Sierra Leone Invests $150 Million on Tech City Hub to Drive Digital Future

By : Hikmatu Bilali

Date : jeudi, 20 juin 2024 16:20

By creating a hub that attracts regional entrepreneurs, governments can drive technological innovation across Africa, fostering a collaborative ecosystem that benefits the entire region.The project will create numerous jobs and opportunities for skills development in technology, business process outsourcing, and related fields, contributing to workforce empowerment and economic stability.

Sierra Leone is dedicating $150 million to a cutting-edge Tech City hub in Tikonko, Bo District, to transform the nation into a digital innovation powerhouse. Announced at the Orange-sponsored Sierra Leone Innovates Tech Summit (11-13 June 2024), the hub will offer facilities to incubate and accelerate programs, supporting the transition of start-ups from ideation to commercialization.

Speaking on the matter, President Bio said: “The City will foster the development of new technologies, products, and services that will serve as catalysts for sustainable development, promote economic diversification and reduce the country’s over reliance on the traditional sectors.”

The Tech City, set in a 130-acre economic zone, marks a significant step in Sierra Leone’s digital transformation efforts. Technology Minister Salima Bah, who spearheads the project, envisions the hub as a catalyst for the country’s technological advancement.

Key telecom operators Africell and Orange Sierra Leone are supporting the project, with Africell planning to establish an on-site data center, as confirmed by a memorandum of understanding (MoU) signed during the summit. The Ministry of Communication, Technology, and Innovation announced today, via their Facebook page, the signing of an MoU with Orange. This agreement paves the way for the construction of the "Orange Village" community project within the Tech and Innovation City.

The Tech City is designed to generate jobs, with new opportunities in business process outsourcing and device assembly. This multifaceted strategy aims to boost Sierra Leone’s tech capabilities and solidify its role in West Africa’s innovation landscape.

The investment comes at a crucial time as African nations increasingly leverage digital solutions to spur economic and social progress. Sierra Leone’s bold move could set a precedent, demonstrating that smaller nations can significantly impact the digital stage.

The government has been actively seeking ways to drive economic development through the combined forces of entrepreneurship, innovation, and technology. Initiatives include the Sierra Leone Medium Term National Development Plan (2019-2023), the National Digital and Innovation Strategy, and the establishment of Small and Medium Enterprises (SME) development agencies, among others.

A study by the African Development Bank (AfDB) highlights that nations with diversified economies are more resilient to global economic shocks. Sierra Leone’s investment in Tech City supports this diversification, enhancing economic resilience and creating a sustainable growth model.

Hikmatu Bilali

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