Economy & Business

Sierra Leone Telegraph: 09 June 2020: The total cumulative number of confirmed coronavirus cases in Sierra Leone has now reached 1,001, as 32 new cases were reported yesterday. But the number of people dying from the virus continues to remain very low. There has been no report of any new [Read More]

Pedro de Vasconcelos: Sierra Leone Telegraph: 09 June 2020: The economic impact of the COVID-19 pandemic has led to the loss of millions of jobs in the developed and developing world. Migrant workers are among the most directly affected. They work in economic sectors adversely impacted by the economic slowdown [Read More]

Sierra Leone Telegraph: 9 June 2020 Recovery and resilience were the central themes as the members of the World Tourism Organization’s Regional Commission for Africa (CAF) met for the 63rd time today. (Photo: Aberdeen Beach, Freetown, Sierra Leone).  Reflecting the extraordinary circumstances, the meeting was held virtually, bringing together Ministers [Read More]

Sierra Leone Telegraph: 08 June 2020: FAO’s State of the World’s Fisheries and Aquaculture 2020 tracks growing fish production and consumption, and highlights the promise of sustainability actions Worldwide per capita fish consumption has reached a new record of 20.5 kilograms per year and is poised to increase further in [Read More]

Sierra Leone Telegraph: 08 June 2020: Over the weekend, the 11th OPEC and non-OPEC Ministerial Meeting concluded on a series of decisions which will help maintain a still fragile market stability, and which should be supported. Held via videoconference on Saturday, June 6th, the Ministerial Meeting reconfirmed the existing arrangements [Read More]

Sierra Leone Telegraph: 06 June 2020: The World Bank Group’s Board of Executive Directors discussed a new Country Partnership Framework for Sierra Leone for 2021-2026, which prioritizes investments in human capital, job creation, economic diversification and building a resilient health system. Prior to the COVID-19 crisis, Sierra Leone’s economy grew [Read More]

NaCSA: Sierra Leone Telegraph: 06 June 2020: Following the declaration of State of Public Health  emergency by the Government of Sierra Leone to prevent the spread of the Covid-19 pandemic, the National Commission for Social Action (NaCSA) has been on the frontline; providing not only cash transfers, social services and [Read More]

Sierra Leone Telegraph: 06 June 2020: Yesterday, the Executive Board of the International Monetary Fund (IMF), announced that it has approved the disbursement of SDR36.17 million (US$50 million – equivalent to 1.7 percent of the country’s GDP) to be drawn under the Rapid Credit Facility (RCF) in support of the [Read More]

Sierra Leone Telegraph: 05 June 2020: For the past five decades, the African Development Bank AfDBGroup has been at the forefront of driving Africa’s economic transformation, leveraging its diverse resources and unique know-how as an indigenous development finance institution. (Photo above: AfDB President Adesina). The Bank has delivered on its [Read More]