ierra Leone Reclaims Control of Its Mineral Wealth for a Transparent, People-Centered Future: Ministry

President Bio has directed a major overhaul of how Sierra Leone manages its mineral riches, ordering the wind-up of the existing Mineral Wealth Fund, the Ministry of Information announced.

Key details about the strategic reset for national benefit:

Replaces the current fund with a Sierra Leone Sovereign Wealth Fund as the apex investment vehicle;

Aligns management with international best practices;

Ensures coordination with existing state mining institutions—no change in state ownership of mineral assets;

Aims to convert finite resources into sustainable, transparent, and intergenerational wealth.