Approval Date | 17 Jul 2019 |
Signature Date | 20 Aug 2019 |
Planned Completion Date | 31 Dec 2024 |
Sovereign / Non-Sovereign | Sovereign |
Sector | Agriculture and Rural Development |
DAC Sector Code | 31110 |
Commitment | U.A 7,990,000 |
Status | Implementation |
The Sierra Leone Agribusiness and Rice Value Chain Support Project (SLARiS) is designed to stimulate a viable upstream agribusiness sector in Sierra Leone. This aims to promote economic diversification, food security, sustainable employment opportunities and improved livelihoods. The project will primarily focus on the rice value chain which is the staple food in Sierra - Leone. It will also support the emergence of maize and livestock as secondary value chains which have the strong potential of meeting domestic food demands, import substitution, improving nutrition and farmers’ income. The SLARiS project which will be executed in the identified high potential agro-ecological zones in the country (specifically Kambia, Kenema and Moyamba) will be implemented over a period of five (5) years (2019 –2024). It comprises three (3) components namely: a) Support to Enhancement of Agricultural Input Production & Distribution Systems; b) Support to Agribusiness Development; and c) Institutional capacity development and Project Management.
The overall goal of the project is to stimulate a viable upstream agribusiness sector in Sierra Leone in order to promote economic diversification, food security, sustainable employment opportunities and improved livelihoods. The specific project objective is to transform the agricultural input supply sub-sector as a viable and inclusive business opportunity, in order to promote enhanced production and productivity required to improve the livelihoods of beneficiaries along priority value chains (rice and maize).
The direct beneficiaries of the project are estimated at around 32,000 farmers in the high potential targeted regions/zones. In addition, 1000 young agripreneurs and 4000 young graduates (disaggregated by age and gender) will benefit from the incubation program and the new agribusiness training curriculum respectively. The project will create approximately 50,000 direct jobs and improve the lives of 150,000 indirect beneficiaries.
Funding
African Development Fund
|
Implementing
GOVERNMENT OF SIERRA LEONE
|
IATI identifier | 46002-P-SL-AA0-019 |
Last Update | 14 Aug 2022 |
Name | EGHAN Mark |
m.eghan@afdb.org |
Country | Sierra Leone |