A tweet from the U.S Embassy in Sierra Leone has brought attention to potential hurdles in the approval process of Sierra Leone’s $481 million energy compact. The tweet highlighted that the final approval of this significant investment now hinges on the report of the Electoral Review Committee and the subsequent implementation of electoral reforms and accountability measures.

The tweet stated: “The final approval of this transformative investment in Sierra Leone’s energy sector now depends on the report of the Electoral Review Committee and the implementation of resulting electoral reforms and accountability measures.”

This revelation comes after a delegation from the Government of Sierra Leone, led by the Minister of Finance, recently concluded technical negotiations with the Millennium Challenge Corporation (MCC) in Washington DC. The compact aims to bolster the development of a sustainable transmission and distribution energy network across Sierra Leone, fostering economic growth over the medium to long term.

According to Sierra Leone’s Ministry of Finance, the MCC board is set to convene on June 26th, 2024, to approve the compact. Subsequently, it will undergo ratification by the U.S Congress, with the official signing ceremony anticipated to take place between the Government of Sierra Leone and the MCC in the summer of 2024.

The tweet serves as a reminder of the importance of addressing electoral concerns and implementing necessary reforms to ensure the successful realization of this transformative energy initiative in Sierra Leone.