AGP Executive Report
Last update: 8 hours agoMining: Sierra Leone is seeking deeper mining ties with Russia, with talks under way on Russian firms, technology and expertise. Meanwhile, Marampa Mines is reportedly preparing to cut about 925 jobs as it restructures amid weak iron-ore prices and high freight costs. Ports and Trade: Freetown is among the West African ports facing congestion delays of more than 10 days, raising costs and disrupting cargo movements. The Sierra Leone Ports Authority is also expanding its port development and youth employment plans for 2027. Agriculture: The government is linking smallholder farmers with agribusinesses in Bo and backing poultry projects under the Feed Salone agenda. Sierra Leone has also offered land to Russian investors for coffee production, with the aim of building direct trade. Energy: Interest in Sierra Leone’s offshore sector is growing, with Shell, Eni, Marginal Energy and FA Oil pursuing exploration work; Marginal Energy’s commitment exceeds $225 million. The proposed Nigeria–Morocco gas pipeline could also pass through Sierra Leone.
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