Economy & Business

Ruling SLPP party operatives in President Bio’s government departments accused of stealing public funds

Andrew Kamara: 13th January 2024: In a shocking revelation by Sierra Leone’s ministry of finance yesterday, seven people believed to be SLPP party operatives working across various government departments, have been caught stealing a staggering Le12 billion (Old Leones). Disturbingly, this financial malfeasance occurred in December 2023, bringing into question [Read More]

Economy & Business

President Bio’s fiscal irregularities: The devil is in the Auditor General’s 2022 Report

Dr Doma: Sierra Leone Telegraph: 9 January 2023: In a clear revelation, the Auditor General’s report for the financial year ended 2022 sheds light on concerning financial practices within various government ministries and departments. The report, while highlighting instances of irregularities, prompts a closer examination of the transparency and governance [Read More]

Economy & Business

President Bio sells multi-million-dollar offshore oil exploration blocks to Nigerian Billionaire  

Sierra Leone Telegraph: 30 December 2023: FA Oil, an upstream vehicle of billionaire businesswoman Folorunso Alakija, has been awarded a substantial offshore oil exploration right in Sierra Leone by President Bio. According to media reports, Sierra Leonea’s Petroleum Directorate (PDSL) awarded six blocks to FA Oil under a single petroleum [Read More]

Economy & Business

President Bio signs memo with China for construction of $1.5 Billion bridge amid growing poverty and political unrest

Sierra Leone Telegraph: 6 December 2023: The government of Sierra Leone has signed a memorandum of understanding with China Road and Bridge Corporation and the Atepa Group’s architectural firm, for the construction of a 5 miles long bridge across Freetown to Lungi, at an estimated cost of $1.5 billion, government [Read More]

Economy & Business

Commonwealth unveils framework to help African countries implement Living Lands Charter

Sierra Leone Telegraph: 5 December 2023: A new implementation framework was launched yesterday to facilitate coordinated action among the 56 Commonwealth countries, including African member states, on land, biodiversity and climate challenges, directly impacting a quarter of the world’s land area. The Commonwealth Secretariat unveiled the Living Lands Charter Implementation [Read More]

Economy & Business

Cities need the right finance and policy environment to scale work on renewable energy, energy efficiency and just transition -Says Mayor Aki-Sawyerr

Sierra Leone Telegraph: 3 December 2023: C40 Co-Chair and Mayor of Freetown – Yvonne Aki-Sawyerr, delivered a powerful statement at the UN Secretary-General’s event on Non-State Actor Ambition: Implementation of the High-Level Expert Group report Integrity Matters at COP28. This is what she said: “Dear Excellencies, “Mayors are at the [Read More]