ADVERTISEMENT
  • Home
  • Latest News
  • Talking Point
  • Business
  • Sports
  • Elections-2023
  • Contact
Wednesday, May 14, 2025
  • Login
Forum News
Advertisement
  • Home
  • Latest News
  • Talking Point
  • Business
  • Sports
  • Elections-2023
  • Contact
No Result
View All Result
  • Home
  • Latest News
  • Talking Point
  • Business
  • Sports
  • Elections-2023
  • Contact
No Result
View All Result
Forum News
No Result
View All Result
Home ALL NEWS

SIERRA LEONE’S ENERGY NIGHTMARE… MORE THAN US$35 MILLION PAID TO KARPOWER WITHIN 7 MONTHS

FORUM NEWS SIERRA LEONE by FORUM NEWS SIERRA LEONE
3 May 2024
in ALL NEWS, BUSINESS, LATEST NEWS, POLITICS
0
MINISTER OF FINANCE, Sheku Ahmed Fantamadi Bangura

MINISTER OF FINANCE, Sheku Ahmed Fantamadi Bangura

0
SHARES
1
VIEWS
Share on FacebookShare on Twitter
Share on

By Mackie M Jalloh

In the heart of Freetown, Sierra Leone, amidst the hustle and bustle of Tower Hill, the Ministry of Foreign Affairs conference room buzzed with anticipation. It was Tuesday, the 30 of April, 2024, a day marked by the weekly press conference hosted by the Ministry of Information and Civic Education. The spotlight was on the energy and finance sectors, with Chief Minister David Sengeh, Dr. Eldred Tunde Taylor, Deputy Minister of Energy, and Mrs. Kadiatu Allie, Deputy Finance Minister, taking center stage.

As the cameras rolled and reporters poised their pens, Mrs. Allie dropped a bombshell, revealing shocking details about the government’s dealings with Karpower, the provider of Sierra Leone’s energy. She disclosed that since September, the government had shelled out a staggering $36 million to Karpower, with no significant improvement in the country’s energy infrastructure. This revelation sent shockwaves through the nation, raising serious questions about the transparency and efficacy of the contract signed between the government and Karpower.

Qcell Qcell Qcell

Despite the hefty payments, Sierra Leoneans continued to grapple with inconsistent electricity supply, plunging them into darkness at the most inconvenient times. With less than 100 MW of operational capacity and a mere 130,000 connected customers, Sierra Leone’s power sector was teetering on the brink of collapse.

Adding insult to injury, Chief Minister Dr David Sengeh attempted to shift the blame onto citizens, accusing them of stealing electricity without paying their bills. However, this scapegoating tactic failed to appease the disgruntled populace, who demanded accountability and transparency from both the energy and finance sectors.

The situation reached a boiling point in April when the country experienced a widespread blackout, leaving homes, businesses, and hospitals in the dark. Despite the government’s hefty payments to Karpower, the promised solution to the energy crisis remained elusive, further exacerbating public frustration and anger.

Amidst the chaos, a glimmer of hope emerged with the announcement from the United States International Development Finance Corporation (DFC). The DFC board approved an increase in debt financing to support the development of thermal plants, promising to inject much-needed capital into Sierra Leone’s energy sector. Initially approved in 2021 for $217 million, the financing was now augmented to $292 million, raising hopes for a brighter future.

However, amidst the optimism surrounding the US support, questions loomed large over the government’s failure to address the energy crisis for over six years. Despite pouring millions of dollars into Karpower, the country remained shackled by unreliable electricity supply and exorbitant costs.

The root of the problem lay in mismanagement, incompetence, and a glaring lack of transparency within the energy and finance sectors. Instead of investing in sustainable solutions that would empower the nation to generate its own electricity, the government opted for short-term fixes that lined the pockets of foreign contractors while leaving the populace in the dark.

The time for excuses and finger-pointing had passed. Sierra Leoneans demanded accountability, transparency, and concrete action from their government. It was time to break free from the cycle of dependence and chart a new course towards energy independence and prosperity.

As the press conference drew to a close, the harsh reality of Sierra Leone’s energy crisis reverberated through the halls of power. The spotlight was firmly fixed on the government, tasked with the monumental challenge of steering the nation towards a brighter, more sustainable future. The road ahead would be fraught with challenges, but with determination, transparency, and unwavering resolve, Sierra Leoneans dared to dream of a tomorrow illuminated by the glow of progress and prosperity.

Post Views: 41
Previous Post

Revealed at 10th AGM NaCCUA-SL Demonstrates Strong Financial Position

Next Post

RCBANK M D LEADS MANAGEMENT AT HIGH-LEVEL FINANCE, TRADE CONFAB IN WASHINGTON  

Next Post
RCBANK M D LEADS MANAGEMENT AT HIGH-LEVEL FINANCE, TRADE CONFAB IN WASHINGTON  

RCBANK M D LEADS MANAGEMENT AT HIGH-LEVEL FINANCE, TRADE CONFAB IN WASHINGTON  

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forum News

FORUM NEWS, Sierra Leone in its push for independent journalism is in solidarity with the global campaigns in the fight against corruption, divisiveness....PEACE!

Follow Us

Browse by Category

  • ADVERTISE WITH US
  • AGRIBUSINESS
  • ALL NEWS
  • BO
  • BONTHE
  • BOOK REVIEW
  • BUSINESS
  • CHINA – SIERRA LEONE
  • CRIME
  • CRIME & COURT
  • E-EDITIONS
  • EAST
  • ECONOMY
  • ELECTIONS-2023
  • ENTERTAINMENT
  • ENVIRONMENT
  • EYE ON THE WORLD
  • FALABA
  • FOOTBALL
  • FORUM MINDS
  • FORUM TV
  • FREETOWN
  • HEALTH
  • INSIGHTFUL PEAK
  • INTERVIEW
  • KABALA
  • KAILAHUN
  • KAMBIA
  • KARENE
  • KENEMA
  • KOINADUGU
  • KONO
  • LATEST NEWS
  • LETTERS
  • MAGBURAKA
  • MAKENI
  • MEDIA WATCH
  • MOYAMBA
  • NORTH
  • NORTH-EAST
  • NORTH-WEST
  • OBITUARY
  • POLITICS
  • PORT LOKO
  • PRESS RELEASE
  • PUJEHUN
  • SOUTH
  • SPEECHES
  • SPORT
  • TALKING POINT
  • THE CONCH
  • TONKOLILI
  • TRIBUTES
  • Uncategorized
  • VIdeo Advertisements
  • WATERLOO
  • WESTERN AREA RURAL DISTRICT
  • WESTERN AREA URBAN

Recent News

NRA warns Former Employee, Crispin Toma

Sierra Leone Cracks Down on Tax Non-Compliance Amid Deepening Revenue Crisis

12 May 2025
SIERRA LEONE NEEDS TO INSTITUTIONALIZE THE SOUTH-SOUTH COOPERATION  – PUBLIC ADMIN, POLITICAL AFFAIRS MINISTER

SIERRA LEONE NEEDS TO INSTITUTIONALIZE THE SOUTH-SOUTH COOPERATION – PUBLIC ADMIN, POLITICAL AFFAIRS MINISTER

12 May 2025
AMID ONGOING DISPUTE… SIERRA LEONEANS IN YENGA CRY FOR JUSTICE   

GIVE AWAY YENGA, OR LET’S FIGHT FOR IT!

12 May 2025
For APC’s Deputy Organizing Secretary…  Alhaji Mohamed Bailor Jalloh, A Grassroots Leader

For APC’s Deputy Organizing Secretary… Alhaji Mohamed Bailor Jalloh, A Grassroots Leader

12 May 2025
  • Home
  • News
  • Entertainment
  • TV
  • TV
  • VIDEO-ADVERTISEMENTS
  • Archives
  • TV
  • Home
  • Home

© 2025 Forum News Sierra Leone

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Latest News
  • Talking Point
  • Business
  • Sports
  • Elections-2023
  • Contact

© 2025 Forum News Sierra Leone

×

Hello!

Click one of our contacts below to chat on WhatsApp

Forum News
Support Forum News

Forum News - Sierra Leone.

× How can I help you?