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.

FAQ: The promise of environmental, social and governance (ESG) investment principles for Sierra Leone

On the final day of the COP26 climate summit, Sierra Leone’s banking sector came together at a roundtable in Freetown, Sierra Leone, to agree on a coordinated approach towards mainstreaming environmental, social and governance (ESG) standards in their operations. This will help Sierra Leone tackle the effects of climate change by paving the way to a slice of the private finance pledged to support the global transition to net zero carbon emissions. Keep reading to find out more.

The future of work in Africa: The roles of skills, informality, and social protection in unleashing the promise of digital technologies for all

This article discusses a new World Bank report about how sub-Saharan African countries could benefit from well-harnessed technological adoption and how supportive policies and investments are needed to put lower-skilled and lower-educated workers in a position to benefit from digital technology adoption.

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.

The power of collective action: The evolution of the Renewable Energy Association of Sierra Leone (REASL) & Sierra Leone’s solar market growth

The Renewable Energy Association of Sierra Leone (REASL) has played a pivotal role in driving renewable energy policy reforms and streamlining policy actualisation in Sierra Leone. REASL has leveraged the power of collaboration and solidarity, as well as its dynamic and ambitious membership, to cement its role as the leading renewable energy force in Sierra Leone.

SOBA small solar market analysis

This is a research document that examines the limitations of the Sierra Leone’s pico and solar home system market. It highlights some of the constraints that prevent the solar market from developing and achieving impact for low-income households across the country. There are also recommendations and opportunities for Sierra Leone to improve the performance of the small solar market.

Lion Mountains’ flatbed dryer

Lion Mountains is one of the leading rice processing businesses in Sierra Leone; they provide reliable market access to thousands of small farmers. In order to meet the challenges of drying rice, SOBA connected Lion Mountains with the Formel Industry & National Industrialization Centre (FINIC) who introduced to them the concept of the reversible flatbed dryer.

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