Economy & Business

Sierra Leone Telegraph: 26 May 2024: The Port of Antwerp will no longer be used by oil companies and traders to export so-called dirty fuels to West Africa. The Belgium government banned the export of toxic motor fuels that are highly harmful to public health and the environment. Belgium’s Minister [Read More]

Sierra Leone Telegraph: 25 May 2024: The African Development Bank is the driving force behind one of the world’s most ambitious energy projects: the Desert to Power initiative aims to bring energy to one of the least developed and most marginal parts of the continent. This transformative and bold effort [Read More]

Sierra Leone Telegraph: 16 May 2024: Boasting 60% of the world’s best solar resources, Africa’s solar power potential presents multiple opportunities for investors seeking long-term, scalable financial prospects. A panel session during this year’s Invest in African Energy (IAE) 2024 forum explored strategies to unlock financing for renewable energy projects [Read More]

Sierra Leone Telegraph: 9 May 2024: The U.S. International Development Finance Corporation’s (DFC) Deputy Chief Executive Officer (DCEO) Nisha Biswal and Chief Minister of Sierra Leone David Moinina Sengeh yesterday announced up to $412 million in financing and political risk insurance in support of the country’s plans to address rolling [Read More]

Sierra Leone Telegraph: 30 April 2024: Sierra Leone’s President Julius Maada Bio Joins Colleague Heads of State in Kenya for the International Development Association Heads of State Summit Speaking at the summit, President Bio highlighted the need for decisive and collaborative actions from African governments, the international community, and reliable [Read More]

Sierra Leone Telegraph: 30 April 2024: In a resounding address at the 2024 International Development Association (IDA) Summit held in Nairobi, President Nana Addo Dankwa Akufo-Addo of Ghana emerged as a leading voice, advocating for a groundbreaking initiative: the doubling of funding for the IDA. Amidst a backdrop of global [Read More]

Sierra Leone Telegraph: 30 April 2024: “Africa does not need that sustainable underdevelopment; Africa needs socio-economic transformation. You cannot have quantitative growth and you think you are doing anything,” he said. The President made the remarks yesterday during the World Bank’s International Development Association (IDA)- Africa Heads of State summit [Read More]

Siera Leone Telegraph: 22 April 2024: Eyewitness News journalist Murtala Mohamed Kamara has reported to the BBC that the capital city of Freetown is currently facing a severe power outage. According to Kamara, the situation is equivalent to a “near permanent black out” and is causing major struggles for businesses, [Read More]

Dr Doma: Sierra  Leone Telegraph: 20 April 2024: In coming days, Sierra Leone marks yet another year of independence for which citizens are left pondering on the perennial question: why does progress always seem to elude us? Despite the passing years, the government’s promises of New Direction remain nothing but [Read More]