Hon Mansaray (Centre) With Delegates from African Minerals and Sahr Wonday (NMA) (far right)
T
SIERRA LEONE
GREAT SUCCESS
he minister announced the setting-up of a regulatory body that
will oversee technical and regulatory concerns.
The regulatory body dubbed The National Mineral Agency (NMA), headed
by Mr. Sahr Wonday, told investors present at the summit that The NMA’s
responsibilities included implementing policies that are fair, transparent
and compatible with the needs of investors and stakeholders.
A key area, which was of importance to potential investors, was infrastructure. In his response to these concerns, the Minister emphasized that Sierra
Leone was undergoing a transformative infrastructural development program that will be able to support investors within the mining space.
The Ministers response was supported by recent examples of mining infrastructure capacity in
Sierra Leone, citing examples like the railways and new inter-connecting roads from the province
to ports.
Electricity, being a major barrier to investments was addressed and the Minister argued that it had
significantly improved. In his concluding remarks the Minister stressed on the new governance
frameworks as the way forward for the mining sector and as such made Sierra Leone the global
destination for investments into West Africa’s buoyant mining sector.