December 2024: The U.S. International Development Finance Corporation (IDFC) on Tuesday, announced the first disbursement out of a $292 million loan to support CECA SL Generation Limited, an entity that will construct and operate a 105MW combined-cycle power plant in Freetown, Sierra Leone through a project [Read More]

Economy & Business

A new agenda for African philanthropy: Catalyzing funding to accelerate Africa’s transformation

Gbenga Oyebode: Sierra Leone Telegraph: 09 December 2024: For decades, Africa has grappled with a legacy of colonialism, political instability, and uneven economic development, leading to perceptions of the continent as one in need of external assistance and causing the label ‘the Dark Continent’ to take on a new connotation. [Read More]

Economy & Business

Liberia’s President Boakai Signs three executive orders to boost national development

Sierra Leone Telegraph: 01 December 2024: Joseph Nyuma Boakai, Sr., President of the Republic of Liberia, has issued three critical Executive Orders aimed at fostering economic growth, enhancing national infrastructure, and supporting key state-owned enterprises. These Executive Orders represent the President’s commitment to addressing urgent national priorities and ensuring sustainable [Read More]

Economy & Business

AfDB and partners plan to make Abidjan-Lagos corridor highway a potent economic and industrial hub

Sierra Leone Telegraph: 27 November 2024: The Abidjan-Lagos corridor highway will link the cities of five major West African countries by 2030, and is set to become a powerful economic and industrial hub courtesy of the Spatial Development Initiative promoted by the African Development Bank (AfDB). This 1,028-kilometre transnational coastal [Read More]