The business situation in Sierra Leone is gradually improving after the Ebola outbreak
25 July, 2016
Nothing makes people and business more scared than a serious, widespread epidemic. One of the most recent cases of such dangerous diseases occurred as recent as 2014, with three countries being most severely affected: Liberia, Guinea and Sierra Leone.
Many businessmen who managed to secure a loan from the Agricultural bank in Sierra Leone, had their investments were severely hit by Ebola.
"I usually purchase 150 to 300 tons of cocoa in a normal year, but during Ebola, I could only purchase 25 tons." said Dominic Moiwo, a cocoa beans entrepreneur.
Now two years after the deadly widespread infection took thousands of lives in this region, business is finally returning to normal and the picture in 2016 is beginning to brighten. There are no more quarantines limiting exports, logistics and capital movements. Companies such as CDC Group managed to survive without having to lay off workers in Sierra Leone, and today the company managed to double their staff and create additional business for the local communities. We already acknowledge positive signs from agriculture, tourism and fishery sectors in Sierra Leone. The Government has targeted agricultural reforms as means of improving the business climate and generating foreign investments. Efforts are further made to improve infrastructure with focus on power supply.
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