Nimai, a leading corporate finance and transaction advisory firm, has successfully facilitated a complex transaction between the International Finance Corporation (IFC) and Kadat Food and Beverages (SL) Limited. This deal secures a loan for the Sierra Leonean soft drinks and fruit juices producer, enabling the company to boost productive capacity, create employment opportunities, and strengthen local agriculture value chains by sourcing more from local farmers. The loan is financed by...Read More
By Sallieu S. Kanu On August 29, 2024, the Government of Sierra Leone and the European Union signed a landmark Financing Agreement for the “Nature Nourishes” Programme. This agreement represents a significant step forward in the collaborative efforts between the EU and Sierra Leone to promote environmental protection and human development across the nation. In line with the Global Gateway strategy of the EU, “Nature Nourishes” also focuses on providing...Read More
By Fatima Kpaka Pierra Martin Gomez, who was accused of defrauding an American citizen Frezin Nickson over US$45,000 has denied the allegations, stating that he did not defraud anyone. He explained that he and the complainant Nickson operated a company involved in the mining of gold. Gomez added that Nickson is his long-term friend, and they agreed to operate a mining business in Kabala, adding that Nickson has 70% of...Read More
By Stephen V. Lansana On Thursday, August 29, 2024, the Ministry of Foreign Affairs and International Cooperation (MFAIC) has requested Le 324, 132, 302.00 for the Financial Year 2025 The striking budget proposal was made during the Bilateral Budget Discussions with Ministries, Departments and Agencies (MDAs) which was organized in collaboration with the Ministry of Planning and Economic Development (MoPED) in Freetown. The proposed budget was presented by the Assistant...Read More
By Desmond Tunde Coker Head Coach of Leone Stars, Amidu Karim has named his 25-man squad for Leone Star’s upcoming Africa Cup of Nations 2025 Qualifiers between Chad and Zambia on September 6 and 10, respectively. Before the announcement, the Board Chairman of the National Sports Authority, Ibrahim Nylenkeh, applauded the Leone Stars technical team for their relentless efforts in getting the team together ahead of AFCON, stressing the need...Read More
