Department of Industrial Technology

Permanent URI for this collectionhttps://dspace.njala.edu.sl/handle/20.500.144402/181

Browse

Filters

2023 - 20256

Advanced Search

Filter by

Settings

Has files: No

Search Results

Now showing 1 - 6 of 6
  • No Thumbnail Available
    Item
    The Impact of Timber Export on Economic Growth in Sierra Leone
    (Science Research Publication, 2023-09-30) Dumbuya, Ibrahim
    Sierra Leone is one of thenatural resource-based economies in Africa that relies on its natural resource exports for growth. This study examines the impact of timber export on economic growth in Sierra Leone between 1990 and 2020 using time series data from the Statistic Sierra Leone and World Development Indicators. The analysis uses cointegration and error, correction models. The findings from the result showed that timber export has an insignificant effect on the economic growth of Sierra Leone in both the short and long run. The findings recommend, among other things, that policies aimed at increasing the productivity and quality of timber be implemented. Furthermore, the additional value needs to be added to the timber before exporting. Correspondingly, the professional knowledge and expertise needed to transform the harvested timber to final products made available by training local technicians in the timber processing value chain.
  • No Thumbnail Available
    Item
    The Effect of Foreign Direct Investment on Economic Growth in Sierra Leone
    (Science Research Publication, 2023-10-31) Dumbuya, Ibrahim
    Sierra Leone is one of thepoorest economies in Africa that relies heavily on foreign direct investment (FDI) inflow for growth. This study examines the impact of FDI on economic growth in Sierra Leone between 1990 and 2020 using time series data from the World Development Indicators (WDI). The analysis uses cointegration and error, correction models. The findings from the result showed that FDI has a significant positive effect on the economic growth of Sierra Leone in both the short and long run. The findings recommend, among other things, that policies aimed at increasing the productivity and growth be implemented. Furthermore, since FDI of the economy is also significant, government should make further efforts to strengthen the implementation of it reform agenda which has the potential to attract more FDI into Sierra Leone. This is true because, the inflow of FDI has been on the increase because of the increase in exportation since the introduction of certain reform measures by the government which have further encouraged and boost foreign investment in various sectors of the economy.
  • No Thumbnail Available
    Item
  • No Thumbnail Available
    Item
    Comparative Study of Soil Profiles of Ceramic Stoves Production Clays of Sierra Leone: (Case Study of Four Traditional Pottery Communities)
    (2024-05-05) Fofanah, Mohamed Syed
    Sierra Leone soils are mainly ultisols in which the accumulated clay has long been recognized as an important raw material for building and manufacturing of ceramic utensils. The basis for classification and understanding ceramic clays is the soil profile description made in the field, where soils occur. Laboratory investigations only supplement understanding of soil profile descriptions made in the field. For ceramic products to be appreciated in Sierra Leone, which has a high potential for the establishment of ceramic industry due to her huge deposit of clay, research has to be done to provide information on the various clay deposits with reference to their ceramic suitability and to do so an understanding of the soil profiles from which this clays are extracted is essential. Two hundreds or more years have passed since the discovery of ceramics and many civilizations in the world have developed this industry to economically viable and environmentally sound levels. Where Sierra Leone stands in all this development is yet to be determined. The development of ceramics at the traditional level in Sierra Leone has regrettably not advance beyond the first basic stage discovered by primeval man. To this day, sundried mud instead of firm relatively indestructive fired bricks are used for building houses in rural communities. This study aims at identifying some properties of soil profiles whose clays could be used in ceramics production of tiles, bricks and household utensils so as to establish small scale ceramic industries that could improve the livelihoods of pottery communities in Sierra Leone. Three soil profiles, representing taxonomic units, were sampled from each of the four sites (Pa Loko, Niagorehun, Yengema and Mabettor). The sampled soil profiles from each unit were described using freshly exposed vertical pits and fresh auger boring at depth within horizons. Clay samples were collected from the "B" Horizon and both the physical and chemical properties of these clays were analyzed. From the results of both the physical and chemical analyses of the clay samples collected from the various soil profiles, a conclusion could be made that the clays are suitable for the production of ceramic building materials, especially fired bricks. For manufacture of ceramic wares, these clays need further processing through addition of grog and other additives to improve it firing characteristic.
  • No Thumbnail Available
    Item
    The Relationship between Foreign Direct Investment and Economic Growth: A Review of the Literature (1994-2023)
    (Science Research Publication, 2025-02-28) Udeh, Ernest
    This paper presents a comprehensive review of the literature examining the relationship between Foreign Direct Investment (FDI) and economic growth from 1994 to 2023. Over the past three decades, a growing body of research has explored the channels through which FDI impacts economic growth, including technology transfer, capital accumulation, and improvements in human capital. While early studies primarily focused on the direct benefits of FDI, more recent research highlights the importance of host country characteristics, such as institutional quality, governance, and absorptive capacity, in determining the extent of FDI’s positive effects. Additionally, the role of FDI in fostering productivity, innovation, and infrastructure development has been increasingly recognized. The findings suggest a complex, context-dependent relationship, with FDI often promoting economic growth in developing and emerging economies, but not always yielding the same results in advanced economies. This review synthesizes key theoretical frameworks, empirical findings, and policy implications, offering valuable insights for policymakers seeking to harness FDI as a driver of sustainable economic development.
  • No Thumbnail Available
    Item
    Effect of Inflation on the Savings Mobilization Potential of Commercial Banks in Sierra Leone. A Case Study of the Rokel Commercial Bank
    (2025-05-20) Sannoh, Idrissa
    The economy in Sierra Leone is characterized by a perpetual inflationary trend. Inflation is a critical concern for a stable financial system in business entities. As a result of inflation and the poor financial performance of business entities in Sierra Leone, the non-performing loan (NPL) indicator exceeds the tolerable limit, which negatively impacts the profitability of banks. The destructive consequences of inflation are untold. For instance, the financial liberalization theory agrees that inflation results in macroeconomic disability. The aim of the study is to help optimize the local savings mobilization capacity of commercial banks in Sierra Leone, enabling them to efficiently survive in light of the challenges presented by the inflation trend. A secondary research design was employed in the study using both quantitative and qualitative systematic reviews. To complement the secondary data, a rapid assessment study was carried out with customers and officials of the Sierra Leone Rokel Commercial Bank and the Bank of Sierra Leone regarding issues of their likely behavior in light of changing financial intermediation variables such as the deposit rate of interest (DRI), lending rate of interest (LRI), Treasury Bill Rate (TBR), and foreign exchange rate (FER). Records on the savings pattern of customers were used to determine the Total Deposit Output Rate (TDOR). The coverage period is from the 2018 to 2023 financial year. The study revealed that inflation adversely affects the local funds mobilization efforts of commercial banks in Sierra Leone. The behavior of bank customers and the profit maximization behavior of commercial banks stand out as the two main causes. The evidence gathered indicates that during inflationary periods, commercial banks focus their investment funds on the foreign exchange market, limiting funds available for local investment through higher lending rates and selective credit control instruments.