Our comprehensive assessment of Sierra Leone's operating environment and the outlook for its leading sectors are formed by bringing together a wealth of data on global markets that affect Sierra Leone, as well as the latest industry developments that could impact Sierra Leone's industries. This unique integrated approach has given us an impeccable track-record for predicting important shifts in the markets, ensuring you’re aware of the latest market opportunities and risks in Sierra Leone before your competitors.
Sierra Leone Country Risk
Real GDP growth in Liberia will come in at 3.2% in 2016, on the back of the post-Ebola recovery, infrastructure investment and some limited growth in iron ore production.
The slump in the iron ore price will significantly weigh on growth, pushing back investment plans and reducing exports.
Political stability continues to improve as the country recovers from its civil war, although the drawdown of UN forces will test the authorities' capabilities.
A salient risk to our outlook for the Liberian economy stems from the Ebola disease. Although there are no known cases in Liberia at the time of writing, it has come back previously after the country was previously declared 'Ebola free' by the WHO.
Sierra Leone Industry Coverage (2)
Sierra Leone Mining
BMI View: West Africa's growth outlook will weaken on the back of continued mineral price weakness, inadequate infrastructure and the aftermath of the Ebola outbreak over the coming quarters. The region's long-term growth outlook remains promising due to countries' vast untapped mineral reserves, positive foreign investment outlook and infrastructure developments.
Sierra Leone Telecommunications
Sierra Leone's mobile market falls far behind its regional peers with mobile penetration expected to remain below 85% even at the end of our five-year forecast period. The mobile market has five competitors with the latest launching in H114. However, competition is focused between two main players that control 90% of subscriptions. While the international investors behind Africell and Airtel are important players in the future growth of Sierra Leone's mobile market, they crowd out the smaller players. Developments in the wireline segment are few and growth in the overall telecoms market will be driven by demand for wireless voice and data services.
Mobile subscriptions will grow 4.4% over the five year foreast period 2014-2019, rising from 4.95mn to 5.26mn. Faster growth is possible as newcomer Smart...