Sierra Leone: Mining spurs Sierra Leone to 20 pct GDP Growth in 2013 - IMF

Apr 3, 2014 | Umaru Fofana, Reuters
View Original

The rapid expansion of Sierra Leone’s nascent iron ore mining industry fuelled economic growth of 20 percent last year, according to IMF data, but prices also surged in the impoverished West African nation. Interest in its largely untapped mineral resources has sparked a flood of investment in Sierra Leone a decade after the end of a devastating 1991-2002 civil war. Its economic growth rate is ranked among the highest in the world.