Africa-Press – Sierra-Leone. The National Investment Board (NIB) has signed a strategic multi-sector Memorandum of Understanding (MoU) with SKAY Investment Company, a European firm with strong interest in investing across key sectors of Sierra Leone’s economy.
The signing ceremony, held on 10 April 2026, marks a significant step toward expanding foreign direct investment into National Investment Board initiatives aimed at driving economic diversification and sustainable development.
The agreement covers key sectors including agriculture, tourism, energy, infrastructure (real estate), and fisheries. A major component of the partnership is the proposed establishment of an agricultural equipment assembly plant, which is expected to enhance value addition, boost productivity, and create employment opportunities.
The collaboration is also expected to contribute to job creation, economic diversification, and improved industrial capacity across the targeted sectors.
Speaking at the ceremony, Executive Director of NIB, Dr. Edward Hinga Sandy, reaffirmed the institution’s commitment to facilitating and supporting credible investments in the country. He noted that NIB remains prepared to provide coordination, guidance, and aftercare services to ensure the successful implementation of the agreement.
On behalf of SKAY Investment Ltd, President of the Board, Robert Krzyzaniak, expressed appreciation to the Government of Sierra Leone and NIB for the opportunity to invest in the country. He described Sierra Leone as a nation with strong potential across multiple sectors and assured that the company remains committed to delivering impactful and sustainable investments that will support national development.
The MoU with SKAY Investment Company is seen as a key milestone in positioning Sierra Leone as an attractive destination for diversified and strategic international investment.
Officials say the partnership reflects growing investor confidence and reinforces ongoing efforts to strengthen economic transformation through private sector engagement.
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