Economy & Business

Sierra Leone awaits the arrival of Manor River Union electricity

Sierra Leone Telegraph: 26 May 2020: Intermittent eletricity supply has had a massive impact on Sierra Leone’s economy in the last ten years. Billions of Dollars have been lost in productivity and economic growth  as industry, public instititons and households suffered the perenial shortage of energy. Although the current government [Read More]

Economy & Business

Kenya receives €188m AfDB loan to boost COVID-19 response

Sierra Leone telegraph: 22 May 2020: The Board of Directors of the African Development Bank, today approved an €188 million loan to support the Government of Kenya’s efforts to respond to the COVID-19 pandemic and mitigate the related economic, health and social impacts. The loan will extend additional resources to [Read More]

Economy & Business

Sierra Leone National Tourist Board disputes claim of terrorism in Sierra Leone

Sierra Leone Telegraph: 21 May 2020: Following recent spate of violence and lawlessness across various parts of Sierra Leone, president Julius Maada Bio responded with a speech – accusing opposition politicians of terrorism and inciting violence. Many feared the president’s speech could have unduly portrayed Sierra Leone as a country [Read More]

Economy & Business

Sierra Leone needs $309 million to address COVID-19 impact on the economy – says government

Sierra Leone Telegraph: 20 May 2020: The government of Sierra Leone yesterday published its long-awaited COVID-19 economic risks and impact assessment report, as well as its plans for financing the actions it will take to mitigate those risks and the huge costs involved. The government’s response plan does not come [Read More]

Economy & Business

Sierra Leone Central Bank Governor wages war on illegal forex trading

Sierra Leone Telegraph: 18 May 2020: As Sierra Leone’s exchange rates against major global currencies continue to fall, the governor of the country’s Central Bank – Kelfala M. Kallon, has issued another stern warning to those trading in foreign currencies illegally. In March this year, Kallon gave an ultimatum to [Read More]

Economy & Business

Anti-Corruption Commission indicts former head of procurement on corruption offences

Sierra Leone Telegraph: 16 May 2020: Sierra Leone’s Anti-Corruption Commission (ACC), last Wednesday, filed indictment charges against Sahr Kemokai, former Head of Procurement at the Sierra Leone Maritime Administration (SLMA), on nine counts of corruption offences. He was charged to court on three counts of abuse of office, contrary to [Read More]

Economy & Business

Mo Ibrahim Foundation announces the 2020 Ibrahim Leadership Fellows

Sierra Leone Telegraph: 13 May 2020: The Mo Ibrahim Foundation is pleased to announce the selection of the 2020 intake of Ibrahim Leadership Fellows, who make up the programme’s ninth cohort. The incoming Fellows include Hainan Taifour (Sudan), who joins the International Trade Centre (ITC), Eliam Kadewele (Malawi), who joins [Read More]

Economy & Business

President Bio has spoken – but where do we go from here?

Mohamed Majid Kamara: Sierra Leone Telegraph: 11 May 2020: Following our president, H.E. Julius Maada Bio’s address to the nation, as a patriotic Sierra Leonean living in Pennsylvania, United Sates of America (U.S.A.) – a neutralist, and a progressive, I thought that I should express my views. I commend the [Read More]

Economy & Business

Sierra Leone’s economic outlook overshadowed by COVID-19 – says IMF

Sierra Leone Telegraph: 05 May 2020: “Noting the serious risk posed by the global COVID-19 pandemic, IMF Directors welcomed the decisive actions taken to protect the health of the population and to minimize potential economic spill overs.” That was the conclusion of a IMF review conducted in March 2020, of [Read More]