Freetown, SIERRA LEONE – Sierra Leone’s government recently engaged in discussions with Moroccan investors, focusing on trade, investment, and collaborative opportunities. Minister of Trade, Sesay, affirmed that the investors’ presence is a testament to President Julius Maada Bio’s commitment to positioning the country as an attractive destination for foreign direct investment.
Minister Sesay highlighted President Bio’s personal engagement with the King of Morocco and potential investors during his visit to Morocco, extending an invitation for them to invest in Sierra Leone. He underscored the importance of the Moroccan investors’ arrival, signifying a strong commitment from both governments to strengthen their relationship. Minister Sesay acknowledged the pivotal role played by Ambassador Atumani Dainkeh, Sierra Leone’s Ambassador to Morocco, in facilitating the visit.
The Moroccan investors expressed interest in diverse sectors, including agriculture, tourism, energy, water, and fisheries. Minister Sesay emphasized Morocco’s development driven by its citizens and the benefits of south-south cooperation in attracting foreign direct investment.
Ambassador Isam Taib, representing Morocco in Sierra Leone, expressed gratitude for the warm welcome and hospitality, marking the beginning of a new economic partnership and south-south cooperation between the two nations. He thanked President Bio for the invitation extended during his Morocco visit and highlighted Morocco’s interest in various sectors, including agriculture, food security, energy, water management, hydro, and tourism.
Zahra Maafiri, Head of the Moroccan delegation from Zafrixe Consulting Group for international trade and investment, expressed pride in being part of the delegation. She shared discussions about potential investments initiated two years ago at the Sierra Leone Embassy in Rabat. Maafiri praised Sierra Leone’s potential in sectors like agriculture, education, digitalization, and tourism. She expressed her intention to share positive experiences with other investors upon her return to Morocco.
Foreign Affairs Minister Timothy Musa Kabba highlighted President Bio’s initiative to engage Moroccan business people, emphasizing the similarities between Sierra Leone and Morocco, both featuring limited physical borders and vast coastlines. Minister Kabba expressed Sierra Leone’s eagerness to learn from Morocco’s development model and appreciated the delegation’s alignment with President Bio’s five-game changer agenda, particularly in agriculture.
Edward Hinga Sandi (PhD,) Executive Director of the National Investment Board, thanked Minister Sesay for organizing the bilateral engagement. He conveyed President Bio’s focus on private sector contribution to national economic development and expressed the desire for investors to spend more time in Sierra Leone.
During the session, each ministry presented investment opportunities within their respective sectors, with investors expressing eagerness to contribute to Sierra Leone’s growth. The discussions concluded with mutual enthusiasm for future collaborations and increased trade and investment between the two nations. MJB/10/1/2024