Sierra Leone’s President Julius Maada Bio made a significant announcement on the first day of the 2023 African Investment Forum (AIF) Market Days by presenting an impressive $800 million rice industrial complex project.
The project aims to establish a fully integrated rice industrial complex in Sierra Leone, further bolstering the nation’s economic growth and food security.
During a boardroom session on Day 1 of the AIF Market Days, President Julius Maada Bio unveiled the visionary project, which is a cornerstone of the Sierra Leonean government’s flagship “Feed Salone” program. This ambitious endeavor has garnered attention and interest from both domestic and international stakeholders, making it a pivotal moment for the country’s economic development.
The President expressed his gratitude to the AIF Founding and Institutional Partners, which include the African Development Bank, AfreximBank, Africa 50, Africa Finance Corporation, Development Bank of Southern Africa, European Investment Bank, Islamic Development Bank, and Trade and Development Bank. These partners have played a crucial role in facilitating the presentation of this groundbreaking initiative to a diverse audience, including private sector representatives, development finance institutions, and various regional and international organizations.
President Julius Maada Bio emphasized the importance of utilizing the AIF Marketplace platform to attract investments and collaborations that align with the strategic interests generated during the boardroom session. This project signifies Sierra Leone’s commitment to fostering economic growth, creating employment opportunities, and advancing the country’s agricultural sector through innovative and sustainable means. As Sierra Leone embarks on this exciting endeavor, the world will be watching closely to see how this ambitious rice industrial complex project unfolds in the heart of West Africa.
Huna go present $800 mil but huna nor go account for 1bag res after few years time. Na so we don spend $1 billion pa electricity from 2012 to 2023 but tay now we dae pa blackout.. Da money dae 4 mk light dae na di most remote village na Salone but huna all busy dae tiff di money.
Den also forget about de ivory coast light sef? Maybe dem don eat da moni sef. SALONE government plan for sign agreement for electricity power from Guinea next year 50mega watts from January to June 2024 and 20mwatts from July to December that same yr.. papa government when shall we have a sustainable energy in this country? Shame 😭😭😭 on you politicians, you never have this nation at heart but God will judge you for the wicked things you are doing to the people of this country. People are paying charges for the following, electricity, road, medical, water supply and they’re not getting it. But one day the true must itself..