Last updated on August 29th, 2019 at 12:45 am

Sierra Leone is a tropical country with a climate that offers two seasons, the rainy season from May to December, and a dry season from December to May. It lies on the coast of West Africa, bordered by the Atlantic Ocean in south west, by Liberia in south east and it is half surrounded by Guinea in north and north east.
The name Sierra Leone can be  trace back to 1462, when a Portuguese explorer sailed down the coast of West Africa. There seems some dispute whether it was the shape or climatic conditions that influenced Pedro da Cintra to come up with “Sierra Lyoa” meaning Lion Mountains.
Sierra Leoneis marked by the poorest standards of living. It is the 1st country with lowestlife expectancy and the second highest infantmortality rates in the world. Seventy percent of the population lives below the poverty line  
 

Republic of Sierra Leone

Capital: Freetown

  • Population 7.4 million
  • Area 71,740 sq km (27,699 sq miles)
  • Languages English, Krio (Creole language derived from English) and a range of African languages
  • Major religions Islam, Christianity
  • Life expectancy 51 years (men), 52 years (women)

What are some interesting facts about Sierra Leone?

The country is also rich in diamonds and other minerals.
  • One of the top 10 diamond producing nations in the world, it also earns a lot of foreign currency from minerals.
  • Sierra Leone is famous for “blood diamonds” that were mined and sold during teh civil war to raise money for weapons.
  • The dominating religion is the Islamic religion. Islam (78%) and Christianity (21%) are the two main religions in the country.
  • The main minerals mined in Sierra Leone are diamonds, rutile, bauxite, gold, iron and limonite.
  • The favourite food of sierraleonean is stew. Stews are a fundamental part of Sierra Leone’s cuisine, with Cassava leaves having been called the country’s national dish. Stew is often served simultaneously with jollof rice, white rice or snacks such as plantain, akara, yam or cassava.
  • Sierra Leone’s Ethnic Groups. In all there are 16 ethnic groups in Sierra Leone. The largest of these is the Mende, found in the Southern and Eastern Provinces. Next to them in number is the Temne in the North.
  • Spoken languages are English (official), English Creole, Temne, Mende and other West African languages. 
  • Sierra Leone government type is Republic with a democratically elected President and Parliament.
  • Sierra Leone gained Independence in 27 April 1961 (from Britain). and its constitution was formed 1 October 1991.  
  • Sierra Leone agricultural products includes Rice, coffee, cocoa, palm kernels, palm oil, peanuts; poultry, cattle, sheep, pigs, fish.
  • Sierra Leone based in the following industries Diamonds mining; small-scale manufacturing (beverages, textiles, cigarettes, footwear); petroleum refining.
  • Sierra Leone export commodities are mainly iron ore, diamonds, rutile, cocoa, coffee, fish.
  • Sierra Leone export partners includes China 31.3%, Belgium 27.8%, Romania 11.3%, USA 7.3%, India 4% (2015) 
  •  Sierra Leone Imports commodities includes foodstuffs, machinery and equipment, fuels and lubricants, chemicals.
  • Sierra Leone Imports partners includes China 23%, India 7.9%, USA 6.4%, Netherlands 5.1% (2015)  
  • Sierra Leone is ranked 29th in the world for protecting investors, according to the World Bank’s ‘Doing Business 2012′ study. It is also placed 19th in the Sub-Saharan African region for the ease of doing business

What is Sierra Leone Currency?

The leone is the currency of Sierra Leone. It is subdivided into 100 cents. The ISO 4217 code is SLL and the leone is abbreviated as Le placed before the amount. 

The leone was introduced on 4 August 1964. It replaced the British West African pound at a rate of 1 pound = 2 leone.
The Banknote is been issued  by the Bank of Sierra Leone.
1 Sierra Leonean Leone (SSL) equals 0.042 Nigerian Naira as  of today. This means that a average Nigerian who have 42205.8 NGN is actually possessing 1, 000, 000 SLL in his account.

Becoming A Millionaire in Sierra Leone

1 Sierra Leonean Leone (SSL) equals 0.042 Nigerian Naira as  of today. This means that a average Nigerian who have 42205.8 NGN is actually possessing 1, 000, 000 SLL in his account.

  • Going to Sierra Leone with just 42205 naira is a great deal as one can use it to invest greatly in Sierra Leone economy thereby maximizing profit and taking advantage of their economy.
  • One can also stay home here and buy shares from sierra leone companies, the turn out may not be much but it promising to be a great financial breakthrough.
  •  Company creation: one can create a company and base on export which in turn will generate high revenue.
  • Other type of investment like land, asset acquisition, company establishment can also be done.

Sierra Leone is sweet for doing business – Ghanian Busineess Man

Sierra Leone is sweet to do business: Ghanaian Businessman testifies 

 

A popular Ghanaian business tycoon in the sub-region, Joseph Siaw Agyepong, Chief Executive Officer of the Jospong Group of Companies has said in Freetown that Sierra Leone has lots of potentials and that the country is sweet to do business. Joseph Siaw Agyepong jets into the country on Sunday 19th February 2012 to carryout feasibility study on some of the potentials in the country and see how best he can work with the government of Sierra Leone. He was welcomed by key government officials at the Freetown International Airport in Lungi and at the Government Wharf in Freetown. After Dr. Joseph Siaw Agyepong landed on the soil of sierra Leone for the first time, he was conveyed by the government officials to the Bintumani Hotel and later went to the residence of the Minister of Information and Communication and later saw the President, Dr Ernest Bai Koroma at State House. He had held fruitful discussions with government functionaries on best ways in which he can invest in the government printing sector in Sierra Leone. 

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Thinking of where to invest the little money, consider Sierra Leone. 
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