President Bio was elected as the 5th President of the Republic of Sierra Leone in May 2018 and is popularlyreferred to as the “Father of Democracy” because of his contribution towards the restoration of democracyand attainment of peace in the country.Sierra Leone has large reserves of diamonds, iron ore, rutile and bauxite as well as small-scale artisanalmining of gold and diamonds. The country possesses one of the largest rutile reserves in the world. Whilstmining contributes about 20% to the national GDP, it is said to account for around three quarters of thecountry’s exports.Prudent management of natural resources is a stated pillar of the national Agenda for Prosperity, and thereis a strong commitment to using the Extractive Industries Transparency Initiative (EITI) as a tool to bringreforms that will attract much-needed investment in Sierra Leone.As part of their drive to attract investment, Sierra Leone will be exhibiting at Mining Indaba and theirdelegation will also include the Minister of Mineral Resources, Hon. Foday Rado Yokie who will be presentinga country case study - “The new direction for Sierra Leone’s mining sector” - where he will be reporting onthe recently completed airborne geophysical survey and the achievements that the country has made informalising the artisanal mining sector which has not only benefitted local communities, and women inparticular, with a source of income but also the economy as a whole. Minister Yokie will also be participatingin the West Africa panel discussion as part of the Intergovernmental Summit on Wednesday at MiningIndaba.President Bio’s vision for the future of Sierra Leone is underpinned by his belief that the key to economicdevelopment lies in the investment in human capital - 20% of the national budget supports free, qualityeducation, and women admitted to university to study science, technology, engineering and mathematicsreceive a full scholarship.“We will have a healthier, better educated and highly skilled young population fit for the 21st century globaleconomy, and that will lead and drive the country's national development. They will be well-equipped todeploy science, technology and innovation which in term will attract investment.” Explains President Bio.“The theme for Investing in African Mining Indaba 2020 is Optimising Growth and Investment in the DigitisedMining Economy – and His Excellency Julius Maada Wonie Bio is the new generation African leaderrecognising that innovation and technology with drive mining investment on the continent.” comments TomQuinn, Head of Content for Mining Indaba.The programme content for 2020 is geared towards exploring the key drivers of investment decisions withinthe African mining market and forging the future direction of the African mining industry. The Ministerial and Government programmed is set to attract some 38 ministers from across the African continent andbeyond, cementing Mining Indaba’s reputation as the world’s largest mining investment event.Following the success of the 25th anniversary, Mining Indaba 2020 is gearing to attract even more junior,mid-tier and major mining companies and even more investors with the aim of facilitating deal-making andinvestment opportunities. 2020 will also bring industry-leading content including the brand-new GeneralCounsel Forum, Mining 2050, the Intergovernmental Summit, resource nationalism, innovations intechnology, Battery Metals Day and the return of the popular Investment Battlefield.
About Mining Indaba
Investing in African Mining Indaba is the largest mining investment event in Africa. With a proven trackrecord of bringing together Heads of State, Ministers, senior Government representatives, MiningCompanies, Mid and Junior Miners, Investors, services and equipment providers, Mining Indaba is theplace to meet everybody who’s anybody in the African and global mining industry. It is the must-attendevent that drives the mining industry forward, provides attendees with an unmatched access to the entirevalue chain and the most influential players in African mining for four days of high-quality content, dealmaking and networking opportunities.
Investing in African Mining Indaba