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Sierra Leone recently attracted significant inflows of Foreign Direct Investment (FDI) in export-oriented mining and agribusiness. These investments have usually involved large-scale land deals with local communities that have been facilitated and brokered by government officials, local politicians, and paramount chiefs. Affected people and communities were supposed to receive compensations for lost land and, in addition, they expected to find gainful employment opportunities with multinational companies.
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Documentos de política y resúmenes
This paper was written as part of the research initiative entitled Engaging the Business Community as a New Peacebuilding Actor. It is a joint project of the Africa Centre for Dispute Settlement (ACDS), CDA Collaborative Learning Projects (CDA), and the Peace Research Institute Oslo (PRIO), funded by the Carnegie Corporation of New York and the Norwegian Ministry of Foreign Affairs.
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Documentos de política y resúmenes
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.
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Documentos de política y resúmenes
The land grabbing issue has produced a plethora of debates ranging from ethical conduct of land grabbing agents, specifically concerning displacement, to evidence for and against positive externalities such as technological spill-overs and construction of infrastructure. An underexplored topic is the valuation of agricultural land and the compensatory payments made to land users, distinct from land owners, for the loss of their source of food security.
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Library Resource
Documentos de política y resúmenes
Sierra Leone’s new National Land Policy, recently approved by the cabinet, presents a progressive and ambitious plan for protecting land rights that will strengthen women’s access to land, give communities a bigger say over land management and create a better framework for major land investments. All of which is urgently in need if Sierra Leone’s future development is to benefit the entire nation.
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