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The Ministry of Communication, Technology, and Innovation (MoCTI) has officially welcomed the African Development Bank (AfDB) to the country.
This visit marks a crucial step in the ongoing discussions surrounding the Fɛlei Tech City project, a private sector-driven initiative aimed at transforming the technological and economic landscape of the region.
During the meeting held today, Deputy Minister Ibrahim Sannoh emphasized the pivotal role of the private sector in the Fɛlei Tech City initiative.
“The Fɛlei Tech City concept is driven by the private sector, not the government. Our role is to facilitate and harness resources so that the private sector can take the lead,” he stated.
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This collaborative approach aims to leverage private investment and expertise to build a sustainable tech ecosystem in Sierra Leone.
The meeting served as an interactive platform where key stakeholders from the private sector, alongside representatives from the AfDB and MoCTI, engaged in meaningful discussions.
Participants shared valuable insights and contributions to help shape the planning and execution of the Fɛlei Tech City project, fostering a sense of ownership and commitment among all parties involved.
As part of its visit from September 30 to October 4, 2024, the AfDB will conduct an appraisal mission under the Transition Support Facility (TSF).
This mission will focus on how technology can enhance development finance, minimize waste, and optimize the use of resources, aligning with the bank’s commitment to supporting sustainable growth in the region.
Deputy Minister Sannoh expressed gratitude to the private sector partners who attended the meeting, highlighting the importance of their involvement in this transformative project.
“We look forward to collaborating with you on this exciting initiative and anticipate many more productive sessions together,” he added.
The collaboration between the Ministry, the African Development Bank, and the private sector underscores Sierra Leone’s commitment to fostering innovation and development, setting the stage for a brighter economic future driven by technology and entrepreneurship.
