A significant move to drive Sierra Leone’s economic development was made as Parliament ratified a $60 million agreement between the Government and Kissy Industry Limited. Debated and passed on Thursday, July 10, 2025, the deal aims to expand industrial operations in the oil palm sector, while fostering job creation and increasing national revenue.
The ratified document, originally presented to Parliament on July 3, 2025, formalizes an agreement signed in January 2025. During the debate, the Minister of Trade and Industry, Ibrahim Alpha Sesay, outlined the background and contributions of Kissy Industry Limited to the nation’s socio-economic landscape. He emphasized that the company’s expansion would significantly benefit agriculture, employment and local industry, urging Parliament to approve the deal.
Chairperson of the Parliamentary Committee on Trade, Hon. Veronica Kadie Sesay, endorsed the agreement but stressed the need for full implementation of its provisions. She pointed out that some employment commitments from the earlier agreement had not been fulfilled and called on the company to uphold its obligations.
Supporting the ratification, Opposition Whip, Hon. Abdul Karim Kamara of Kambia District praised the company’s contribution to agricultural productivity and national GDP. He advocated for additional time to be granted to Kissy Industry Limited to fully realize its developmental goals. “This is the kind of initiative we need to grow our economy,” he remarked.
Hon. Charles Abdulai from Bo District also welcomed the agreement, describing it as “non-controversial” and necessary for national progress. He commended the diverse product line of Kissy Industry Limited and encouraged broader investment and expansion in the industrial sector.
Delivering the final opposition remarks, Minority Leader, Hon. Abdul Kargbo, declared full support for the agreement, noting its potential to generate youth employment, boost export earnings and enhance Government revenue. However, he cautioned against possible environmental consequences associated with oil production and urged the Government to implement safeguards to mitigate pollution risks.
Concluding the debate, Acting Leader of Government Business, Hon. Bashiru Silikie, thanked Members of Parliament for their insightful contributions. He encouraged the Parliamentary Committee on Trade and Industry to intensify oversight on industrial agreements. Additionally, he highlighted the importance of protecting local producers and called for stronger corporate social responsibility commitments from Kissy Industry Limited.
With the ratification, the $60 million Kissy Industry Agreement is now poised to be a cornerstone in Sierra Leone’s industrial transformation, promising economic dividends, job opportunities, and increased investor confidence.
