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
Zahid Group acquired 100% of Barloworld for 23 billion rand ($1.4 billion) through a consortium called Newco. The transaction triggered Barloworld’s...
Gabon’s banking penetration rate reached 25.06% as of Dec. 31, 2023, according to the BEAC. BCEG signed a partnership with Bamboo Microfinance on...
Sahel Capital provided a $2.4 million working-capital loan to Kuapa Kokoo Limited on Jan. 26, 2026. The financing flowed through SEFAA,...
Debt funding rose to $1.64 billion in 2025, a record for Africa Debt accounted for 41% of total start-up capital invested Kenya led debt...
Most Read
01

The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...

South Africa’s BoxCommerce Partners with Mastercard on SME Fintech Solution
02

Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...

Togo accounts for 16.2% of cross-border bank financing in WAEMU
03

Circular migration is based on structured, value-added mobility between countries of origin and host...

Circular migration as a lever to turn Africa’s student exodus into value
04

President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...

Nigeria approves targeted incentives to speed up Shell’s Bonga South West project
05

Africa’s trade deficit with China widened 64.5% to $102 billion in 2025 Chinese exports ...

Africa’s Trade Gap With China Hits Record $102B Even as Beijing Expands Duty-Free Access
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.