(CNN) Sierra Leone has been "gripped by grief" after massive mudslides near the capital city of Freetown, the country's President said in a speech to the West African nation.

Hundreds of people are feared dead after landslides swept through the outskirts of the rain-soaked city early Monday, according to government officials and aid agencies.

A spokesman for the International Committee of the Red Cross in Sierra Leone said authorities have recovered the bodies of 205 people and the number is expected to rise, with more than 1,000 others affected.

Flooded streets in the Regent district.

"Many of our compatriots have lost their lives, many more have been gravely injured and billions of Leones worth of property destroyed in the flooding and landslides that swept across some parts of our city," President Ernest Koroma said in his speech Monday.

"I am very disturbed by this national tragedy and with a heavy heart, let me extend profound condolences to the bereaved families. This is not a tragedy for you alone; it is a tragedy for every Sierra Leonean because the people who have perished in this disaster are our compatriots. Every single family, every single ethnic group, every single region is either directly or indirectly affected by this disaster."

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