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Category: Business in Sierra Leone
Business in Sierra Leone
In Sierra Leone, the accepted and publicly legalized forms of doing business include a limited liability company, a public limited company, a legation, and a foreign company branch. To start a business in Sierra Leone, you must first register with the Corporate Affairs Commission. Their duty is to regulate Companies from their incorporation through the … read more
Supporting Sierra Leonean Businesses
Sierra Leone is a West African nation with a rich history and a diverse cultural heritage. Despite its many assets, the country has faced significant economic challenges in recent decades, including high levels of poverty, unemployment, and low economic growth. In order to address these challenges and support the development of the country, it is … read more
Made in Sierra Leone
Made in Sierra Leone is a Country brand. Like many other countries in the world, Sierra Leone is making waves in the tourism and business platforms with its MADE IN SIERRA LEONE brand and apparel. This is simply a marketing strategy often used by many countries to sell out their brands and put themselves high … read more
E-Commerce in Sierra Leone
Buying and selling of goods and services online is not a new form of business transaction; it hasexisted for decades and evolved rapidly overtime. The development of Science and Technology,smart phones, computers, including other electronic devices -has over the years made it a loteasier to buy or sell products over the internet through digital stores. … read more
Dealing with inflation in Sierra Leone
According to the statistics office in Sierra Leone, the average year-over-year inflation rate for food and non-food items is 26.65% and 23.98%, respectively. These are most likely massaged and conservative numbers. The reality here is that most Sierra Leoneans are living by some “miracle.” The new leones have quickly devaluated against the dollar at a rate we’ve … read more
Why Sierra Leone’s internet usage in 2022 is at an all-time high
According to data reports, Sierra Leone’s population grew by 2% from 2021 to 2022. The current population is estimated to be 8.22 million, and as of January 2022, 2.67 million of the total population were internet users. The 2.67 million internet users is a 12.5 % increase compared to 2021. More Sierra Leoneans have flocked … read more
Is Sierra Leone currency redenomination good for the country?
Redenomination of currency is not a new phenomenon. Most underdeveloped countries have gone through such an exercise with varying economic results. Ghana did it in 2007, and Zimbabwe did it in 2009. Both countries had significant challenges with the implementation, but Ghana had more positive results. This was because they had relatively stable macroeconomic conditions … read more
Take control of your building project in Sierra Leone.
Managing home-building projects in Sierra Leone is increasingly challenging with the global economic outlook. The cost of building materials is very high, and the prices are also volatile. Family members and friends acting as project managers or building site supervisors on behalf of their loved ones in diaspora find it challenging to communicate an … read more
Becoming a vendor on 247bigmarket platform
In this 21st century, businesses’ success sometimes becomes dependent on accessibility via traditional and digitized means. Companies offering online purchasing with delivery or pick-up choices instantaneously possess an edge over businesses without an online presence. 247big market, a product of BAAJA Technologies LLC, is an online platform (www.247bigmarket.com) created for businesses within Sierra Leone to … read more
