Economy & Business

Sierra Leone Telegraph: 30 July 2020: The government of Sierra Leone today received another major grant support from the World Bank’s International Development Association (IDA),  to boost investments in the country’s Small and Medium Sized Enterprises (SMEs) involved in the non-mining productive sectors. Sierra Leone’s economy must be diversified to [Read More]

Sierra Leone Telegraph: 30 July 2020: Last Friday, the Sierra Leone Investment and Export Promotion Agency (SLIEPA) and other Ministries, Departments and Agencies (MDAs) visited one of Sierra Leone’s newest farm produce exporting companies – Fresh Salone (SL) Ltd in Kobbaya, Kaffu Bollum Chiefdom, in the Port Loko district, as [Read More]

Sierra Leone Telegraph: 30 July 2020: Sierra Leone’s Ministry of Energy last week announced that it has reached agreement with Joule Africa, the developer of the Bumbuna II Hydroelectric Power Plant (“the Project”) over the cost and funding mechanism of the project. The government, nor Joule Africa has disclosed the [Read More]

Sierra Leone Telegraph: 29 July 2020: The COVID-19 pandemic has significantly impacted Sierra Leone’s medium-term growth prospects with the economy projected to contract by 2.3 to 4.0 percent in 2020 due to disruption in global trade, travel restrictions and domestic restrictions on mobility, according to the new World Bank Sierra [Read More]

Sierra Leone Telegraph: 29 July 2020: Sierra Leone’s Minister of Planning and Economic Development, Dr. Francis Kai-Kai yesterday Tuesday, launched the “Team Europe Initiative” aimed at supporting decentralized COVID-19 response in Sierra Leone. The “Team Europe Initiative” will support and strengthen Sierra Leone’s response in the most vulnerable communities. Both [Read More]

Sierra Leone Telegraph: 28 July 2020: President Julius Maada Bio of Sierra Leone has sacked his mining minister – Foday Rado Yokie, after two years of failing to improve the performance of the ministry in helping to revive the country’s exports revenue. Despite the government’s review of all mineral rights [Read More]

Sierra Leone Telegraph: 27 July 2020: Parliament of Sierra Leone last Friday, 24th July 2020 approved the government’s 2020 Financial Year Supplementary Budget and Statement of Economic and Financial Policies, tabled by the  Minister of Finance – Mr. Jacob Jusu Saffa. Presrenting his budget to MPs, the Finance Minister – [Read More]

Sierra Leone Telegraph: 26 July 2020: M Show releases her highly anticipated single titled “Gbera” which is produced, mixed and mastered by Boostmix. She is the 1st runner up of Whoepp Golden Chance contest. M Show’s love for music and life remains the driving force behind her music and ‘Gbera’ [Read More]

Sierra Leone Telegraph: 26 July 2020: The Mo Ibrahim Foundation has published its first Now Generation Network Survey findings on the impact of COVID-19, entitled “COVID-19 in Africa: what does it mean for young people?” The report analyses youth perspectives on the challenges Africa faces as a direct result of [Read More]