RicherFin · Sovereign Projects

Sierra Leone - Rice Agro-Industrial Special Zone Project (SLERAZ) – Phase I — Sierra Leone

Sierra Leone · Samu, Kambia District · Agricultural policy and administrative management

Overview

The Sierra Leone Rice Agro-Industrial Special Zone Project (SLERAZ) – Phase I is an agricultural transformation project designed to promote inclusive and sustainable rice agro-industrial development in Sierra Leone. The project supports an integrated rice value chain approach combining climate-resilient production, land and water development, post-harvest and aggregation infrastructure, agro-industrial processing, and private-sector investment promotion. It will be implemented in the districts of Kambia and Port Loko, with a focus on building a rice-focused agro-industrial platform that links farmers, aggregators, processors, SMEs and market actors. The total project cost is estimated at UA 57.57 million (USD 78.64 million), financed by an ADF grant of UA 17.67 million (USD 23.94 million), co-financing from the OPEC Fund of USD 50 million (equivalent to UA 36.90 million), and an in-kind Government contribution of UA 3.0 million (USD 4.70 million).

Key project information

Official name
Sierra Leone - Rice Agro-Industrial Special Zone Project (SLERAZ) – Phase I
Status
Approved
Current phase
Approved
Country
Sierra Leone
Location
Samu, Kambia District
Sector
Agricultural policy and administrative management
Project structure
Public investment / AfDB sovereign financing
Estimated project cost
XDR 17.7m
Expected completion
2028-12-31