President Bio on Saturday 29th April 2023 presented the sum of Le38 Billion to the people of Marampa and Mafoki Chiefdoms, Port Loko District, Northern Sierra Leone.

The said money is in fulfillment of the corporate mining agreement between the Government of Sierra Leone and Marampa Mines Limited as a Community Development Fund (CDF) for the two Chiefdoms.

Marampa Mines Limited is a subsidiary of Gerald Group that is engaged in the exploration, development, and production of high-grade iron ore at Marampa in the Port Loko District, Northern Province of Sierra Leone.