Benin
Burkina

Capvert

C.Ivoire

Gambia

Ghana

Guinea

Guinea B.

Liberia

Mali

Niger

Nigeria

Senegal

S.Leone

Togo
logo

West African Bankers Association

Association des Banques d'Afrique de l'Ouest

 Please Select Your Language

HOME PAGE ABOUT US WHAT WE DO MEMBERSHIP INITIATIVES OUR EVENTS RESOURCES USEFUL LINKS CONTACT US
1 2 3 4 5 6 7 8
WABA Training Schedule 2016
 1. Report Writing and Presentation Skills
 2. Management Programme for Secretaries
 3. Management Programme for Personal and Special Assistants
 4. Human Resource Management
 5. Credit Facility Structuring, Documentation and Perfection of Securities
 6. Risk Management
 7. Fraud Prevention
 8. Documentation and Administration of Securities for lending
   
 
benin
Information on Sierra Leone Information on the Economy of Sierra leone
List of Banks in Sierra Leone How to create a company
 

Republic of Sierra Leone:

The 1991 to 2002 civil war between the government and the Revolutionary United Front (RUF) resulted in tens of thousands of deaths and the displacement of more than 2 million people (about one-third of the population), many of whom are now refugees in neighboring countries. With the support of the UN peacekeeping force and contributions from the World Bank and international community, demobilization and disarmament of the RUF and Civil Defense Forces (CDF) combatants has been completed. National elections were held in May 2002 and the government continues to slowly reestablish its authority. However, the gradual withdrawal of most UN Mission in Sierra Leone (UNAMSIL) peacekeepers in 2004 and early 2005, deteriorating political and economic conditions in Guinea, and the tenuous security situation in neighboring Liberia may present challenges to the continuation of Sierra Leone's stability.

Official Name: 
Republic of Sierra Leone 
short form: Sierra Leone

ISO Country Codesl 

Time:
Local Time = 
UTC 
Actual Time: 
Sat-Oct-3  15:45 

Capital City: Freetown (1 million)

Country Calling Code: +232

Other Cities: Bo, Kenema, Lungi, Makeni, Yengema


Government: 
Type: Republic with a democratically elected President and Parliament.
Independence: 27 April 1961 (from Britain).
Constitution: 1 October 1991.

Geography:
Location: Western Africa, bordering the North Atlantic Ocean, between Guinea and Liberia.
Area: 71,740 km² (27,698 sq. mi.)
Terrain: Three areas are coastal belt of mangrove swamps, wooded hills along the immediate interior, and a mountainous plateau in the interior.
Highest point: Loma Mansa (Bintimani) 1 948 m 

Climate: tropical; hot, humid; summer rainy season (May to December)

People:
Nationality: Sierra Leonean(s).
Population: 5.4 million (2011 est.)
Ethnic groups: Temne 30%, Mende 30%, Krio 1%, small Lebanese community.
Religions: Muslim 60%, Christian 30%, animist 10%.
Languages: English (official, regular use limited to literate minority), Krio, Temne, Mende, and 15 other indigenous languages.
Literacy: 15-30%.

Natural resources: Diamonds, gold, titanium, bauxite, iron ore, chromite.

Agriculture products: Rice, coffee, cocoa, palm kernels, palm oil, peanuts; poultry, cattle, sheep, pigs; fish.

Industries: Diamonds mining; small-scale manufacturing (beverages, textiles, cigarettes, footwear); petroleum refining.

Exports partners: 
Belgium 61.6%,Germany 11.8%, USA 5.4% (2004)

Imports partners: 
Germany 14%, Cote d'Ivoire 10.7%, UK 9.1%, USA 8.4%,China 5.6%, Netherlands 5%, South Africa 4.1% (2004)

Currency: New Leone (SLL)

 

 

 

 

  QUICK LINKS & RESOURCES
 

WABA LEADERSHIP

WABA's executive secretariat is under the strategic leadership of the CEO ...read more


BOARD OF DIRECTORS

Board members provide leadership for WABA and its overall operation ....read more


   
 

ANNUAL MEETINGS

WABA's Annual General Meeting creates platform for members to converge ...read more

TRAINING COURSES

Greater attention is being given to training on short courses. Register ...read more


   

Latest News


AfDB approves US $120-million corporate loan to Ghana Airports Company - First private sector investment in Ghana’s transport sector

01/10/2015 - On September 30, 2015, the Board of Directors of the African Development Bank (AfDB) approved a US $120-million corporate loan to support Ghana Airports Company Limited’s (GACL) capital investment programme. The programme entails the construction of a new terminal at Kotoka International Airport (KIA) in Accra, and rehabilitation of other airports managed by GACL including Kumasi, Tamale, Ho and Wa Airports. The loan is the first private-sector investment that the AfDB has financed in Ghana’s transport sector.


Benin, Côte d’Ivoire and Ethiopia to benefit from African Trade Insurance (ATI) Membership Programme

23/09/2015 - The African Development Bank (AfDB) Group has approved a combined US $30 million soft loan to Benin, Côte d'Ivoire and Ethiopia to be utilized for membership subscriptions in the African Trade Insurance Agency (ATI). This is a critical step and a prerequisite for ATI to commence its operations within these countries. Under the approvals, Benin and Ethiopia will each receive US $7.50 million, whilst Côte d'Ivoire will receive US $15.0 million


Banks Positively Reassessing Liberia

There has been a rising stream of good news coming out of the Republic of Liberia. The country recently celebrated a ten year milestone of peace. President Ellen Johnson Sirleaf, elected in 2005 as the first elected female head of state in Africa was re-elected to a second term in 2011. The President was jointly awarded the Nobel Peace Prize in 2011. Other Liberian accomplishments include:

• Corporations
• Election to the UN’s IMO (International Maritime Organization) council
• White listed by OECD Global Forum
• Leading country in extractive industry transparency Initiative
• World’s largest quality Ship Registry

The treatment of Liberian business entities has not always kept pace with the changes in the country. There is a misconception internationally that there are sanctions against Liberia. There are no International nor US Treasury sanctions against Liberia. UN, EU and US Sanctions all specifically target the associates of former President Taylor and his administration. In fact, US Treasury sanctions state:

Title 31 Part 593 of the U.S. Code of Federal Regulations: “The sanctions set forth in E.O. 13348 and implemented in the Regulations are targeted sanctions directed at the regime of former President Charles Taylor. The sanctions are not directed against the country of Liberia, the Government of Liberia, or the Central Bank of Liberia. They do not prohibit the provision of banking services to Liberia, including the maintenance of correspondent banking relationships with Liberian banks, unless the bank in question is a person whose property and interests in property are blocked pursuant to the Regulations.” (Link: PDF Sanction Overview)

International and US Treasury sanctions do not target Liberian corporations. In fact there are no sanctioned Liberian nonresident corporations or Liberian-flag vessels.

In addition, please note: read more……..

 

 

 

About WABA


     
3
2
1
     
Our Mission and Objectives

 

What We Do at WABA
Our Leadership and Governance

 

     

The West African Bankers Association's mission is "to develop, promote, generate, coordinate and drive cross border banking and financial transactions that will enhance regional trade, economic and financial integration and development." ...read more

WABA creates avenues for the revision and exchange of information on banking practices in the sub-region in particular and in Africa in general, and a forum for the discussion of common problems. The enhancement of the promotion and strengthening of ...read more

WABA comprises 3 organs namely; The Secretariat, The Executive Council and the General Assembly, including the Executive Management, and the Board of Directors. The Secretariat is run by the Secretary General who is the Chief Executive Officer. ...read more

 
 
 
 
 
Copyright © West African Bankers Association. All Rights Reserved.