GDP
June 17, 2008
Here is a basic breakdown of Sierra Leone’s GDP.
Gives an idea of purchasing power, energy de[pendance, imports, exports etc
GDP - per capita: purchasing power parity - $800 (2005 est.), $500 (1999 est.)
GDP - composition by sector:
agriculture: 49%
industry: 31%
services: 21% (2001 est.)
Sierra Leone Currency
June 17, 2008
The currency of Sierra Leone is the ‘Leone‘
Pictured here is a 10,000 Leone banknote, introduced in 2004.
The currency was introduced in 1964 & each ‘Leone’ is made up of 100 cents.
Celtel to sell shares
April 13, 2008
Celtel International has directed Celtel Africa to launch an initial public offering (IPO) to international and local investors.
Celtel Zambia Managing Director David Venn disclosed on Tuesday that Celtel Zambia will launch its IPO on April 28.
As the first to declare its offer’s launch date, Celtel Zambia will be the first to launch its IPO.
Celtel networks in other African countries are still working on regulatory requirements.
“In Celtel Zambia, Celtel International BV has provided an offer for sale of over one billion shares, representing a 20 % share capital in Celtel Zambia,” Venn said.
Zambia’s Minister of Communications and Transport Dora Siliya said the move by Celtel to sell shares is a good response to the growth of information and communication technologies (ICT) in the country.
Marketing Director of Celtel Sierra Leone Evans Muhanga said he was aware of the IPO but that it took Zambia some three to four years to be able to get to the point of launching an IPO.
“However, it will be premature for Celtel Sierra Leone to make any official public statement on the IPO because it would have raised peoples hope when it is not yet time,” he said adding that the process could be undertaken different stages across countries in Africa.
Celtel International is a pan-African mobile network with a presence in 15 African countries including Madagascar, Nigeria, Sierra Leone, Ghana, Chad, Burkina Faso and the Democratic Republic of Congo (DRC).
It has more than 400 million subscribers whilst it continues to build and operate world-class communications networks that deliver reliable and competitive services in Africa.
