
26/09/2025
WITH US$2.2 BILLION MISSION 300 ENERGY DEAL...
SIERRA LEONE LIGHTS UP GLOBAL STAGE
Sierra Leone has entered a new era of development after President Julius Maada Bio secured the Mission 300 Compact, a historic investment agreement worth over US$2 billion. Announced during the 80th United Nations General Assembly in New York, the deal marks the largest single financing package ever obtained in the nation’s history.
The Mission 300 Compact is poised to transform Sierra Leone’s energy landscape, expanding access from 36% to a projected 78% and powering industries, schools, hospitals, and communities nationwide. President Bio, who also serves as Minister of Energy, signed the agreement in what many see as the most defining achievement of his administration.
This breakthrough was made possible through the combined leadership of President Bio, Dr. Kandeh Kolleh Yumkella,Chairman of the Energy Governance Coordination Group (EGCG) and PI-CREF and Finance Minister Sheku Fantamadi Bangura. Dr. Yumkella’s global experience and networks were pivotal in crafting the deal in record time.
The compact builds on Sierra Leone’s Just Energy Transition and Green Growth Plan and aligns with its Rural Electrification Drive, including plans to deploy 200 mini-grids. It also stems from Sierra Leone’s recognition earlier this year at the Africa Heads of State Energy Summit in Tanzania, where the country was selected for the Mission 300 initiative led by the AfDB, World Bank, and partners.
For Sierra Leone, Mission 300 is more than investment, it is a promise of jobs, growth, and resilience. For President Bio, it stands as a legacy that will illuminate the nation for decades to come.