Economy

Sierra Leone’s President Bio Calls on Ukraine, Russia to Order

African leaders are “working to bring pressure” on Russia’s Vladimir Putin and others to end the war in Ukraine that has caused a cost of living crisis on much of their continent, according to the president of Sierra Leone. Julius Maada Bio, who is seeking re-election this month, said Africa “always suffers disproportionately” during global

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Maritime Boss To Make Salone White-Listed For Maritime Industry

Sierra Leone’s reinstated Executive Director of the Maritime Administration, Paul Sobba Massaquoi, has hit the ground running by attending the International Maritime Organization (IMO) general assembly. Massaquoi submitted Sierra Leone’s ratified and domesticated Maritime STCW statutory instrument to the IMO Secretary General, which prompted an IMO visit to Sierra Leone in April to assess the

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Sierra Leone: Orange, GIZ Inaugurate 14th Orange Digital Center in Africa, Middle East

Orange and the German Development Cooperation on Friday 10 February 2023 inaugurated the 14th “Orange Digital Center (ODC)”, in Sierra Leone, a digital ecosystem entirely dedicated to the development of digital skills and innovation. Government and regulatory authorities attended the inauguration in the country, among them the German Ambassador, members of the board of Orange Sierra

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$176m Investment in Port and Rail: ARISE IIP brings new hope

  With its investment of nearly $176 million in Sierra Leone’s port and rail facilities, ARISE Integrated Industrial Platforms (ARISE IIP) brings a bright future to the country. The funds will be used for the refurbishment of the Pepel-Tonkolili railway, Pepel Port, railway connectivity to Marampa Mines, passenger railway services, and a rail connection to

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CTC Bauxite Company Pays SLE1.9 Billion As Surface Rent in Port Loko

Commodity Trading Company (CTC), the new mega bauxite mining company, today, 29 January 2023, paid out SLE1.9 billion (old leones) as surface rent to residents and land-owning families in the Marampa and Maforki Chiefdoms in the Port Loko District in conformity with the mines and minerals law of the country.   Country Representative, Fassally Tarawally,

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Sierra Leone Engages Investors at African Energy Reception

Director General of the Petroleum Directorate of Sierra Leone, Foday B. L. Mansaray, implored investors to maximize the country’s upstream potential during the Invest in African Energy reception in London on Thursday, organized by the African Energy Chamber (www.EnergyChamber.org). Having launched its fifth licensing round last May, Sierra Leone (http://bit.ly/3EOMlXh) is seeking to advance in its nascent

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Jamaica, Sierra Leone Partner To Boost Tourist Levels

Jamaica and Sierra Leone are exploring plans to enter a joint partnership in a bid to widen their tourist catchment areas.   The countries will look to increase their tourist figures as both regions – the Caribbean and Africa – reset and reconfigure their sectors following the pandemic.   “With the strong historical and cultural

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$12 Million to Boost Drive for Sierra Leone’s Self-Sufficiency in Rice

The Board of Directors of the African Development Fund on Monday 12 December 2022 announced the approval of $12.16 million in additional grant funding for the Rice Agro-Industrial Cluster Project in Sierra Leone. The project was first approved in November 2021. The Sierra Leone Rice Agro-Industrial Cluster (SL RAIC) Project, in the rural floodplain areas

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