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FAST FACTS AFRICA: Sierra Leone
July 15, 2014 - 15:55 GMT
Sierra Leone is a country in West Africa, bordering the Atlantic Ocean. Its key metals interests are bauxite, iron ore and gold.
The country's neighbours include Guinea and Liberia.
It covers an area of 71,740 sq km. Its population is
estimated to be about 6.2 million. The vast majority of Sierra
Leone’s export revenue is generated from mining.
The main minerals are bauxite, iron ore, gold, rutile (titanium
oxide) and diamonds. GDP growth forecast Sierra
Leone registered 16.3% real GDP growth in 2013, compared
with 15.2% in 2012, according to the African Economic Outlook
2014 report. Real GDP growth is expected to be lower, but still
impressive, in 2014 at 13.8% and 11.6% for 2015. The GDP
growth rate follows increases in annual iron ore
production and exports, as well increased productivity in
sectors such as agriculture and construction, and
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Euromoney Institutional Investor PLC.
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