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
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
Jetour to produce T1, T2 SUVs in South Africa from 2027 Chery to acquire Rosslyn plant, cre...
Ecobank named alongside AfDB, ECOWAS, EBID and BOAD in the April 27, 2026 corridor financing mis...
Matthew Sharples, who has served as Asara Resources’ managing director for over a year, had not until now been directly involved in board deliberations....
Africa air freight volumes rise 7% in March 2026 Growth slows after strong January-February surge, key routes decelerate Global cargo declines amid...
South Sudan declines to renew Oranto’s oil block B3 contract Audit cites failure on seismic surveys and drilling commitments Block reopened to...
Tungsten prices surpass $3,000/tonne amid supply disruptions, China curbs Rwanda, DRC gain opportunities; Rwanda leads with higher output US...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....