By: Aminata Sesay
The Parliament of Sierra Leone has ratified a $60 million investment agreement between the Government of Sierra Leone and Kissy Industry Limited, aimed at accelerating agro-industrial growth, expanding palm oil production, and creating thousands of jobs nationwide.
Originally tabled in Parliament on July 3, 2025, the agreement outlines strategic provisions for the expansion of operations by Kissy Industry Limited one of Sierra Leone’s leading agro-processing and manufacturing firms.
Presenting the deal, Minister of Trade and Industry, Ibrahim Alpha Sesay, highlighted the company’s strong track record in national development and local production. He positioned the agreement as a significant step toward enhancing Sierra Leone’s agricultural value chain, increasing processing capacity, and improving employment opportunities in rural communities.
Members of Parliament broadly welcomed the agreement, while also emphasizing the need for oversight and accountability.
Chairperson of the Trade Committee, Hon. Veronica Kadie Sesay, acknowledged the company’s achievements but pointed out that some prior employment commitments had not been fully met. She called for stricter enforcement mechanisms and urged for the inclusion of transparent monitoring and evaluation systems moving forward.
“Progress has been made, but we must ensure full compliance with employment and environmental obligations,” she noted.
From the opposition, Hon. Abdul Karim Kamara (Kambia District) commended the company’s contributions to the agricultural sector and its role in boosting productivity and national income. He urged Parliament to give the company time to meet its broader development targets.
“This is the kind of strategic investment that can drive sustainable economic growth,” he said.
Hon. Charles Abdulai (Bo District) described the agreement as “straightforward and beneficial,” and encouraged support for further industrial expansion, citing the long-term advantages for both domestic markets and export opportunities.
While supporting the agreement, Leader of the Opposition, Hon. Abdul Kargbo, cautioned against the potential environmental risks associated with large-scale palm oil production. He stressed the importance of implementing environmental safeguards to prevent deforestation, pollution, and ecosystem degradation.
“Industrial development must go hand in hand with responsible environmental management,” he emphasized.
Acting Leader of Government Business, Hon. Bashiru Silikie, concluded the debate by thanking MPs for their bipartisan support. He reaffirmed the government’s commitment to promoting and protecting local businesses, while holding them accountable for delivering on promises.
He also urged the Parliamentary Trade Committee to conduct rigorous oversight, particularly in areas of job creation, environmental compliance, and corporate social responsibility.
“This agreement sends a strong message that Sierra Leone is open for business—but not without expectations of transparency, accountability, and real development impact,” Hon. Silikie stated.
The ratification of the Kissy Industry Limited agreement marks a bold step in Sierra Leone’s push to industrialize its agricultural sector. With the potential to transform palm oil production, generate employment, and attract more investors, the deal reinforces the country’s vision for sustainable, inclusive economic development.