Corporate M and A 2026

SIERRA LEONE Trends and Developments Contributed by: Gelaga King, Eku Williams, Robert Koroma and Valentina Coker, GPKLegal

Conclusion Sierra Leone’s business environment in 2026 is char - acterised by a mix of strong sectoral opportunities and a more structured regulatory and transactional framework. Key sectors such as mining, energy, oil and gas, technology, financial services and agriculture continue to attract investment, supported by clearer policies, structured financing and partnerships with international organisations. Large-scale projects, including mining financings, energy concessions and trade agreements, demon - strate that Sierra Leone is increasingly integrated into regional and global investment networks. At the same time, stronger regulatory oversight, corporate compli - ance requirements and ESG expectations, including community and environmental responsibilities, mean that investors must plan carefully and adhere to local requirements. Opportunities are available across sectors, but suc - cess depends on understanding local laws, engaging regulators early, addressing community and environ - mental risks, and structuring investments with clear governance and financial protections. For investors willing to navigate these requirements, Sierra Leone offers increasingly predictable and sophisticated opportunities across its core industries.

tions and environmental compliance, and these fac - tors are treated as material risks in deal analysis. Recent parliamentary involvement in a mining com - pensation dispute involving a major mineral producer highlights the increasing visibility of community-relat - ed enforcement. In late 2025, a parliamentary com - mittee directed the operator to provide GPS land data and a drone survey following community complaints about delayed crop compensation, demonstrating how community issues can attract formal oversight and affect operational stability. Sierra Leone’s Environmental Protection Agency (EPASL) plays a key role in enforcing environmen - tal legislation, overseeing environmental and social impact assessments and administering compliance and grievance mechanisms. As a result, transaction documentation increasingly includes enhanced rep - resentations and indemnities tied to environmental and social compliance metrics, reflecting the rising importance of ESG factors in investment decisions.

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