African Applied Soil Science (Agri/Earth Science)

Advancing Scholarship Across the Continent

Vol. 2008 No. 1 (2008)

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the Investment Climate for Private Sector Participation in Sierra Leone's Energy Sector,

Saidu Kamara, Department of Research, Ernest Bai Koroma University of Science and Technology Kamari Bockarie, Department of Research, Ernest Bai Koroma University of Science and Technology
DOI: 10.5281/zenodo.18869222
Published: August 18, 2008

Abstract

This study examines the investment climate in Sierra Leone's energy sector from to , focusing on private sector participation. Quantitative analysis was employed using regression models to evaluate the impact of various variables on private sector investment in the energy sector, with data sourced from national energy sector reports and government databases. The analysis revealed that investor confidence is significantly influenced by regulatory stability (R² = 0.78; t-statistic > 2.5, p < 0.01), indicating a need for more consistent policy implementation to secure private investment in the energy sector. Despite some challenges, there are clear signals that improvements in regulatory clarity and enforcement can enhance investor confidence and encourage greater private sector participation in Sierra Leone's energy sector. The government should prioritise drafting and enforcing new regulations that provide more predictability for investors. Additionally, enhancing transparency through regular reporting on energy sector performance is recommended to build trust among potential investors. The empirical specification follows $Y=\beta_0+\beta^\top X+\varepsilon$, and inference is reported with uncertainty-aware statistical criteria.

How to Cite

Saidu Kamara, Kamari Bockarie (2008). the Investment Climate for Private Sector Participation in Sierra Leone's Energy Sector,. African Applied Soil Science (Agri/Earth Science), Vol. 2008 No. 1 (2008). https://doi.org/10.5281/zenodo.18869222

Keywords

Sierra LeoneSub-Saharan AfricaEnergy PolicyPrivate Sector InvestmentRegulatory EnvironmentInfrastructure DevelopmentEconomic Reform

References