Sierra Leone FINPLAN Workshop:

In March 2025, CCG provided in-country training on the FINPLAN tool to eleven participants from relevant ministries and State-Owned Enterprises in Sierra Leone. This was part of CCG’s ongoing activities in Sierra Leone and was requested by the Ministry of Finance. The training was led by Naomi Tan with support from Fynn Kiley. Dr Alhassan Mansaray, Director of Fiscal Risk at the Ministry of Finance was our host, supported by Nelson Vandy Lemoh, an Economist from the Ministry of Finance.

The event was requested by Dr Mansaray, after his participation on the FINPLAN track at EMP-A 2024 (Ghana) and the subsequent participation by Nelson Vandy Lemoh at EMP-G 2024 (Trieste). It is part of CCG’s ongoing engagement in Sierra Leone to set up Data-to-Deal (D2D).

The participants came from the Ministry of Finance, Public Private Partnerships (PPP) unit, Ministry of Energy, Electricity and Water Regulatory Commission, Electricity Distribution and Supply Authority, and the Electricity Generation and Transmission Company.

As part of the training participants were provided with a balanced case study that investigated the financial viability of a CCGT power plant in Sierra Leone. Effort was taken to ensure that this case study simulated Sierra Leone-specific parameters such as inflation rate, exchange rate, tariff price, capacity, and others. The choice of CCGT was made as it is a live discussion point in the country due to the planned construction of a plant by 2027. By providing a real-life example, participants were able to analyse their results in the country context and resulted in good levels of engagement.

When asked whether they will use FINPLAN in their professional work, 78% of the participants responded that they would. All the participants responded that they were satisfied with the training, with 89% saying they were very satisfied