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Doing Business in Sierra Leone
Contact & Social Networks
Syllabus of the Subject: Foreign Trade and Business in Sierra Leone . Freetown.
Introduction to the Republic of Sierra Leone (West Africa);
Doing Business in Freetown ;
Sierra Leonean Economy;
Foreign Trade of Sierra LeoneExport Procedures in Sierra Leone.
Business and Investment Opportunities in Sierra LeoneSierra Leonean Agriculture;
Tourism;
Marine Resources;
Infrastructure;
Sierra Leonean Mining;
Petrol and gas.
Foreign Direct Investment in Sierra Leone;
Access to the Sierra Leonean Market;
Business Plan for Sierra Leone.
Objectives
The objectives of the subject “International Trade and Business in the Republic of Sierra Leone” are the following:
To analyze the Sierra Leonean Economy and Global Trade;
To know the business opportunities in the Republic of Sierra Leone;
To explore the Sierra Leonean trade relations with the country of the student;
To know the Sierra Leonean Trade Agreements;
To develop a business plan for the Sierra Leonean Market.
(Foreign Trade and Business in Sierra Leone):
Related Education
Masters and Doctorate in Global Business adapted to the Sierra Leonean Students .
International Trade and Business in Sierra Leone.
The Republic of Sierra Leone is the fastest growing economy in West Africa.
Transport and Logistics in Sierra Leone :
Dakar-Lagos Corridor ;
Access to the West African Ports .
Preferential Access
Trade Facilitation
Organizations
African Trade and Economic Organizations :
Economic Commission for Africa (ECA);
African Union (AU )
African Union Convention on Preventing and Combating Corruption;
African Union Development Agency (AUDA-NEPAD ) ;
Comprehensive Africa Agriculture Development Programme (CAADP).
African Development Bank (AfDB);
Africa-Japan Cooperation (TICAD) ;
Africa-South America Summit (ASA);
Forum on China-Africa Cooperation;
Africa-Asia Strategic Partnership (NAASP);
Africa-Korea Partnership;
Africa-India Framework for Cooperation;
Africa-BRICS (Brazil, Russia, India, China, South Africa);
Africa-Turkey Partnership.
Islamic Organizations :
Afro-Arab Cooperation ;
Arab Bank for Economic Development in Africa (BADEA ) ;
Organization of Islamic Cooperation (OIC )
Standing Committee for Economic and Commercial Cooperation of the Organization of Islamic Cooperation (COMCEC);
Islamic Chamber of Commerce and Industry (ICCI);
Islamic Centre for Development of Trade (ICDT).
Global Economic Organizations :
World Bank (WB );
World Trade Organization (WTO );
United Nations (UN )
Conference on Trade and Development (UNCTAD );
International Trade Centre (INTRACEN ) .
International Monetary Fund (IMF ).
Sierra Leone
The Republic of Sierra Leone
Borders of Sierra Leone: Guinea-Conakry and Liberia ;
Sierra Leonean Area: 72,000 square kilometers (one of the smallest
African nations);
Sierra Leonean population: 7 million peopleMandinka .
Capital of Sierra Leone: Freetown (1.2 million);
Other cities of Sierra Leone: Bo, Kenema, Koidu Town, and Makeni;
Official language of Sierra Leone: English ;
Local languages: Temne, Mende, and Krio;
Government of Sierra Leone: Constitutional Democracy;
Sierra Leonean Legal System: English common law;
Sierra Leone was created in 1787;
Independence of Sierra Leone: 1961 (United Kingdom).
More information about Sierra Leone (EENI African Business Portal).
The main religions in Sierra Leone are:
Islam (78%);
Christianity (27%);
African Traditional Religions .
Sierra Leone belongs to the West African Economic Area (African Civilization).
Economy and Global Trade
Economy of Sierra Leone :
Sierra Leonean GDP: 1.99 billion dollars;
GDP growth rate: 13.8%;
Sierra Leonean dynamic sectors: agriculture, construction, manufacturing, services, and iron-ore mining;
Sierra Leonean Agriculture sector: 51% of the GDP/17% of exports/61% of workforce;
Top agricultural products of Sierra Leone: coffee, cocoa, and oil palm;
Main resources of Sierra Leone: mineral, tourism, agriculture,
marine , petrol and gas, energy, and fishery;
Top Sierra Leonean export products: diamonds, rutile, and bauxite iron ore;
The main economic activities in Sierra Leone are gold and diamond mining ;
Sierra Leone has the largest natural African port ;
The largest Sierra Leonean trading partners are China, India, the United Kingdom, the U.S., South Africa, and Belgium;
Common External Tariff (CET) of the Economic Community of West African States (ECOWAS);
Foreign Direct Investment (FDI) stock in Sierra Leone: 740 million dollars.
(c) EENI
(c) EENI Global Business School (1995-2023)
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