In a courtesy visit paid by, Dr. George Agyekum Donkor, President of the ECOWAS Bank for Investment and Development (EBID), to President Dr. Julius Maada Bio, on Tuesday, February 20, 2024. The meeting he extended condolences to President Bio and the Jalloh family for the loss of Mrs. Agnes Deen-Jalloh, the President’s elder sister.
Chief Minister, David Moinina Sengeh, introduced the EBID delegation, highlighting the purpose of their visit, which stemmed from President Bio’s prior invitation to the Bank to invest in Sierra Leone. Acting Minister of Finance, Kadiatu Alie, disclosed that constructive discussions had already taken place regarding ongoing and prospective projects, as well as innovative strategies for increased collaboration with EBID.
Expressing gratitude for the warm reception, Dr. Donkor reiterated the commitment of EBID to bolstering Sierra Leone’s development efforts. He emphasized the alignment of EBID’s objectives with Sierra Leone’s Medium-Term National Development Plan, praising the government’s initiatives in areas such as economic diversification, governance, and gender equality.
Dr. Donkor announced EBID’s intention to invest $200 million in Sierra Leone, particularly in projects like the construction of Kono University. He assured President Bio of EBID’s unwavering support in implementing the country’s development agenda, emphasizing the bank’s dedication to strengthening bilateral ties.
In response, President Bio welcomed the EBID delegation and expressed satisfaction with the bank’s commitment to enhancing cooperation with Sierra Leone. Acknowledging past shortcomings in leveraging opportunities with EBID, President Bio pledged to intensify collaboration to maximize mutual benefits.
Highlighting his administration’s focus on education and agriculture, President Bio underscored the pivotal role of EBID’s investment in driving economic growth and ensuring food security. He urged EBID to explore opportunities to expand its investment portfolio in Sierra Leone, particularly in support of agricultural initiatives.
The meeting concluded on an optimistic note, with both parties reaffirming their commitment to fostering a robust partnership for the socio-economic advancement of Sierra Leone. As EBID pledges its support, Sierra Leone looks forward to leveraging this collaboration to propel its development aspirations forward.
