Sierra Leone’s Environment Protection Agency (EPA) has announced a landmark achievement, securing an unprecedented USD 26,225,000 in financial guarantees from 11 mining companies to fund mine rehabilitation and environmental restoration.
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The latest consumer price data has revealed sharp contrasts in the cost of Sierra Leone’s staple foods, with sweet potatoes climbing 16%, chicken showing modest increases, and rice largely stable. The figures highlight the uneven pressures facing households as food inflation continues to reshape spending patterns.
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A new financial inclusion survey has revealed that 82% of micro, small, and medium enterprises (MSMEs) in Freetown did not apply for loans in the past year, underscoring a suppressed demand for credit and exposing structural weaknesses in Sierra Leone’s financing ecosystem.
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More than one in three small businesses in Freetown, 36.4%, operate without any bank account, according to new data from the Center for Africa Financial Inclusion and Advancement (CAFIA). The findings expose a critical gap in Sierra Leone’s financial inclusion drive, even as digital access expands.
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A coalition of civil society organizations has sounded the alarm over what they describe as a “blatant breach” of Sierra Leone’s public financial management laws, after 44 public entities failed to submit their annual financial statements for the 2025 financial year.
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