President Bio to Launch $34.12M Rice Project

Ahead of the official launching of the Regional Rice Value Chain Project (RRVCP) in the Ministry of Agriculture and Forestry, popularly known as the Tormabum Rice Project, farmers across project locations in Kambia and Bonthe districts have commended President Julius Maada Bio for his commitment towards the development of the rice value chain in the country.

President Bio will be officially launching the Tormabum rice project on Friday 11th June in Bum Chiefdom, Bonthe District. The $34.12 million Regional Rice Value Chain Project is jointly funded by the Government of Sierra Leone, Islamic Development Bank, and the Arab Bank for Economic Development for Africa (BADEA). The five-year project will benefit 7000 smallholder farmers, 5000 in Bonthe, and 2000 in Kambia.

The main objective of the project is to contribute to reducing the high importation rate of rice and enhance economic growth through improved production and productivity in a sustainable manner, processing, and marketing. The project will also increase vertical and horizontal production by adding newly irrigated areas to the existing productive ones and by introducing an array of institutional and technical interventions to increase productivity.

The project is going to support the Sierra Leone Agricultural Research Institute (SLARI), Seed Multiplication Program (SMP), Sierra Leone Seed Certification Agency (SLeSCA) to ensure they are supported for efficiency. Apex Bank will be supported to also work with farmers. 

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