Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Public Management

India injects $30 mln into rice production in Sierra Leone

Wednesday, 16 October 2019 14:44
India injects $30 mln into rice production in Sierra Leone

(Ecofin Agency) - India is giving Sierra Leone $30 million to boost rice production, Venkaiah Naidu, the Indian Vice President, said after a meeting with the beneficiary country’s President, Julius Maada Bio.

The money will be pumped into the rice development project ongoing in Tomabom, according to daily Sierra Leone Telegraph. This project needs a total of $500 and aims to develop 110,000 ha of rice farms in the focus region.   

To reach this goal, the government plans to purchase the required machinery and tools and set up a seed multiplication unit. The construction of access roads is also planned.

According to authorities, the project’s completion will push rice production to 1.6 million tons by 2023, of which 900,000 tons will go for domestic consumption.

Espoir Olodo

Additional Info

  • communiques: Non
  • couleur: N/A
 
Finance


 
Mining


 
Telecom


ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

AGENCE ECOFIN
Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

EDITORIAL TEAM
redaction@agenceecofin.com

ADVERTISING SALES
Benjamin FLAUX
bf@agenceecofin.com
Tél: +41 22 301 96 11
Mob: +41 78 699 13 72

 

Please publish modules in offcanvas position.