Economy & Business

Afreximbank invests $1.86 million to rejuvenate Afri-Caribbean trade and cultural ties

Sierra Leone Telegraph: 4 July 2024: African Export-Import Bank (Afreximbank) has signed an agreement to avail a Project Preparation Facility in favour of the of Government of the Commonwealth of The Bahamas to develop and implement an Afro-Caribbean Marketplace. Once implemented, the Afro-Caribbean Marketplace will comprise 90 outlets dedicated to [Read More]

Economy & Business

MCC Board finally approves $480 million grant to develop Sierra Leone’s energy sector

Sierra Leone Telegraph: 27 June 2024: The U.S. government’s Millennium Challenge Corporation – an independent agency working to reduce global poverty through economic growth by providing grants and assistance to countries that meet rigorous standards for good governance, fighting corruption and respecting democratic rights, has announced its decision to fund [Read More]

Economy & Business

Sierra Leone among other African countries launching or concluding oil and gas licensing rounds in 2024

Sierra Leone Telegraph: 13 June 2024: With a strong slate of exploration and production activities and competitive licensing rounds in 2024, Africa is well-positioned to realize its potential as the global energy frontier. These bid rounds are poised to cement Africa as a global hub for hydrocarbon development. Licensing rounds [Read More]