Business

There are vast business opportunities in Sierra Leone present fueled by its abundant resources, strategic initiatives, and expansive global partnerships.

Unlocking Sierra Leone's
Diverse Economic Potential

Sierra Leone is the land of untapped potential and limitless possibilities. African Leadership Magazine in 2023 dubbed Sierra Leone as an ‘investor's goldmine’. With a rich history, culture, tremendous natural and mineral resources, and beautiful white sandy beaches, Sierra Leone has a lot to offer to the rest of the world.

Available Investment Incentives in Sierra Leone

41.46 %

of GDP - Imports of goods and services

Trade and Investment

There are growing business opportunities in Sierra Leone with a favorable tropical climate, fertile soil advantageous for agriculture, numerous varieties of fishery resources, vast mineral and natural resources, and attractive tourist appeal. Sierra Leone provides access to a market of more than 50 million people via its membership in the Mano River Union with Côte d’Ivoire, Guinea, and Liberia, and a market of over 400 million people through its membership to the Economic Community of West African States (ECOWAS).

165,514

Business establishments

Private Sector Revitalization

The Government seeks to expand and incentivize private sector investment in all sectors to ignite economic growth and development. Business opportunities in Sierra Leone span across various industries, including agriculture, tourism, renewable energy, and more, making it a prime destination for investors. Lucrative investment opportunities exist in sectors such as agriculture, agribusiness, fisheries, infrastructure development, manufacturing, and technology.

54.7%

Agricultural Land

Feed Salone Flagship Initiative

Sierra Leone is seeking investors, entrepreneurs, researchers, innovators, creatives, and development partners to join its efforts to attain sustained socio-economic development, food security, climate resilience and human capital development among other developmental goals and aspirations. This is the flagship initiative launched by President Julius Maada Bio on October 16, 2023, to boost agricultural productivity to ensure food security and inclusive economic growth. The initiative highlights significant business opportunities in Sierra Leone’s agricultural sector.

Feed Salone Initiative

Sierra Leone is seeking investors, entrepreneurs, researchers, innovators, creatives, and development partners to join its efforts to attain sustained socio-economic development, food security, climate resilience and human capital development among other developmental goals and aspirations.

This is the flagship initiative launched by President Julius Maada Bio on October 16, 2023, to boost agricultural productivity to ensure food security and inclusive economic growth. It is built on six strategic pillars which include:

Mechanization and Irrigation

Expanding rice production areas including inland valley swamps and irrigated rice fields augmented by tractor and other mechanized services.

Seed and Input Systems

Using research to ensure high-quality inputs for optimal yields for key value chains.

Aggregation, Processing and Market Linkages

Streamlining processes for maximized profitability.

Agricultural Finance

Tailoring financial instruments and solutions for the sector’s unique needs, especially for women and youth

AG-tech and Climate Smart Agriculture

Leveraging technology, supporting agricultural research, promoting digitization and building robust data systems to inform decisions while safeguarding against climate change.

Empowerment of Women and Youth

Ensuring the indispensable role of women and youth in agricultural development is reflected and elevated across all Strategic Pillars.

Learn More About the BIG 5 Priorities in Sierra Leone

The Government of Sierra Leone has outlined the BIG 5 priorities to drive sustainable economic growth and development in the country.