business

IMF Approves $248M to Boost Sierra Leone’s Economic Stability

Agriculture, Business, Economy, Politics /

The IMF’s support is designed to make Sierra Leone’s economy more resilient, lift living standards, and fight poverty through structural reforms and focused social programs. Sierra Leone will receive $248.5 million in financial support from the International Monetary Fund (IMF) to boost its economic resilience. Announced on October 31, the funding comes through a 38-month Extended Credit Facility, […]

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Morocco Reaches Out to Mano River Union for Regional Peace & Prosperity

Business, MRU, Politics /

Morocco has agreed with Mano River Union to foster cooperation ties in security, economy, investment, finance, education, technical assistance, and vocational training. The Mano River Union, which was established in 1973, includes Liberia, Sierra Leone, Guinea and Côte d’Ivoire. The four African countries and Morocco share the same views and goals to spur regional growth

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Sierra Leone in Advanced Stage to Negotiate 16 Years on Aviation Blacklist

Business, Economy, Politics /

Madam Barrie also highlighted initiatives to improve regional connectivity, with two airlines in discussions to link Sierra Leone with Liberia, Guinea, Senegal and Ivory Coast in West Africa Director General of the Sierra Leone Civil Aviation Authority (SLCAA), Musayeroh Barrie, has announced at the weekly government press conference that are making significant efforts to remove

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Sierra Rutile Holdings Announces Major Changes to its Board of Directors

Business, Economy, Politics /

Chairman Greg Martin emphasized that these board changes mark a natural transition as Sierra Rutile becomes a majority locally-owned business, highlighting the milestone of transforming into a predominantly Sierra Leonean-owned entity. Sierra Rutile Holdings Limited has announced significant changes to its Board of Directors following the acquisition of a majority share by Leonoil Company Limited.

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OPINION: Questioning Elektros Lithium Mining Project in Sierra Leone

Business, Opinions, Politics /

Such examples underline the critical need for due diligence when assessing new entrants into any industry in Sierra Leone, especially those like Elektros, which present themselves as pioneers in high-stakes sectors such as mining and renewable energy. The announcement of Elektros (OTC PINK) making significant strides in its Sierra Leone lithium mining project raises questions,

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 Top 3 Diving Spots in Sierra Leone

Business, Entertainment, Environment /

Divers here can encounter an array of fascinating fish, including parrotfish, angelfish, barracudas, and even the occasional shark. The islands also boast several shipwrecks, offering thrilling dive sites for more seasoned divers. With its breathtaking coastline, rich marine biodiversity, and clear, warm waters, Sierra Leone is quickly gaining attention as an exciting new destination for

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Essential Travel Tips for Your First Trip to Sierra Leone

Business, Economy, Entertainment /

For those with a bit more time, consider venturing beyond Freetown. A visit to Tiwai Island, a wildlife sanctuary home to rare primates and exotic birds, can provide an unforgettable experience. Alternatively, exploring one of the national parks, such as Outamba-Kilimi National Park, offers the opportunity to see the country’s wildlife in its natural habitat.

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Infinity Power Signs MoU With Sierra Leone

Business, Environment, Politics /

Infinity Power will collaborate closely with the Ministry of Energy to conduct feasibility studies, secure necessary permits, and finalize Power Purchase Agreements (PPA) with the Electricity Distribution and Supply Authority (EDSA). Infinity Power and the Government of Sierra Leone represented by the Ministry of Energy have officially signed a Memorandum of Understanding (MOU) to develop

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West African Bankers Association to Meet In Freetown

Business, Economy, Politics /

As a member of the ECOWAS Private Sector Group, WABA is involved in initiatives like the creation of a single currency, the ECOWAS Regional Payments System, and the centralised credit risk database, all aimed at fostering economic and monetary integration. The West African Bankers Association (WABA), an association of all the commercial and specialised banks

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