Economy & Business

Sierra Leone’s macroeconomic weaknesses need to be addressed to achieve sustained economic recovery 

Moses A. Kargbo: Sierra Leone Telegraph: 7 August 2021: Addressing macroeconomic weaknesses and implementing reforms to mitigate their risks to growth will be critical for a sustained inclusive economic recovery that supports poverty reduction, according to a new World Bank economic analysis for Sierra Leone. The 2021 Sierra Leone Economic [Read More]

Economy & Business

No need to lament about oil discovery in Namibia’s Kavango Basin – think about its benefit to Namibians?

NJ Ayuk: Sierra Leone Telegraph: 7 August 2021: Six months ago, Canadian oil and gas company Reconnaissance Energy Africa Ltd. (“ReconAfrica”) began exploratory drilling in the deep Kavango Basin of northeast Namibia and into northwest Botswana. The company holds a total licensed area of 8.5 million acres in the area, [Read More]

Economy & Business

Sierra Leone’s economy recovering from Covid contraction but uncertainties persist – says new World Bank report

Sierra Leone Telegraph: 7 August 2021: Sierra Leone’s economy is projected to recover from the COVID-19 contraction with real GDP expected to rebound by 3.0 percent in 2021, an upward revision of 0.8 percentage point relative to the 2020 forecast, according to the new World Bank ‘Sierra Leone Economic Update’ [Read More]