Public Management

Sierra Leone inaugurates new "modern” airport terminal

Sierra Leone inaugurates new "modern” airport terminal
Monday, 06 March 2023 17:44

In application of its 2021-2024 poverty reduction strategy “New Direction”, Sierra Leone is implementing several measures to develop all sectors of the country's economy. One of the sectors benefiting from these reforms is civil aviation, which authorities want to strengthen and transform.  

Sierra Leonne has inaugurated a new airport terminal, the Presidency announced last Sunday. According to the government, the terminal is worth $270 million.

The infrastructure built in Lungi is the result of an agreement between Sierra Leone and the Turkish government. It can handle up to one million passengers a year, five times the airport's current capacity. The initiative is part of the government's "New Direction" program, one of the objectives of which is "to develop a strong and transparent regional air transport system that is safe, reliable, efficient, affordable, well connected in West Africa and integrated into the global network.

"This airport is bigger and more modern and it has been built with zero cents in debt through the Build Operate and Transfer system. The Turkish people have used their  money to build this brand-new terminal and new facilities. We owe them nothing. After operating the airport for some years, they will give us the airport for free," said President Maada Bio.

Ultimately, this investment will create jobs, boost new growth sectors, support international trade, and attract new investments. The infrastructure is the largest Turkish private investment in sub-Saharan Africa. It will be powered by solar energy and battery technology, according to the Turkish company that built it.

On May 10, 2022, while opening the last session of the fifth Parliament, President Maada Bio clearly expressed his intention to improve safety and security in the country’s civil aviation by certifying the Freetown International Airport (FNA) to International Civil Aviation Organization's (ICAO) Standards and Recommended Practices (SARP).

Jean-Marc Gogbeu

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Ivory Coast–based NSIA Group created its own reinsurance company, Manzi Re, after receiving regulatory approval from the CRCA. NSIA appointed former...
Governments plan to raise CFA3,908.5 billion on the BEAC public securities market The total is down from CFA5,272.8 billion mobilized between...
Somalia is shifting from crisis management to policy-led reconstruction under IMF-backed reforms. Fiscal discipline and institutional rebuilding...
DR Congo launches FOREC, activating long-dormant economic regulation fund Fund to monitor markets, stabilise prices, protect household purchasing...
Most Read
01

Africa’s AI adoption is accelerating, but its ability to scale depends primarily on foundational i...

Africa’s Artificial Intelligence Moment : Infrastructure, Governance and the Path to Scale
02

African billionaires increased their combined net worth by $21.9 billion in 2025. Nigerian b...

Africa’s Billionaires Post Strong Gains as Global Wealth Hits Record
03

Development Partners International sold its 20.17% stake in Atlantic Business International for mo...

DPI Exits Atlantic Business International in $200 Million-Plus Deal
04

Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $...

Flutterwave Adds Open Banking With Mono Acquisition
05

Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other...

Africa’s Energy Boom in 2026 Puts AfCFTA at the Heart of Its Trade Response to US Tariffs
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.