Author: gleanernewspaper

By Chris Ugwu Access Bank Sierra Leone Limited has announced the appointment of Maurice Nathaniel Cole and four other non-executive directors. According to a press statement made available to Nairametrics by Access Holdings Plc, the new executives to its Board of Directors will further strengthen its leadership team and advance the implementation of its growth and transformation strategy. It added that the appointments also reflect the Bank’s commitment to fostering growth and development while maintaining the highest standards of governance and stewardship. Joining the Board as Non-Executive Directors are Maurice Nathaniel Cole, Nsikak N. Usoro, Michala Mackay, Ibrahim Khalil Lamin, and…

Director-General of the Ministry of Foreign Affairs and International Cooperation, Ambassador Victoria Sulimani, has assured visiting Chinese moguls that Sierra Leone is Safe for Business and Investment. The Ministry of Foreign Affairs and International Corporation on Monday welcomed a team of Chinese investors at their Tower Hill conference room. The team was accompanied by Sierra Leone’s Presidential Spokesman, Alhaji Alpha Kanu, who said the high-powered delegation comprised big investors from Shenzhen province in China, with portfolios that resonate with the government’s Medium Term Economic program and the Big Five Agenda. Ambassador Sulimani, on behalf of the Minister of Foreign Affairs…

DFC) Deputy Chief Executive Officer (DCEO) Nisha Biswal and Chief Minister of Sierra Leone David Moinina Sengeh (Third and second from right) The U.S. International Development Finance Corporation’s (DFC) Deputy Chief Executive Officer (DCEO) Nisha Biswal and Chief Minister of Sierra Leone David Moinina Sengeh today announced up to $412 million in financing and political risk insurance in support of the country’s plans to address rolling blackouts and expand its power system through renewable energy solutions in the future. DFC approved a new loan of up to $292 million to the Freetown-based Western Area Power Generation Project to help develop…

Sweden opened a Consulate in western Freetown, Sierra Leone, a process the Foreign Ministry Director General, Ambassador Victoria Sulimani, described as “a direct testament to the excellent bilateral relations that have evolved over the past years…”. Sweden’s Honorary Consul is Harish Agnani, who will now be serving a dual role as consul for Sweden and Norway, with both consulates housed in the same building at Rawdon Street, Central Freetown. Agnani expressed gratitude to Sierra Leone’s Foreign Minister and the Liberia-resident Swedish Ambassador to Sierra Leone and Liberia, Urban Sjostrom, for their significant roles and support in the process of entrusting…

The Sierra Leone Investment and Export Promotion Agency (SLIEPA) and the National Investment Board (NIB) have landed Nigerian investors for a scoping mission in Sierra Leone. The investors represented eight companies, with interests covering agribusiness, manufacturing, Small and Medium-size Enterprises (SME) Development, Financing, value addition etc. The three-day mission, spanning from the 5th to the 8th of May, 2024, was actualised through the support of the African Development Bank (ARDB) with a consulting service from WAVTEQ. During a meeting held at the Atlantic Lumley Hotel in Aberdeen, Freetown, the Minister of Trade and Industry, Mr. Ibrahim Alpha Sesay, addressed the…

In a world where corporate social responsibility is increasingly important and highly valued, China Railway Seventh Group (CRSG) stands out as a shining example of a company that prioritizes the well-being of its employees and the communities in which it operates. CRSG has made significant strides in improving its welfare system, ensuring that employees are paid on time without any arrears, and promoting gender equality and development in employment practices. One of the key highlights of CRSG’s commitment to its employees is its unwavering dedication to paying wages promptly, even during challenging times, such as the outbreak of COVID-19. Despite…

The Iceland Ambassador to Sierra Leone, Her Excellency Asdis Bjarnadottir, and a team comprising visiting Members of Parliament led by Dilja Mist Einarsdottir (Chair of the Parliamentary Committee on Foreign Affairs), Mr Logi Einarsonon (Member of the Foreign Affairs Committee in the Icelandic Parliament), Ms Elin Rosa Sigurdardottir (Director General of the International Development Cooperation Directorate of the Ministry of Foreign Affairs in Iceland and Head of the delegation) paid a courtesy call on the newly elected Speaker of Parliament, Hon Segepoh Solomon Thomas and the Leadership of Parliament on Friday 3/5/2024. In a meeting held at the Speaker’s Board…

The U.S. Trade and Development Agency (USTDA) and Africell Sierra Leone have joined forces to conduct a feasibility study aimed at expanding internet access across Sierra Leone. U.S. Ambassador Bryan Hunt emphasized the importance of this partnership in encouraging private sector-led investment, envisioning economic growth and job creation for Sierra Leone. Minister of Communications, Salima Bah, expressed gratitude for the investment, highlighting the pivotal role of digital infrastructure in Sierra Leone’s rapid digital transformation. The feasibility study will focus on constructing a 1,600-kilometer fibre backbone network nationwide and expanding fixed broadband networks, spearheaded by Africell Sierra Leone. CEO Shadi Al-Gerjawi…

Talks On May 7, Russian Foreign Minister S.V. Lavrov met with Sierra Leone’s Minister of Foreign Affairs and International Cooperation, M.T. Kabba, in Moscow to discuss further developing the friendly relations between the two countries. The discussions focused on deepening political dialogue and enhancing cooperation in trade, economics, humanitarian aid, and other areas. Both parties agreed to take additional steps to boost bilateral business cooperation, particularly in mining, geology, and energy. They emphasized the importance of implementing joint projects to strengthen economic ties between Russia and Sierra Leone. The talks also touched upon key international and African issues, including the…

At the U.S.-Africa Business Summit, Chief Minister Dr David Moinina Sengeh of Sierra Leone used his platform to reaffirm President Bio’s pledge to make sure that the country’s mineral resources benefit its people.  Dr. Sengeh emphasized that human capital is the nation’s most valuable resource and reaffirmed the government’s commitment to ensuring that education is both accessible and affordable for all. Dr. Sengeh covered several important topics, one of which was the government’s attempts to facilitate transactions for investors interested in the nation’s mineral resources. With support from the World Bank, he said, Sierra Leone has completed a thorough geological…