Economy & Business

Sierra Leone Telegraph: 13 February 2021: President Julius Maada Bio of Sierra Leone yesterday announced a new Le100 Billion National Enterprise Development Fund, at a well-attended event in the northern town of Magburaka. The fund will support micro, small and medium-sized businesses that are struggling to gain access to finance [Read More]

Amin Kef Sesay: Sierra Leone Telegraph: 12 February 2021: Indisputably, in any nation, the private sector is considered to be the engine of economic growth rather than the public sector, as it creates jobs as well as contributes towards internal mobilization of revenue through the payment of taxes which, in [Read More]

Sierra Leone Telegraph: 6 February 2021: Following the publication yesterday of allegations made in parliament this week by the opposition APC party parliamentary leader – Chernor M. Bah, accusing the Bio-led government of secretly permitting the Chinese mining company – Kingho Mining Company Ltd to ship millions of dollars worth [Read More]

Sierra Leone Telegraph: 06 February 2021: Sierra Leone’s Minister of Planning and Economic Development Dr. Francis Kai-Kai held a meeting yesterday Friday, with a visiting ECOWAS delegation and members of the National Project Committee (NCP) – a Task Force established for the ECOWAS Logistics Depot construction project in Lungi, Freetown, [Read More]

Sierra Leone Telegraph: 5 February 2021: Last week, the African Telecommunications Union (ATU) and the African Network Information Centre (AFRINIC) signed a partnership that paves way for secure and efficient internet connectivity for African countries. The agreement by the two industry leaders hopes to realize enhanced broadband development in the [Read More]

James Samba: Sierra Leone Telegraph: 31 January 2021: As we start a new decade, President Julius Maada Bio of Sierra Leone faces the daunting task of rebuilding a deteriorating economy that is beset by staggering corruption and the appointment of incompetent officials, in the past decade. Principled leadership is required [Read More]

Sierra Leone Telegraph: 29 January 2021: The World Bank Board of Executive Directors today approved a $50 million grant from the International Development Association (IDA) to improve access to electricity in Sierra Leone and enhance institutional capacity and commercial management of the sector. The project will also be co-financed with [Read More]

Sierra Leone Telegraph: 29 January 2021: Pula, an African InsureTech service provider that specialises in digital and agricultural insurance to derisk millions of smallholder farmers across Africa, has closed a $6mn Series A fundraise. The Series A fund was led by TLcom Capital, with the participation of Women’s World Banking. [Read More]

Amin Key Sesay: Sierra Leone Telegraph: 29 January 2021: The European Union Office in Freetown has announced that it is giving 18 million Euros to  the government of Sierra Leone to help pay for the country’s loan repayment to the IMF. In a statement published last Monday, the EU said [Read More]