By Alusine Sesay
Freetown, August 7, 2026 – During the 2026 Supplementary Budget proceedings, Minister of Finance Hon. Sheku Ahmed Fantamadi Bangura urged Parliament to prioritize investment in expanded port infrastructure to support Sierra Leone’s growing economy.
The Minister stressed that the country can no longer rely solely on its existing port capacity. He proposed the development of additional ports, including a dedicated facility for bulk mineral exports, while other ports would handle general cargo and commercial activities.
Bangura warned that congestion at current facilities is already constraining trade and investment. He argued that inadequate port capacity could undermine future growth, stressing that Sierra Leone must build infrastructure not just for today’s economy but for the larger, more competitive economy it seeks to become.
“Economic growth requires infrastructure that can grow with it,” he told lawmakers.
Current Challenges Faced by Importers
Recent engagements between the Sierra Leone Ports and Harbours Authority (SLPHA) and importers highlighted several pressing issues:
- Delays in clearance – Importers report waiting weeks or even months to secure goods due to bottlenecks in customs and forwarding processes.
- High demurrage fees – Prolonged delays force businesses to pay heavy storage charges, increasing operational costs.
- Haulage costs – Rising transport fees for trucks moving goods out of the port add to expenses.
- Limited port capacity – The physical space at Freetown Port cannot accommodate the growing volume of containers.
- Documentation inefficiencies – Incorrect invoices and poor declaration practices slow down customs clearance.
Economic Impact
- Inflation pressures – Rising freight and clearance costs are directly passed on to consumer prices, exacerbating inflation in an import-dependent economy.
- Business losses – Companies face higher operating costs, reduced competitiveness, and cash flow challenges due to delays.
- Investment deterrent – Inefficient logistics discourage foreign investors and limit Sierra Leone’s ability to benefit from regional trade.