Oakland Institute

Reframing the Debate Inspiring Action

World Bank's Bad Business in Sierra Leone

Since 2004, the World Bank has provided continuous “investment climate advisory services” to Sierra Leone. Business reforms and Bank-piloted programs such as Sierra Leone Business Forum and the Sierra Leone Investment and Export Promotion Agency led to the World Bank classifying Sierra Leone among “the top 15 economies that improved their business regulatory environment the most” since 2005 and rank the country third in the regional “Protection of Investors” category. In the agricultural sector, reforms around land, mapping of parcels, and fast-tracking land leasing processes have attracted investors eager to develop large-scale monocrop plantations of sugar cane or oil palm, which deprive local communities of their resources and undermine human, social, and environmental rights in Sierra Leone.