Increase Text Size Decrease Text Size Default Text Size
 
OOPS. Your Flash player is missing or outdated.Click here to update your player so you can see this content.
Featured Links:
Banner
ExpoNet
EXpoNet Services!
Banner
Subscribe Now
Subscribe Now.
Sierra Leone Gets US$4 Million Grant PDF  | Print |  E-mail
News
Written by Expotimes   
Monday, 27 February 2017 11:24

FREETOWN, February 24, 2017 - Sierra Leone will receive US$4 million from the World Bank Group's Global Environment Facility (GEF) for strengthening the national legal and regulatory framework, institutional development, strengthening fisheries monitoring, control and surveillance to reduce illegal, unreported and unregulated fishing activities.

A large part of the funding will be used for supporting coastal communities to have better fishing practices, handling, processing and storing of fisheries products and data collection. Funding will also be provided for livelihoods transfer grants to individuals in fishing communities to better improve livelihoods.

Funding for the fisheries sector in West Africa has been provided through the West Africa Regional Fisheries Program (WARFP) which is a program covering Cape Verde, Liberia, Senegal and Sierra Leone. Funding for the Sierra Leone component had been halted in 2014. This grant signals re-engagement of World Bank in the fisheries sector.

The grant agreement was signed between the Minister of Finance and Economic Development, Momodu L. Kargbo and the World Bank Country Manager, Parminder Brar on 8th February 2017. The negotiations for this grant were led by the Ministry of Fisheries and Marine Resources (MFMR).

"The Ministry of Finance and Economic Development welcomes this new grant from the World Bank for the fisheries sector, which has proven to be crucial for food security during and after the Ebola outbreak,"said Momodu L. Kargbo, Minister of Finance and Economic Development. "This grant is a step in the right direction to begin the second phase of WARFP preparation and will help support the Ministry of Fisheries and Marine Resources to improve the management and regulation of the fisheries sector to ensure the sustainability of our fisheries resource."

Long-term economic, social, and ecological success in the fisheries sector requires awareness and behavior change at all levels. The project will help strengthen the capacity at both the Ministry level and the community level so both the top-down and bottom-up approaches can play important roles.

"The fisheries sector currently provides close to 80% of the protein to the population of the country. This sector has great potential to further increase food, nutrition, employment, and income to Sierra Leoneans,"said Parminder Brar, World Bank Country Manager for Sierra Leone. "Sierra Leone has one of the best fishing grounds in the world that need to be nurtured for harvesting the wealth of the ocean in a sustainable manner. It is good that the Government has taken proactive steps to strengthen the Joint Monitoring Centre and the patrol boat has been active. We look forward to working with the Government to ensure that revenues from fisheries are increased, the artisanal sector and fishing communities are strengthened and illegal fishing is reduced."

The fisheries sector in Sierra Leone has the potential to bring food security and boost the country's revenue, as it supports direct employment of around 100,000 people and indirect employment of as much as 10% of the population. The country could sustainably generate US$186 million each year, US$74 million of which can be generated from the industrial segment targeting high value species (demersal).

The West Africa Regional Fisheries Program's development objective is to support countries to maintain or increase priority fish stocks and the benefits that they can provide to the region, with a focus on benefits for poverty reduction and food security.

Contacts:
World Bank Sierra Leone Office: Moses A. Kargbo, +23276 345930, This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

Editorial

26th IPRA Conference in Sierra Leone Ends on a High Note

The International Peace Research Association (IPRA) successfully held its 26th General Conference on ‘Agenda for Peace and Development: Conflict Prevention, Post-Conflict Transformation, and the Conflict, Disaster Risk and Sustainable Development Debate’ in collaboration with the 10TH Dealing With Disasters Series, Northumbria University (UK)and Sakarya University (Turkey) and  the University of  Sierra Leone at the Bintumani Conference Centre in Freetown, Sierra Leone from November 27 to 1st December 2016.

Read more...

Business News

Managing Director of Rokel Commercial Bank, speaks to The Worldfolio about the investment opportunities in Sierra Leone

John D. Okrafo-Smart, Managing Director of Rokel Commercial Bank, speaks to The Worldfolio about the investment opportunities in Sierra Leone and gives his insight into the banking landscape.

Excerpts shared by Sheriff Mahmud Ismail

The Government of Sierra Leone is placing great priority in improving the business climate, enhancing infrastructure and support to private sector development. In line with the government focus, the Central Bank is targeting price stability in support of economic recovery, enhancing monetary policy instruments and liquidity management and also limiting intervention in the foreign exchange market, which will be important to preserve foreign exchange reserves.

The above measures will help in the strengthening of the banking system to support financial intermediation. Commercial banks are thus poised to benefit and take advantage of the improved economic and business environment by offering better services to their customers, including loans and overdrafts and forex to import, thereby creating wealth and boosting government revenue.

Read more...

Media News

Two veteran Journalists, now in the United States have paid a courtesy call on Sierra Leone's Ambassador

Two very respected and veteran Journalists who are in the United States of America for various reasons have called on Sierra Leone’s Amr. Bockari Kortu Stevens not only to appreciate the work of the Embassy, but also to pay courtesy as protocol demands.

Mr. Rod Mac-Johnson, former Lecturer Fourah Bay College, former Director of Information Ministry of Information and Communications, Former Director Sierra Leone News Agency (SLENA), Former Chairman Independent Media Commission (IMC) and stringer French News Agency  etc. is on vacation and Mr. Cyril Juxon Smith Director Information and Communications House of Parliament, former Acting Director General Sierra Leone Broadcasting Service (SLBS) and former UNESCO Media Consultant  is in the United States of America to attend the funeral of his father.

Speaking at the Ambassador’s residence on 4821 Colorado Avenue, Washington DC  Mr. Rod Mac-Johnson said “Thank  you Amr. Stevens for accommodating us in the middle of your tight schedule, and also to discuss with us in a homely spirit.

Read more...

Commentary

Dr. Tam Baryoh’s Only Crime!

Boris Johnson as a Journalist worked at The Times and Daily Telegraph newspapers. He edited The Spectator newspaper between 1999 and 2006. He was Member of Parliament for Henley from 2001 to 2008 and was also Mayor of London. He is a member of the Conservative Party and the current UK Foreign Secretary.

Nnamdi Azikiwe was to serve as the first president of independent Nigeria from 1963 to 1966. He opened and edited a number of newspapers in Ghana and Nigeria and later became an active politician. Obafemi Awolowo was a great Nigerian politician. He also was an active journalist and edited The Nigerian Worker, amongst other publications.

There is a clear link between politics and journalism though, there seems to be a very thin boundary, or perhaps, “a reflective door in the firewall, such that with time, politicians and journalists cross the line changing roles and moving from side to side,” argues Aminat Afolabi in a piece, titled ‘Politics and Journalism, the Interwoven Relationship between Them.”

Read more...

View Point

The APC Convention: A political façade, if not a joke!

Thanks to AYV partnered by AFCOM, I was able to followthe live coverage of the APC and SLPP conventions on my mobile phone from my base in the UK.It was good that both conventions took place simultaneously last week end (October 15-16, 2017) because, at the very least, it provided the opportunity to those keenly following the two historic events to compare and contrast them, not least in terms of democratic processes and procedures. Let me start by talking about how I saw the APC convention held in Makeni, then compare,and contrast it with what I saw at the SLPP convention held in Freetown.

Read more...

News - Press Release

EU Election Exploratory Mission meets Minister of Foreign Affairs and International Cooperation

(MFAIC Press Office, 18th October, 2017). The European Union Election Exploratory Mission to Sierra Leone led by Head of European Union Delegation to Sierra Leone, H.E. Tom Vens has paid a working visit to the Minister, Dr. Samura M.W. Kamara and Senior Management Staff of the Ministry of Foreign Affairs and International Cooperation, at the Ministry’s office in Tower Hill, Freetown.

Ambassador Tom Vens stated that the EU Election Exploratory Mission is in Sierra Leone following an invitation by the Government of Sierra Leone for EU Electoral assistance, and to further discuss the role of the Ministry of Foreign Affairs and International Cooperation in facilitating EU Observer Mission for the March 2018 elections in the country. The EU Election Exploratory Missionas part of its mandate is in the country to draft and finalise the MOU with the Government of Sierra Leone through the Foreign Ministry.

Read more...

Society -Local News

The State of World Population 2017: Unchecked inequality and failure to protect the rights of poorest women could undermine peace and world’s development goals, new UNFPA report warns

• Only about half of the world’s women hold paid jobs

• Globally, women earn 77 per cent of what men get

• Three in five women worldwide lack maternity leave, many pay “motherhood penalty”

Freetown, SIERRA LEONE, 17 October 2017-Unless inequality is urgently tackled and the poorest women empowered to make their own decisions about their lives, countries could face unrest and threats to peace and development, according the The State of World Population 2017, published today by UNFPA, the United Nations Population Fund.

The costs of inequalities, including in sexual and reproductive health and rights, could extend to the entire global community’s goals, adds the new UNFPA report, entitled, “Worlds Apart: Reproductive Health and Rights in an Age of Inequality.”

Read more...

Development

U.S. Ambassador launches National Early Warning Systems Project, funded by USAID

On Wednesday, October 18, U.S. Ambassador to Sierra Leone, Maria E. Brewer, announced the official launch of the USAID West Africa-funded “Mitigating Election Violence through National Early Warning Systems” (NEWS) project and the inauguration of the National Elections Response Group in Sierra Leone.

Supported by $500,000 from USAID, NEWS is implemented by the West African Network for Peacebuilding (WANEP) in Sierra Leone. The focus is to monitor and identify potential electoral violence triggers and assist government and non-government organizations in Sierra Leone to better mitigate them.
The National Elections Response Group (NERG) is a partnership under the NEWS project, between WANEP, the Inter-Religious Council, the Campaign for Good Governance, government stakeholders, representatives from the National Electoral Commission, the Ministry of Internal Affairs, Office of National Security (ONS) and a number of civil society organizations.

The primary objective of the National Elections Response Group (NERG) is to monitor the elections environment, develop, and recommend strategies and actions to relevant stakeholders with authority to implement necessary response actions to prevent escalation of tensions or incidence of violence for a peaceful 2018 election. Members of the NERG will work closely with WANEP, the Integrated Election Security Planning Committee under the ONS, Provincial and District Election Security Committees – PROSEC and DISEC with an extensive network of civil society organizations and with 60 community monitors across the country to identify potential risks of electoral violence.

Read more...

Politics

PRESIDENT KOROMA SAYS… “I am very proud of Ansumana Usman Koroma”

President Dr Ernest BaiKoroma has informed Sierra Leoneans that, “I am very proud that we have people like Ansumana. We need many more Ansumana Usman Koromas that will go out there as Ambassadors of our country, showing and telling a good story about Sierra Leone.”

Whilst speaking at his Presidential office in Freetown, President Koroma affirmed that, “I am very proud of Ansumana and I am encouraging him to do more by helping his people.”

Read more...
Copyright © 2017 expotimesonline. All rights reserved.