Economy & Business

West Africa gets a new currency – it’s called the ECO

Sierra Leone Telegraph: 2 July 2019: Starting next January 2020, countries within the West African sub-region will be able to use a single currency called the ECO. The new single currency was adopted by the ECOWAS Heads of State and Government last Saturday, in Nigeria’s capital Abuja, after decades of [Read More]

Economy & Business

Sierra Leone – We will remain focused and never be distracted

Puawui – Dr. Sama Banya: Sierra Leone Telegraph: 30 June 2019: “I am delighted to open this investors’ conference on the Tender process for the proposed Lungi Bridge. It is one of our priority areas for investment leading to economic diversification. “We believe infrastructural investment should not burden the country [Read More]

Economy & Business

President Bio to speak about 3D Printing and Block Chain technology at a conference in Uganda

Sierra Leone Telegraph: 29 June 2019: President Julius Maada Bio is in Abuja, Nigeria where he is attending the 55th Ordinary Session of the Authority of Heads of State and Government of the Economic Community of West African States (ECOWAS). The 55th Ordinary Session of the Authority of Heads of [Read More]

Economy & Business

IMF approves $21.6 million for Sierra Leone – a vote of confidence

Sierra Leone Telegraph: 28 June 2019: The International Monetary Fund (IMF) has announced that it has today, 28 June 2019, completed its review of Sierra Leone’s economic performance. And as a result of this review, it has agreed to disburse the sum of $21.62 million to the government of Sierra [Read More]

Economy & Business

Liberia needs to improve private sector confidence in its reform agenda – says IMF

Sierra Leone Telegraph: 27 June 2019: A mission from the International Monetary Fund (IMF) led by Mika Saito, visited Monrovia June 12 – 24, 2019 to discuss possible financial support under the Extended Credit Facility. According to the IMF, the mission supports the authorities’ objectives of restoring macroeconomic balance in [Read More]

Economy & Business

Sierra Leone’s new economic development minister vows to take development to the people

James Samba: Sierra Leone Telegraph: 25 June 2019: Sierra Leone’s newly appointed minister of planning and economic development – Dr. Francis Kai-Kai, has vowed to go all out to ensure that, under his leadership, national planning and economic development processes follow a ‘people-centred’ approach. Speaking in an exclusive interview, he [Read More]