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President Julius Maada Bio has overseen the signing of a €35 million financing agreement between the Government of Sierra Leone and the European Union (EU) aimed at enhancing the country’s agricultural value chains under the Feed Salone initiative.
Finance Minister Sheku Ahmed Fantamadi Bangura described the agreement as a significant boost to the agricultural sector, emphasizing its role in strengthening food production and security. Minister of Agriculture and Food Security, Dr. Henry Musa Kpaka, welcomed the funding, highlighting its focus on cassava, oil palm, and infant food value chains. He commended the EU for supporting Sierra Leone’s agricultural transformation.
EU Ambassador Jacek Jankowski praised the partnership and reaffirmed the EU’s commitment to sustainable development. He noted that the funds would enhance processing efficiency, introduce climate-smart agricultural practices, and create jobs, particularly for women and youth engaged in Technical and Vocational Education and Training (TVET) programs. The initiative falls under the EU’s Multiannual Indicative Programme (2021-2027), aimed at bolstering food security and economic growth.
President Bio expressed gratitude for the EU’s support, emphasizing the impact of its investments on food security, job creation, and climate-smart agriculture. He assured that the grant would be efficiently utilized to achieve tangible outcomes in agricultural development.
The agreement reinforces Sierra Leone and the EU’s collaboration on sustainable agriculture and economic empowerment.
They must be happy at Statehouse. More money to steal, Bio and his cabal will be richer, farmers will be more desperate and our agriculture situation will be no better of five years from now. I hope the EU is smart enough to not just hand the cash to these thieves. It WILL NOT be used for its intended purpose.
What did the president agreed to? What is SL giving back to secure that loan??! You only wrote of one side of the agreement 🤔
Loan Management 101. Lots of folks in Sierra Leone do not know how aid money or loans get disbursed or even how they work. Yet, they are quick to talk trash without a scintilla of evidence. Sierra Leone is raising a bunch of educated idiots and that should be a cause of concern. In their ignorance they gloat in misinforming and often misguiding the gullible citizenry. Pity!!