piggy-bank_1577538805.png

WHAT IS THE FUND?

The Fund is a US$ 12M financing facility that offers grant funding and technical assistance to agribusinesses in Sierra Leone.

hand_1577538779.png

WHY THE FUND?

The Fund was set up as part of the Governments Post Ebola recovery strategy, to revive the agricultural sector by promoting out-grower models through value-chain financing to selected agri-businesses linked to out-grower schemes.

plant_1577538838.png

HOW WILL THE FUND HELP?

The fund is meant to be a catalyst to be used to leverage commercial financing and by so doing, spur sustainable agricultural development.

The Sierra Leone Agribusiness Development Fund (SLADF) is a component of the Smallholder Commercialization Agricultural Development Project (SCADeP).

SCADeP is a US$ 55 Million project being implemented by the Government of Sierra Leone, with credit funding of U$ 40 million from the International Development Association (IDA) of the World Bank and a grant of US$15.0 million from the UK Department for International Development (DFID) to support the feeder roads component. The project targets four main commodity value-chains. These are rice, cocoa, oil palm and poultry.

However, even though the primary focus is on these four value chains, the project will support other value chains that demonstrate commercial viability and integrate smallholder farmers in the intervention areas. In addition to financing, the project will support advisory services or technical assistance to support priority non-financing constraints identified by value chain actors