Mining deals should boost Sierra Leonean government

Significance

However, with arbitrators ruling in favour of SL Mining, the government was left with little choice but to negotiate a deal that will see mining restart at the Marampa mine. Nevertheless, Marampa's revenues will be welcomed by newly appointed finance minister, Denis Vandi, who was a surprise choice in President Julius Maada Bio’s April cabinet reshuffle given that he was initially named as a person of interest in a public funds corruption inquiry.

Impacts

• The National Revenue Authority is set to exceed annual revenue generation targets for 2021.
• Investigations by the Anti-Corruption Commission into former President Ernest Bai Koroma remain open.
• The president’s ability to influence key ministries have been strengthened by the latest cabinet reshuffle.