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Stand-Alone Solar Investment Map: Sierra Leone

 

Sierra Leone: SAS Investment Highlights
  • Sierra Leone’s SAS sector received ~USD42m from 2016-19
  • To date, most funding into SAS has been in the form of technical assistance and capacity building support to industry bodies, and a few private SAS companies
  • Local commercial capital is yet to impact the sector, with locally-founded SAS companies finding it more profitable to grow through cash and B2B sales, rather than financing growth with external finance
  • Limited private capital, largely from impact investors, has reached only few, predominantly internationally led or founded, SAS businesses
  • Government has focused resources into policies that promote solar products but has not invested directly in SAS projects
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