Sierra Leone - Country Commercial Guide
Trade Financing

It covers payment methods and information on, banking systems, foreign exchange controls, and U.S. and correspondent banking.

Last published date: 2020-07-29

It is difficult to obtain funding locally through Sierra Leonean banks and other institutional investors. Financing for large projects is funded with a mixture of debt and equity from commercial and or development banks. Private sector funding, provided by commercial bank loans, attracts very high lending rates which makes commercial loans expensive. Most commercial banks limit their activities to short and medium-term finance.