By: Precious Miracle Kargbo
In a significant move aimed at enhancing the investment climate in Sierra Leone, Vice President Dr. Mohamed Juldeh Jalloh recently met with Chris Chijiutomi, Managing Director and Head of Africa for British International Investment (BII), to discuss opportunities for private sector engagement in key sectors, particularly energy and agriculture.
The meeting, held in Freetown, focused on the government’s ongoing efforts to attract foreign investment and promote economic growth through private sector participation. Vice President Jalloh emphasized the foundational role of the energy sector in driving overall economic development.
“We are committed to strengthening the investment landscape in Sierra Leone,” Jalloh stated. “The energy sector is crucial for unlocking growth and creating opportunities across various industries. With reliable energy, we can significantly enhance productivity and attract more investments.”
During the discussions, Jalloh outlined specific opportunities for private sector investment throughout the energy value chain, from generation to distribution. He stressed that a robust energy infrastructure would not only support the energy sector but also catalyze growth in agriculture and other vital areas.
Chijiutomi expressed enthusiasm for the potential investments in Sierra Leone, noting that BII is eager to support initiatives that foster sustainable development in Africa. “Our goal is to partner with governments to create an environment where businesses can thrive and contribute to economic prosperity,” he said.
The meeting comes at a time when Sierra Leone is actively working to improve its energy infrastructure to facilitate growth and attract foreign investors. The government has identified energy as a priority sector, recognizing its critical role in economic diversification and job creation.
Vice President Jalloh’s engagement with BII reflects Sierra Leone’s broader strategy to enhance private sector participation and improve the overall investment climate. By focusing on energy and agriculture, the government aims to build a more resilient economy capable of sustaining long-term growth.
As the country moves forward, the collaboration between the government and international investors like BII could pave the way for transformative projects that not only benefit Sierra Leone but also set a precedent for investment in West Africa.
With ongoing commitment and strategic partnerships, Sierra Leone is poised to unlock its potential, positioning itself as an attractive destination for international investment in the years to come.
