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Sierra Leone Investment & Export Promotion Agency (SLIEPA)

Invest in Sierra Leone — Africa's Rising Star

Rich natural resources, strategic Atlantic location, young workforce, and a government committed to digital transparency and investor protection.

Register a Business

Total FDI to Date

$1.2B

Cumulative investment

Active Investors

450+

From 35 countries

Jobs Created

45,000+

Direct employment

Export Growth

+18.5%

Year-on-year 2025

Foreign Direct Investment Inflows ($M)

$165M
2021
$210M
2022
$245M
2023
$310M
2024
$380M
2025

+130% growth over 5 years

GDP Contribution by Sector (%)

Mining
12%
Agriculture
58%
Fisheries
10%
Tourism
3%
Energy
2%
Infrastructure
5%
Technology
2%

Key Investment Sectors

Mining & Minerals

GDP: 12%

Rich deposits of diamonds, iron ore, rutile, bauxite, and gold. Sierra Leone holds some of the world's largest rutile reserves.

Diamond mining concessions
Iron ore extraction
Rutile & ilmenite processing
Gold exploration licenses

Agriculture

GDP: 58%

Fertile land with 5.4M hectares of arable land — only 15% currently cultivated. Ideal climate for cocoa, coffee, palm oil, and rice.

Large-scale rice farming
Cocoa & coffee plantations
Palm oil production
Cashew nut processing

Fisheries

GDP: 10%

Atlantic coastline of 560km with rich marine resources. Significant potential for commercial fishing and aquaculture.

Commercial fishing licenses
Fish processing facilities
Aquaculture development
Cold chain infrastructure

Tourism

GDP: 3%

Pristine beaches, wildlife reserves, and cultural heritage. Lumley Beach, Banana Islands, Tiwai Island, and Tacugama Sanctuary.

Beach resort development
Eco-tourism lodges
Cultural tourism circuits
Adventure tourism operators

Energy

GDP: 2%

Massive untapped potential in hydroelectric (1,300 MW), solar, and biomass. Current installed capacity is only 100 MW — huge gap.

Solar farm development
Hydroelectric projects
Off-grid power solutions
Biomass energy plants

Infrastructure

GDP: 5%

Major infrastructure development underway: roads, bridges, ports, and urban development. Government priority sector.

Road construction PPPs
Port expansion (Freetown)
Housing development
Water & sanitation systems

Technology

GDP: 2%

Growing digital economy with 5 million mobile phone users. Government investing in digital infrastructure through DSTI.

Fintech & mobile money
E-government solutions
Data centres
Tech skills training centres

Natural Resources

Diamonds

Kono, Kenema, Bo

Significant alluvial & kimberlite

Iron Ore

Tonkolili, Port Loko

12.8 billion tonnes

Rutile

Bonthe, Moyamba

World's largest deposit

Bauxite

Port Loko, Moyamba

45 million tonnes

Gold

Multiple districts

Expanding exploration

Offshore Oil

Atlantic Coast

Exploration stage

Trade Agreements & Market Access

ECOWAS

15 countries

AfCFTA

54 countries

Mano River Union

4 countries

EU-ACP Partnership

EU 27 countries

AGOA

United States

UK-SL EPA

United Kingdom

Competitive Tax Rates

CountryCorporate TaxVAT/GSTImport DutyWithholding Tax
Sierra Leone 25%15%5-20%10%
Guinea 35%18%8-25%15%
Liberia 25%14%5-25%15%
Ghana 25%15%5-35%15%
Nigeria 30%7.5%5-35%10%
Senegal 30%18%5-30%20%

Infrastructure Pipeline

Lungi Bridge

$1.2B

Planning2026-2030

Queen Elizabeth II Quay Expansion

$350M

In Progress2024-2027

Bumbuna II Hydroelectric

$700M

Construction2023-2027

Freetown Solar Power Plant

$150M

Approved2025-2027

Wellington-Masiaka Highway

$180M

Complete2019-2024

National Fibre Backbone

$85M

In Progress2024-2026

Investment Incentives

Tax Holiday

Up to 10 years corporate tax exemption for priority sectors

Duty-Free Import

Zero customs duty on capital equipment and machinery

Profit Repatriation

100% repatriation of profits, dividends, and capital guaranteed

Investment Protection

Bilateral investment treaties with 10+ countries

Land Access

Government-facilitated access to industrial land and zones

One-Stop Shop

SLIEPA provides all permits and registrations in one location

How to Invest — Step by Step

1

Register with SLIEPA

Submit investment proposal to Sierra Leone Investment & Export Promotion Agency.

2

Get Investment Certificate

Receive your investment certificate confirming sector classification and incentives.

3

Register Business

Register your company through OARG. Can be done on GOV.SL.

4

Obtain Permits & Licenses

Apply for sector-specific permits: mining, trading, environmental.

5

Start Operations

Open bank account, register with NRA for tax, hire staff.

Investment Zones

ZonePrimary SectorStatusEmployment
Western Area / FreetownServices, Technology, FinanceActive2,500+
Koidu (Kono District)Diamond MiningActive4,200+
Lunsar (Port Loko)Iron Ore MiningActive3,100+
Bonthe DistrictRutile & Bauxite MiningActive2,800+
Bo DistrictAgriculture & Agro-processingDeveloping1,500+
Makeni (Bombali)Agriculture & Solar EnergyDeveloping800+
Nitti Port (Freetown)Logistics & Port ServicesPlannedTBD

Labour Market Overview

Workforce

2.8M

Economically active

Youth (under 35)

65%

Young, trainable workforce

Minimum Wage

Le 600K/mo

Competitive in region

Annual Graduates

35,000+

Universities & TVET

Investor Success Stories

Sierra Leone offers exceptional mineral wealth and a government committed to supporting foreign investment. Our iron ore operations employ over 2,000 Sierra Leoneans.

Chen Wei

Kingho Energy GroupChina

The bauxite deposits are world-class. SLIEPA made the registration process straightforward and the workforce is eager and capable.

Sarah Mitchell

Vimetco HoldingsNetherlands

The government's digital transformation agenda, including GOV.SL, shows a commitment to transparency that gives investors confidence.

Raj Patel

SL Mining LtdIndia

Contact SLIEPA

Sierra Leone Investment & Export Promotion Agency — your one-stop shop for investing in Sierra Leone

3rd Floor, NIC Building, Walpole Street, Freetown
+232 22 229 781
info@sliepa.org