Freetown, 8th April 2026 — The Sierra Leone Ports and Harbours Authority (SLPHA), through Freetown Terminal Limited (FTL), will transfer US$8 million to the Government of Sierra Leone as dividend for 2025, marking another year of steady growth in port revenues.
This payout reflects a consistent upward trend: US$4 million in 2023, US$7 million in 2024, and now US$8 million in 2025. The figures highlight improved financial performance driven by reforms and modernization at the Freetown Port.
Officials say the remittances are critical to national development, funding infrastructure, maritime security, and public services. The port’s rising contributions underscore its role as a backbone of Sierra Leone’s economy.
In addition to dividend payments, FTL is investing US$25 million in the rehabilitation of berths 3, 4, 5, and 6 under its concession agreement. The project aims to expand capacity, improve efficiency, and position Freetown Port as a competitive hub in West Africa.
The port’s growing revenues and infrastructure upgrades are vital for boosting trade, attracting investment, and strengthening Sierra Leone’s fiscal position at a time when foreign reserves remain under pressure.
