EENI Global Business School

Business in Sierra Leone, Freetown, Oil



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Syllabus of the Subject

Sierra Leone (fastest growth economy in West Africa) Foreign Trade, Mining, petrol

  1. Introduction to the Republic of Sierra Leone (West Africa)
  2. Business in Freetown
  3. Sierra Leonean Economy
  4. Foreign Trade of Sierra Leone
    1. Export Procedures in Sierra Leone
  5. Business and Investment Opportunities in Sierra Leone
    1. Sierra Leonean Agriculture
    2. Tourism
    3. Marine Resources
    4. Infrastructure
    5. Sierra Leonean Mining
    6. Petrol and gas
  6. Investment in Sierra Leone
  7. Access to the Sierra Leonean Market
  8. Business Plan for Sierra Leone

Business in Sierra Leone:
International Trade and Business in Sierra Leone

Transport and Logistics in Africa. Corridors, ports

Transport and Logistics in Sierra Leone:
  1. Dakar-Lagos Corridor
  2. Access to the West African Ports

The objectives of the subject “International Trade and Business in Sierra Leone” are the following:

  1. To analyze the Sierra Leonean Economy and Global Trade
  2. To identify business opportunities in Sierra Leone
  3. To explore the Sierra Leonean trade relations with the student's country
  4. To know the Sierra Leonean Trade Agreements
  5. To develop a business plan for the Sierra Leonean Market

Student, Online Doctorate in International Business

The Subject “Foreign Trade and Business in Sierra Leone” belongs to the following Online Programs taught by EENI Global Business School:

Masters: International Business, Business in Africa.

Masters in International Business and Foreign Trade (MIB)

Doctorate in African Business, World Trade.

Doctorate in International Business (DIB) Online

Business in West Africa.

Foreign Trade and Business in West Africa

Masters adapted to Sierra Leone, Masters, International Business Trade Sierra Leonean Students.

Languages: Masters, Doctorate, International Business, English or Study Doctorate in International Business in French Sierra Leone Masters Foreign Trade in Portuguese Sierra Leona Study Master Doctorate in International Business in Spanish Sierra Leona.

  1. Credits of the subject “Doing Business in Sierra Leone”: 1 ECTS Credits
  2. Duration: one week

Area of Knowledge: Africa.

We Trust in Africa (Affordable Higher Education for Africans)

International Trade and Business in Sierra Leone.

The Republic of Sierra Leone is the fastest growing economy in West Africa.

African Economic Integration

Market Access - Free Trade Agreements

Sierra Leonean Preferential Access and Trade Agreements:

  1. Sierra Leone and the West African Economic Area
  2. Economic Community of West African States (ECOWAS)
    1. ECOWAS Regional Road Transport and Transit Facilitation Programme
  3. West African Monetary Zone (WAMZ)
  4. Community of Sahel-Saharan States (CEN-SAD)
  5. African Continental Free-Trade Area
  6. Mano River Union
  7. EU-Sierra Leone:
    1. GSP
    2. Africa-EU Partnership/Everything But Arms (EBA)
  8. African Growth and Opportunity Act (U.S.) - AGOA
  9. Islamic Trade Preferential System

Trade Facilitation Programs. TFA Agreement

  1. WTO
    1. Agreement on Sanitary and Phytosanitary Measures
    2. GATS
    3. Agreement on Technical Barriers to Trade
    4. Agreement on Preshipment Inspection
    5. Agreement on Safeguards
    6. Trade Facilitation Agreement
  2. WCO
    1. Kyoto Convention
  3. Hamburg Rules (Sea)
  4. BIC
  5. Chicago Convention (ICAO)
  6. International Maritime Organization
    1. Istanbul Convention - not a member
  7. Customs Convention on Containers - not a member

African Institutions (AU, AFDB, AUDA-NEPAD, UNECA)

  1. Economic Commission for Africa
  2. African Union
    1. AU Convention on Preventing and Combating Corruption
    2. AUDA-NEPAD
    3. Africa Agriculture Development Programme
  3. African Development Bank
  4. Africa-Japan Cooperation
  5. Africa-South America Summit
  6. China-Africa Cooperation
  7. Africa-Asia Partnership

Islamic Organizations. Arab League

  1. Afro-Arab Cooperation
  2. Arab Bank for Africa (BADEA)
  3. OIC

Globalization and International Organizations

  1. WB
  2. WTO
  3. UN
    1. UNCTAD
    2. International Trade Centre (ITC)
  4. IMF

  1. Borders of the Republic of Sierra Leone: Guinea-Conakry and Liberia
  2. Sierra Leonean Area: 72,000 km² (one of the smallest African nations)
  3. Sierra Leonean population: 7 million people
  4. Capital of Sierra Leone: Freetown (1.2 million)
  5. Other cities of Sierra Leone: Bo, Kenema, Koidu Town, and Makeni
  6. Official language of Sierra Leone: English
  7. Local languages: Temne, Mende, and Krio
  8. Government of Sierra Leone: Constitutional Democracy
  9. Sierra Leonean Legal System: English common law
  10. Sierra Leone was created in 1787
  11. Independence of Sierra Leone: 1961 (UK)

More information about Sierra Leone (EENI African Business Portal).

The main religions in Sierra Leone are:

  1. Islam (78%)
  2. Christianity (27%)
  3. African Traditional Religions

Islam and Global Business. Islamic Economic Areas

Christianity and Global Business (Catholicism, Protestantism)

Sierra Leone belongs to the West African Economic Area.

Foreign Trade (Importing, Exporting)

Economy of Sierra Leone:

  1. Sierra Leonean GDP: 1.99 billion dollars
  2. GDP growth rate: 13.8%
  3. Sierra Leonean dynamic sectors: agriculture, construction, manufacturing, services, and iron-ore mining
  4. Sierra Leonean Agriculture sector: 51% of the GDP/17% of exports/61% of workforce
  5. Top agricultural products of Sierra Leone: coffee, cocoa, and oil palm
  6. Main resources of Sierra Leone: mineral, tourism, agriculture, marine, petrol and gas, energy, and fishery
  7. Top Sierra Leonean export products: diamonds, rutile, and bauxite iron ore
  8. The main economic activities in Sierra Leone are gold and diamond mining
  9. Sierra Leone has the largest natural African port
  10. The largest Sierra Leonean trading partners are China, India, the UK, the U.S., South Africa, and Belgium
  11. Common External Tariff (CET) of the ECOWAS
  12. FDI stock in Sierra Leone: 740 million dollars

Dakar-Lagos Trans-African Corridor (Mauritania, Nigeria)

Mano River Union (MRU): Sierra Leone, Liberia, Guinea, and Ivory Coast (West Africa)


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