it's all about Business in West Africa, Sierra Leone
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- Опубліковано 15 січ 2023
- Sierra Leone offers opportunities for investment. The country is gifted with a favorable tropical climate with fertile soil advantageous for agriculture, an extensive continental shelf with numerous varieties of fishery resources, a natural environment offering touristic prospects, and vast mineral resources. The economy has potential in five main areas: agriculture, fisheries, mining, tourism, and small-scale manufacturing. Agriculture and fishing are the mainstay of most of the population, though much of this is subsistence farming and artisanal fishing. Mining of minerals, especially iron ore, diamonds, gold, rutile, ilmenite, and bauxite are the main sources of foreign currency, though these are exposed to external shocks. Manufacturing activities are primarily limited to the processing of raw materials and light industries for the domestic market.
Over the years, Sierra Leone has made significant reforms in easing the process of setting up a business, including establishing a one-stop shop for company registration. In 2020, the World Bank ranked the country 58 out of 190 countries with a 91 percent score for easing the process of starting a business, one of ten indicators used in evaluating the business climate. The government also implemented the UNCTAD ASYCUDA World System, an online system that enhances trading across borders.
Sierra Leone provides access to a market of more than 50 million people via its membership in the Mano River Union with Côte d’Ivoire, Guinea, and Liberia, and a market of over 400 million people through its membership to the Economic Community of West African States (ECOWAS). In 2018, Sierra Leone also joined the African Continental Free Trade Agreement which brings together fifty-four African countries with a combined population of more than one billion in a single continental market for goods and services. Sierra Leone is also accorded duty-free access to large markets like the European Union’s Everything But Arms initiative and the United States’ African Growth and Opportunity Act (AGOA).
Foreign investors can engage in agriculture, agribusiness, fisheries, and tourism, and can undertake ventures in infrastructure like in energy (including renewables), manufacturing, construction, communication, and transportation, and in other sectors like education, finance, health and natural resources. The government seeks investment in all these sectors and engagement will potentially ignite economic growth and development. The GoSL wants economic growth and development to be led by the private sector.
#indianinafrica #freetown #sierraleone
nice information
main 5 saal sierra leone freetown mein tha, abhi wapas aya hu, itna easy nahi hai par kaam hota hai bada kaam hota hai, capital bhi bada chahiye.
Very nice
Super video vai
Bhai, you information is helpful, Can you please brief about liquor business ?
Yah 20000 $ possible to start shop like restaurant or like culb …building materials also and alcoholic
Iron ore or manganese ore okhan theke import kora jete pare ki ?
i will be in free town on 1st march as a tourist
Bhai yaha Indian kitne hai lagbhag
Are you still in Tokeh? thanks for the post
Hii
brother es desh mein land ka price kya chal raha hai per ekar??? mein punjab se hu aur agriculture hi karta hu bai
Bro my client is calling me there I’m a software developer
Mujhe gold trading ka business karna h siera leone me
How can I contact you ?
Sir how much does it cost to register the company
It’s depends on type
India me hamara salt, china clay, quartz stone Ka trading business hai....kya ish country me iye sab export Kar sakte hai....iha pe kya koi importer association hai ? ..jaha pe contact Kiya jai
Nhi mere hisab se. Lekin aap check kar sakte he dusra jaga se
I acre or 1 lot town lease price
It will depend on many factors. Visit here
10000/20000$ open shop or restaurant
It depends brother as per your requirements. But it's possible
@@Namaste_Africa Thanks bay
What about pharmaceutical business
Video will coming soon with all details
hi
Apka wtsap nombar dedow
भाई क्या आप Rajasthan से है क्या
No
Bihar se hai bhai maybe
Greetings from India 🇮🇳....I want to start pig farm 🐖..is there demand..
No
sir meri pase diamond nolan he Muje help kijia
Ping me in Instagram
हम गोल्ड हम भारत la सकते क्या
Yes
Call me
Aapki Instagram id
instagram.com/chowdhury_kutub?igsh=ZmIydWVmMG5zcm8%3D&