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Sierra Leone

President Bio departs Morocco for Saudi Arabia

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Sierra Leone’s President, Dr. Julius Maada Bio and entourage have departed the Marrakech International Airport in Morocco for Saudi Arabia to attend the Saudi-Arab-Africa Summit in Riyadh scheduled for tomorrow 11th November 2023 with the aim of fostering stronger ties between the two countries, as well as the sub region.

President Julius Maada Bio departed Morocco after participating in a high-level panel discussion with other Heads of State on the topic “Accelerating Africa’s Economic Transformation.”

During the meeting, the Heads-of-State discussed strategies to accelerate industrial development and explore workable solutions to drive value addition on the continent.

President Julius Maada Bio made a significant announcement during the opening of the 2023 African Investment Forum (AIF) Market Days by presenting an impressive $800 million rice industrial complex project.

H.E. Bio called on other African leaders to make us of his Big Five Game Changers which he said is not meant for Sierra Leone but Africa as a whole. The project aims to establish a fully integrated rice industrial complex in Sierra Leone, further bolstering the nation’s economic growth and food security.

After the Presidential panel discussions, President, Dr Julius Maada Bio held a fruitful round table discussion with key Development Partners and Investors.

President Julius Maada Bio used the opportunity to sell and popularized his Big Five Game Changers, to the world and gained more momentum, recognition and support by other Heads of State and government, development partners and investors who were part of the event.

His Excellency President Julius Maada Bio also met with the President of the African Development Bank (ADB) Dr. Akinwumi Adesina on the eve of the Africa Investment Forum where he highlighted his government’s commitment to the Big Five priorities including “Feed Salone” initiative.

President Julius Maada Bio underscored that his government will leverage human capital development, trade, technology and Infrastructure.

 

Both sides spoke about issues of mutual interest, including President Bio’s Big Five Game Changers, particularly the Human Capital Development and Feed Salone project.

The Africa Investment Forum Market Event is considered a fundamental tool to boost economic growth, promote foreign direct investments, and accelerate industrialization across the continent.

This year’s AIF Market Days Event in Morocco provided a unique portal for project sponsors, investors, and policy makers.

The platform also provides efficient solutions to investors seeking to channel capital into critical sectors in line with the United Nations Sustainable Development Goals, the African Development Bank’s High 5s, and the African Union’s Agenda 2030.

The event provided significant value to investors, partnering them with carefully curated opportunities at a time of substantial transformation across the African continent.

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