Category: Business & Finance

Freetown, September 24, 2025 –  Sierra Leone’s industrial landscape is set for a major upgrade as IFC, the private sector arm of the World Bank Group, injects $24 million into MACCEM Industries SL Limited to build the country’s first cement grinding plant in four decades.

Freetown, September 23rd 2025- The Ministry of Fisheries and Marine Resources has submitted a budget request of NLe312.9 million for the 2026 Financial Year during hearings at the Ministry of Finance. The proposed allocation covers both recurrent expenditures and public investment programmes aimed at strengthening the sector’s contribution to national revenue and food security.

Freetown, September 22nd 2025- In Sierra Leone’s fast-evolving financial landscape, mobile money has become as indispensable as traditional banking. Services like Orange Money and Afri-Money now anchor daily commerce from market women settling payments with wholesalers to professionals paying bills with a simple tap. With just a SIM card and a PIN, users can store and move thousands of new Leones, bypassing the need for a bank account entirely.

Freetown, Sierra Leone, 23rd September 2025- In a bid to deepen bilateral ties, Sierra Leone has officially joined The Canada-Africa Chamber of Business, following the signing of a Memorandum of Understanding (MoU) during the 2025 Sierra Leone-Canada Trade, Investment and Cultural Show.

ACCRA, Ghana Sierra Leone’s Finance Minister, Sheku Fantamadi Bangura, has opened a new chapter in regional mining collaboration with a strategic visit to Ghana’s GoldBod headquarters. The meeting, held on Thursday, September 18, 2025, with GoldBod CEO Sammy Gyamfi, focused on how Sierra Leone could adapt Ghana’s gold management framework to curb smuggling, boost transparency, and increase government revenues.