IsDB to Invest $800 Million in Agriculture and Livestock

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By: Saidu Jalloh

The Islamic Development Bank (IsDB) is set to invest a significant $800 million into Sierra Leone’s agricultural sector, with a focus on enhancing local food production through key value chains such as cassava, rice, and livestock. The initiative aims to strengthen food security, reduce poverty, and stimulate economic growth, particularly in rural communities.

On April 22, 2025, the Ministry of Agriculture and Food Security hosted a high-level meeting with representatives from the IsDB and its development partners at the Youyi Building in Freetown. The engagement focused on strategic collaboration for advancing projects in the cassava and rice value chains while also exploring opportunities under the Livestock and Livelihood Development project.

During the session, the Minister of Agriculture and Food Security, Dr. Henry Musa Kpaka, highlighted the longstanding partnership between Sierra Leone and the IsDB. He described the meeting as a vital platform for aligning development efforts, mobilizing resources, and encouraging further investment. The minister noted that this significant funding commitment was made possible following President Julius Maada Bio’s visit to Saudi Arabia last year.

Additionally, the IsDB’s Country Operations Manager for Sierra Leone, Guinea, and The Gambia, Mr. Omar E. Davies, confirmed the disbursement of over $100 million to jumpstart the cassava and livestock projects. He emphasized the importance of accountability and efficient use of funds to achieve tangible results.

Looking ahead, officials from the ministry and the IsDB plan to visit project sites to assess ongoing work and identify new opportunities for expansion. The meeting concluded with a shared commitment to promoting sustainable agriculture and innovative practices that align with Sierra Leone’s national priorities.

 

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