Invest Salone is a private sector development initiative that aims to help Sierra Leone realise the benefits of international trade and raise the incomes of 370,000 people by 2025. It plans to achieve this through reducing the risk of investment in Sierra Leone and supporting market development.

Sierra Leone is one of the poorest countries in Africa, with a poverty rate of 54%. This is reflected in a largely informal, underdeveloped and unproductive private sector. However, the country has a vast potential for faster, more inclusive growth that could create jobs for youth, make it more competitive globally, raise tax revenues and lift it out of its dependence on international aid.

Invest Salone is working to reduce the cost and risk of doing business in Sierra Leone. It also helps firms to grow using a spectrum of tools, including brokering links between producers and buyers and technical assistance.

Invest Salone works across four key sectors: agriculture, fisheries, manufacturing and tourism.
Transforming agribusiness through agricultural investment

Sierra Leone has about 5.4 million hectares of arable land with fertile soil and abundant rainfall suitable for agribusiness. Agriculture contributes significantly to the country’s economy with around two thirds of the workforce employed in the sector.

Investment in Sierra Leone’s agricultural sector has the potential to increase the country’s exports of products such as oil palm, cashew, coffee and cocoa. With government and private sector investment in the agriculture industry, the sector is projected to grow by 4.2% in 2019.