economy

Sierra Leone’s Climate-Resilient Transport Infrastructure

Agriculture, Business, Economy /

The Sierra Leone Connectivity and Agricultural Market Infrastructure Project (CAMIP) will support all-season connectivity and access to jobs, markets, and services, particularly in rural areas where the lack of infrastructure has been a major barrier to economic development. The World Bank Board today approved a $74 million International Development Association (IDA) grant to enhance climate-resilient transport connectivity […]

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Russia To Reestablish in Sierra Leone After Decades

Business, Economy, Politics /

Russian Foreign Minister Sergey Lavrov recently hosted his counterpart from Sierra Leone, Timothy Kabba, in Moscow for discussions aimed at enhancing bilateral ties.  During the meeting, Kabba extended congratulations to Russian President Vladimir Putin on his reelection victory and subsequent inauguration. “Today I am very pleased to be here to help deepen and strengthen cooperation

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$412 Million to Promote Access to Reliable Energy in Sierra Leone

Business, Economy, Politics /

“Sierra Leone’s vision for a sustainable energy future is becoming a reality,” said DCEO Biswal. “DFC is proud to support the country’s first, large, utility-scale, independent power project and lay the foundation for reliable and affordable electricity in Sierra Leone.” The U.S. International Development Finance Corporation’s (DFC) Deputy Chief Executive Officer (DCEO) Nisha Biswal and Chief

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Russia Mulls Nuclear Project in Sierra Leone

Business, Economy, Politics /

Sierra Leone’s Foreign Minister said his country has been experiencing an energy crisis and welcomed Russia’s investments in the energy sector. Russian Foreign Minister Sergey Lavrov has said that Moscow and Sierra Leone were mulling cooperation in peaceful nuclear energy, including the possibility of the construction of a nuclear power plant in the West African

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Government Instructs Sierra Rutile to Resume Operations

Business, Economy, Politics /

The government of Sierra Leone has instructed ASX-listed Sierra Rutile to recommence mining activities in Area 1 by the end of the month. The government of Sierra Leone has instructed ASX-listed Sierra Rutile to recommence mining activities in Area 1 by the end of the month. The government views Sierra Rutile’s suspension of mining at Area 1 as a violation of

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Sierra Leone Launches National Strategic Plan to Grow Tourism

Economy, Entertainment, Politics /

Sierra Leone has launched the country’s first-ever National Strategic Tourism Plan. The landmark project, in collaboration with the World Bank Sierra Leone Economic Diversification Project (SLEDP), was launched by Mohamed Juldeh Jalloh, vice president, on behalf of Julius Maada Bio, president of Sierra Leone. The event drew government officials, parliamentarians, the mayor, and international partners, underscoring

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Africa World Airlines Partners Travelport in Strategic Move

Business, Economy, MRU, Politics /

Africa World Airlines also plans to resume flights to Freetown in Sierra Leone and Monrovia in Liberia later this year, says Head of Commercials, Jonathan Appiah, who emphasises that this partnership aligns with the airline’s strategic goals of increasing passenger traffic and expanding its operational reach. Africa World Airlines has entered into a strategic partnership

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African Leaders Unveil Bold Transformation Agenda Backed by Powerful New Coalition

Agriculture, Economic, Politics /

In a historic show of unity, 19 African Heads of State assembled at a major summit committed to focusing development aspirations across the continent. This ambitious agenda, aiming to dramatically improve lives and create new opportunities, positions the World Bank’s International Development Association (IDA) as a cornerstone for success. Beyond pronouncements, the summit witnessed the

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MCC To Negotiate for Proposed $480M Sierra Leone Compact

Economy, Politics /

Vice President in charge of Congressional and Public Affairs in the United States of America, Aysha House, on Friday 12 April 2024 sent a Congressional Notification outlining the Millennium Challenge Corporation’s intent to negotiate a $480,669,000 Millennium Challenge Compact with the Government of Sierra Leone. The proposed compact will assist the Government of Sierra Leone

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