Sherbro Island is one of Sierra Leone’s most beautiful touristic landscape. In 2019, the Maada Bio regime signed an undisclosed Memorandum of Understanding (MOU) with Sherbro Alliance Partners, a company incorporated in early June 2019 as a private limited company (#12040217) under the UK Companies Act 2006 by Idris Akuna Elba and Siaka Stevens, the grandson of Sierra Leone's first president.
The non-disclosed agreement proposed to incorporate and establish Sherbro Island into an autonomous economic zone to be governed by a 7-person board of directors who will have sovereign powers to manage Sherbro Island as a distinct legal entity independent of Sierra Leone's financial and economic laws and regulations. The agreement also grants exclusive powers to the proposed authority to establish its own private security, air and sea transport arrangement, its gambling infrastructure, agriculture and health, and the ability to issue its own debt securities and financial markets.
However, the details of this agreement have not been made public to Sierra Leoneans.
In this episode, we examine the proposed privatization of Sherbro Island and its planned transformation into a “Casino Republic” in Sierra Leone. We highlight the legal and political implications of the proposed takeover of Sherbro Island by multinational corporations.
This episode is part of the Voice of Exile series of the Africanist Press.
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