Resource bank

Explore this resource bank to find toolkits, advice and information for business in Sierra Leone, as well as COVID-19 resources including health advice, policy responses and guides for businesses. Search key words or use the filter buttons to refine your search.

The state of entrepreneurship in Sierra Leone: Snapshot

This snapshot outlines the key issues that hamper the productivity of Sierra Leone’s entrepreneurial landscape across SOBA’s main focus areas. Interventions conducted by SOBA and other players in the ecosystem are also discussed. Full details of how the pillars of entrepreneurship impact small and growing businesses can be found in the full report.

The state of entrepreneurship in Sierra Leone: Full report

This is a study on the impact of each of the pillars of entrepreneurial ecosystems (Business Support, Finance, Human Capital, Culture, Policy, R&D, Infrastructure and Markets) on small and growing businesses. There are also policy recommendations for each pillar. In addition to details of these pillars, there are informative sections (1) Sierra Leone successful growth entrepreneurs characteristics and stories and (2) data base of business support services available to entrepreneurs in Sierra Leone.

Solar sector – Solar home system market analysis

This document presents analysis of the solar market to better understand the constraints and opportunities faced by the sector and to determine best-placed and systemic investments for the programme. It includes views of solar market limitations and finance constraints. Key constraints include distribution, skills, information and awareness. There is also a snapshot of solar market opportunities and recommendations for SOBA.

Solar market snapshot – Solar home system and solar energy policy

This document presents the government’s view of solar energy in Sierra Leone. In 2013, the government’s National Energy Policy and a Strategic Energy Plan set out their view for the coming years. This included the importance of renewable energy, dealing with regulatory barriers, signature to the Energy Africa Compact and collective action and advocacy.

Solar distributors & SOBA private sector partners

Solar distributors remain challenged with limited working capital, high costs associated with import and transportation requirements and long-term consumer financing, limited low-cost distribution options and limited solar product awareness. SOBA is collaborating with a number of Sierra Leone distributors and international suppliers to overcome these challenges.

Solar market snapshot – Financing gap

Current financial analysis indicates that: solar distributors in Sierra Leone are high risk investments; distributors require significant working capital to finance needs but find limited financing options; and long-term consumer finance is required to grow solar sales. This document also indicates financing alternatives compared to standard commercial options: PAYG solutions; patient capital and impact investment; and blended financing options.

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