Back in Business

There is much work to be done to improve the economy of Sierra Leone. The country is rich in resources, but business suffered badly during the 10 year war.

Now a programme of repairs and improvements is showing results.

The entrepreneurs of the private sector play a key role in the rebuilding of the economy and various schemes have been developed for encouragement and support.

The financial sector is thriving as the banks re-open across the country. Inflation is low, exchange rates stable and growth set to continue.

There are indications from a recent seismic survey that there could be oil in the region, and oil and gas companies are being offered the chance to bid for offshore concessions.

The rebuilt and modernised airport has become a national asset and there are plans to develop the port to cater for larger vessels and realise the potential of this, the third largest natural harbour in the world.

Mines are being re-opened and there is currently a boom in diamond mining. Negotiotions are underway to restart rutile and bauxite mining - potentially a huge source of foreign exchange.

Fisheries are also growing and there is a major push on developing hotels and entertainment facilities for tourism as well as repairing wildlife parks for new visitors.

| Private sector | Agriculture | Fishing | Crafts | Mining |