Sierra Leone – Sector.Africa

MONEY, PEOPLE & POWER: The 10 bank CEOs who control 80% of Uganda’s banking sector – CEO East Africa

June 25, 2020June 25, 2020 Sector.Africa AdministratorAfrica, Agriculture, Bank, Bank of Baroda, Banks, Billboard, books, Brand, Business, Chief financial officer, Citibank Uganda, Communication, consumer, Corporate finance, Diamond, Finance, Government, Interest, Life, Loans, major, Marketing, MIT, mobile app, Money, Over, Retail, Sierra Leone, Small business, Stanbic Bank, Standard Chartered, Trade, Zambia0 comment

1. Anne Juuko Chief Executive, Stanbic Bank 2019 Asset Value: UGX6.6 trillion Market Share: 20.2 per cent Industry Rank: 1 Stanbic Bank has maintained the top spot in the banking sector ever since the acquisition of a majority stake (80per cent) in Uganda Commercial Bank (UCB) back in 2001. Getting to the top spot was the easy bit – despite the politics around the acquisition. Remaining at the top, ahead of the chasing pack is where all credit is due to the bank shareholders and management that have given the…

Education

Sierra Leone’s former minister of education Minkailu Bah has died

May 28, 2020 Sector.Africa AdministratorAll People's Congress, Countries, Ernest Bai Koroma, Geography of Africa, Government of Sierra Leone, Julius Maada Bio, Magburaka, Minkailu Bah, Northern Province, Sierra Leone, Tonkolili District0 comment

Dr. Minkailu Bah, who served as minister of education, science and technology in the APC government led by Ernest Bai Koroma, passed away at his home in Magburaka, Tonkolili district in the early hours of this morning. Dr Bah also served as National Advisory Committee member of the country’s main opposition APC party – the party’s most powerful decision-making organ, as well as Chairman of its Tonkolili District branch, since 2009. In a short statement published this morning, the National Secretary General of the APC party, said: “The All Peoples…

Agriculture

Sierra Leone signs MoU with Liberia for joint management of Gola Rain-forest National Park

February 26, 2020February 26, 2020 Sector.Africa AdministratorA.I, Agriculture, Countries, Culture, Economic Community of West African States, Geography of Africa, Gola, Gola Rainforest National Park, Government, Interest, Least developed countries, Liberia, Life, Member states of the African Union, Member states of the United Nations, Mining, Pseudopontia gola, Sierra Leone0 comment

The Governments of Sierra Leone have signed a Memorandum of Understanding (MOU) with Liberia to jointly manage the protection of the Gola Rainforest National Park on Tuesday 18 February 2020 at the C. Cecil Dennis Hall, Ministry of Foreign Affairs, Liberia. Sierra Leone’s Deputy Minister of Agriculture Samking Koihinah Braima, signed on behalf of Sierra Leone, and Liberia’s Foreign Minister Gbezhongar Findley signed on behalf of Liberia. The management agreement is an amended Memorandum of Understanding, which obligates both parties to jointly share the management of the forest, including the…

Financial Services

Research by World Bank Officials Reveals $190m Rwanda Help is Transfered to offshore Havens

February 25, 2020 Sector.Africa AdministratorBank, Bank account, Banking, Commonwealth republics, Countries, Economy, Ethiopia, GDP, Geography of Africa, Ghana, International taxation, Kenya, Malawi, Member states of the African Union, Member states of the Commonwealth of Nations, Member states of the United Nations, Mining, Money, Offshore bank, Rwanda, Sierra Leone, Transport, Uganda, World0 comment

Former World Bank primary economist and associates from 2 European universities have actually published a long-awaited research study in which they show that worldwide help to poorest nations like Rwanda, is rather being retransferred to offshore sanctuaries. The research study was done by Cent Goldberg, a World Bank chief economist, who resigned two weeks earlier from her task when the leaks about the research study emerged. The other colleagues are– Jørgen Juel Andersen of BI Norwegian Service School and Niels Johannesen of the University of Copenhagen and CEBI. The last…

Advertising Education Startups Technology

Digital innovators are trying to plug gaps in Nigeria’s broken education system

February 25, 2020 Sector.Africa AdministratorAfrica, Business, Countries, Education, Ghana, Government, Infrastructure, Lagos, Liberia, Nigeria, Parent, Sierra Leone, Sim Shagaya, Startup0 comment

There’s an easy way to check how much of a priority education is to the Nigerian government: look at the national budget. Last year, the allocation for education stood at less than 10% of the entire $29 billion budget—much less than the 26% recommendation for developing countries by the United Nations Educational Scientific and Cultural Organisation (UNESCO). Years of perennial underfunding of education has seen infrastructure whittle while teaching standards and quality continue to fall short, especially at government-owned schools. Wise to the shortcomings of the national education system and…