Market Research In Sierra Leone

Sierra Leone Profile:

Sierra Leone, officially the Republic of Sierra Leone, is a country in West Africa and is composed of four regions.
The country possesses substantial mineral, agricultural, and fishery resources, but it is still recovering from a civil war that destroyed most institutions before ending in the early 2000s.
Sierra Leone’s population growth is somewhat tempered by the high infant, child, and maternal mortality rates that are among the worlds highest and are a result of poverty, a lack of potable water and sanitation, poor nutrition, limited access to quality health care services, and the prevalence of female genital cutting.
Sierra Leone is a member of many international organisations, including the United Nations (UN), the African Union (AU), the Economic Community of West African States (ECOWAS), the Mano River Union, the British Commonwealth of Nations (formerly the British Empire), the African Development Bank and the Organisation of Islamic Cooperation (OIC).
Sierra Leone is among the largest producers of titanium and bauxite, a major producer of gold and has one of the world’s largest deposits of rutile. Sierra Leone is home to the third-largest natural harbor in the world.

Sierra Leone Economy:

Sierra Leone is extremely poor and nearly half of the working-age population engages in subsistence agriculture.
In recent years, economic growth has been driven by mining – particularly iron ore.
It is estimated that 60% youth unemployment rate is attributed to high levels of illiteracy and unskilled labor, a lack of private sector jobs and low pay.
In 2017, increased iron ore exports are expected to support modest economic growth. Non-mining activities will remain constrained by inadequate infrastructures, such as power and roads, even though power sector projects may provide some additional electricity capacity in the near term.
Continued economic growth will depend on rising commodities prices and increased efforts to diversify the sources of growth. Pervasive corruption and undeveloped human capital will continue to deter foreign investors. Sustained international donor support in the near future will partially offset these fiscal constraints.

Sierra Leone Facts:

Population: 6.2 million
Capital: Freetown
Largest city: Freetown
Area: 71,740 sq km
Major language: English (official), Temne, Krio
Major religion: Muslim 60%, indigenous beliefs 30%, Christian 10%
Life expectancy: 56 years (Male), 61.3 years (Female)
Monetary unit: 1 Leone (SLL) = 100 Cents
Main exports: Iron ore, diamonds, rutile, cocoa, coffee, fish
GNI per Capita: $1,330

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