US$100M Investment In Energy

 

 By Aruna Rashed Toma Bangura

The Chief Executive Officer of the Africa Middle East Asia (AMEA) power, Hussein Nunn has disclosed that his company will be investing over one hundred million United States Dollars (US$100,000,000) in the energy sector in Sierra Leone.

He made this pronouncement during a courtesy call on His Excellency President Rtd Brig. Julius Maada Bio on Tuesday, 5th February, 2019 at State House.

He furthered that AMEA power operates in most development countries, adding that Sierra Leone stands to hugely benefit from the proposed project as it will expand the power base and boost the country’s economy and urged the President to explore such investment opportunity.

In his response, President Bio said the energy sector forms the basis of strong economy in any country. He said that the country needs a reliable power supply to boost the economy as, according to him, for decades, the country has been suffering from lack of adequate electricity supply.

President Bio therefore pledged his government’s support to the investors so as to ensure reliable energy supply, adding that his government will embrace any genuine private sector investment in energy, agriculture and education.