Dutch development bank FMO, in partnership with TCX, issued the first ever synthetic Sierra Leonean Leone bond (SLL). The bond with an equivalent $7,5 million countervalue (around 85 billion Sierra Leonean Leone), has a term of 36 months. FMO issued the notes with the support of ING who placed them with international investors seeking the diversification benefits and expected yield pickup of the Leone. The investors bought FMO’s triple-A rated...Read More
Four visually impaired pupils have suffered injuries when fire ripped through the female dormitory of the Milton MargaiSchool for the Blind on Wilkinson Road in Freetown late on Sunday. The fire partially destroyed a two-storey building and property worth millions of Leones. The immediate cause of fire is yet to be established, but eyewitness account suggests that there was oscillation of electricity in the school a couple of hours before...Read More
More than 370 inmates were granted bail and 234 discharged across the country following the review of 870 cases by the judiciary of Sierra Leone during the nationwide Judicial Week (from 31st January to 4th February 2022). The Judiciary said in a statement on Thursday that, the Access to Justice Through Judicial Week is a huge success with many cases handled and completed by 26 Judges who were deployed across...Read More
Sierra Leone’s Minister of Culture and Tourism, Hon. Dr. Memunatu Pratt and World Monuments Fund (WMF) announced on Thursday the signing of a Memorandum of Understanding for a preservation project to save Old Fourah Bay College in Cline Town, Freetown. The Project is funded by the U.S. Embassy in Freetown. Old Fourah Bay College was the first western-style university in sub-Saharan Africa and is a living testament to idealism and...Read More
Brussels, Belgium, Thursday 17 February 2022 – President Dr Julius Maada Bio has talked about sustainable ways of achieving long term development, as one of four keynote speakers at this year’s EU-AU Summit, the others being President Filipe Nyusi of Mozambique, Prime Minister Cleopas Sipho Dlamini of the Kingdom of Eswatini and Prime Minister Ulisses Correia e Silva of Cape Verde. “In Sierra Leone, over the last four years, my...Read More
