Economy & Business

Rising inflation to over 43% in just five months will hit the poor hardest – says Sierra Leone’s Monetary Policy Committee

Sierra Leone Telegraph: 9 January 2023: The Monetary Policy Committee (MPC) of the Bank of Sierra Leone met on 29th December 2022 under the Chairmanship of the Governor, Professor Kelfala Kallon to review recent developments in the global, regional, and domestic economies and financial markets, and their implications for  Sierra [Read More]

Economy & Business

World Bank approves additional financing to strengthen resilience of food systems in Sierra Leone

Sierra Leone Telegraph: 17 December 2022: An additional 516,700 people in Sierra Leone will benefit from a $50 million International Development Association (IDA) additional financing approved this week by the World Bank, under the second phase of the West Africa regional Food Systems Resilience Program (FSRP-2). According to the World [Read More]

Economy & Business

Sierra Leone has opportunity to increase economic growth but faces challenges in improving citizens’ welfare – says new World Bank Report

Sierra Leone Telegraph: 17 December 2022: Sierra Leone faces many challenges in improving the welfare of the population, but increased investment in education provision and quality skills, can help more Sierra Leoneans access formal opportunities which could lead to improvement in living standards and reduction of poverty, according to the [Read More]

Economy & Business

Sierra Leone’s small and medium sized enterprises set to improve productivity and competitiveness

Sierra Leone Telegraph: 15 December 2022: Thanks to UK-government funded initiative – Invest Salone, small and medium sized enterprises (SMEs) in Sierra Leone are receiving invaluable support, aimed at improving investment and export readiness, productivity and competitiveness. Following initial assessments conducted earlier this summer, small and medium sized enterprises (SMEs) [Read More]

Economy & Business

World Bank approves $100 million to improve Sierra Leone government transparency and accountability

Sierra Leone Telegraph: 11 December 2022: The World Bank announced last week that is has approved the Second Inclusive and Sustainable Growth Development Policy Financing (DPF), with a $100 million grant which it says will support the Government of Sierra Leone to improve natural resource governance, enhance inclusiveness, and strengthen [Read More]