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    BREAKING NEWS
    $1.1 Billion Senegal’s postponed Ndayane Deep Waterport to be Constructed in Coalition with DP World
    A twin Currency Trade Finance Line of Credit of $50 Million and €50 Million has been validated by the Board of Directors of the African Development Bank Group and the ECOWAS Bank for Investment and Development
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    $34.12 Million Scheme Doled out to Mambolo Chiefdom and Samu Chiedom in Kambia District of Sierra Leone and pari passu to Tomabum in Bonthe – Southern Sierra Leone, in a bid to Pioneer the Largest Scale Rice Planting Venture endeavored at ameliorating the Country’s dependency on the significance of the nation’s staple grub

    Posted On 23 Jan 2021
    By : New Africa Business News, Staff Correspondent
    Comments: 14

    By Abdul Rahman Bangura–

    Photo Credit: iStock

    NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Tractors and supplementary agribusiness machines are being hauled to three locales in Kambia and Bonthe districts to pioneer the vastest scale rice farming project in many years, hoped at reducing Sierra Leone’s dependence on the importation of rice – the country’s staple eats.

    The co-ordinator of the Rice Value Chain Project (RVCP) in the Ministry of Agriculture and Forestry, Abdulai Bun-Wai – Co-ordinator if the Rice Value Chain Project in the Ministry of Agriculture and Forestry, let out to the media that fifty tractors, harvesters and other heavy machinery were bossed for Mambolo and Samu in Kambia, District and Tomabum in Bonthe District for the advent of the $34.12 million project that will hire 7,000 growers and private corporations to plant, cultivate and process rice for local consumption.

    The Co-ordinator of the RVCP let out, the two districts selected; were the extensively doable districts for rice production as the rivers Sewa and Wanjei along Bonthe and Scarcies in Kambia rendered in making those spots satisfactory for that type of farming.

    “These two districts have the best advantage in the whole of West Africa for rice production’’, noted Bun Wai. Productive agribusiness for this planting season begins at Tomabum in February 2021 whilst enormous undertaking will get underway in Samu and Mambolo in March of 2021. The production will be of the outstanding tier and will
    administer the timely familial market, divulged Bun Wai.

    This enterprise is financed by the Islamic Development Bank and the Arab Bank for Economic Development in Africa (BADEA). Bulging on the status and capacity of government control over the project, Bun-Wai asserted, the administration of Sierra Leone would have some influence in concert with the financing pact, but that it’s mostly
    a private sector-led one.

    “We will encourage private companies in Sierra Leone to focus on seed rice production. We will be bringing experts from Africa Rice, the largest and most versatile seed experts in Africa for rice, and they are coming into the country very soon to engage the private sector players. They will select them, train and push them to do the job”.

    On the production segment of the project he said: “They (Africa Rice) will also identify private sector companies, train them and give them the support to engage small holder farmers and turn them into productive entities for producing paddy rice. Then we would also look for entrepreneurs who will be trained to do rice processing to the quality of imported rice. They will buy the machines and we would support them to go into rice processing”.

     

    For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent

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    Email: Info@newafricabusinessnews.com

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    14 Comments

    1. Foday January 23, 2021 at 3:41 am Reply

      Abdul great reporting. Our country is in the direct direction and agriculture is Africa. Kambia Sierra Leone. Foday

      • New Africa Business News, Staff Correspondent January 23, 2021 at 3:43 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    2. Nuru January 23, 2021 at 3:52 am Reply

      Thank you for the report. As we all know, more than half of the world’s fertile lands are in great Africa. Time to make best use of it. Addis Ababa Ethiopia. Nuru

      • New Africa Business News, Staff Correspondent January 23, 2021 at 3:54 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    3. Noah January 23, 2021 at 3:58 am Reply

      Fan of New Africa business news and thank you for covering the whole continent. Lusaka Zambia. Noah

      • New Africa Business News, Staff Correspondent January 23, 2021 at 3:59 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    4. Bob January 23, 2021 at 4:03 am Reply

      Thank you for signing me to your newsletter. Love it and I enjoy the daily newsletters. Frankfort Germany. Bob

      • New Africa Business News, Staff Correspondent January 23, 2021 at 4:04 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    5. Ahmed January 23, 2021 at 4:07 am Reply

      Congratulations for winning Africa journalist of the year, award. You deserved it. Cairo Egypt. Ahmed

      • New Africa Business News, Staff Correspondent January 23, 2021 at 4:07 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    6. Victor January 23, 2021 at 4:11 am Reply

      Our government in Sierra Leone is doing great job for the people. Like to thank the Leadership. Free town Sierra Leone. Victor

      • New Africa Business News, Staff Correspondent January 23, 2021 at 4:12 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    7. Patrick January 23, 2021 at 4:14 am Reply

      Thank you for the newsletters. Kampala Uganda. Patrick

      • New Africa Business News, Staff Correspondent January 23, 2021 at 4:15 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

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