Sierra Leone Government Approves US$73 8 Million to Boost Housing, Agriculture and Jobs

Cabinet has approved development-financing agreements worth roughly $73.8 million to support housing, agriculture, food security and jobs, Information Minister Chernor Bah announced at Tuesday’s press conference.

That includes a $10 million loan to help Sierra Leone acquire more shares in Shelter Afrique Development Bank for housing finance; $23.8 million from the African Development Fund for a rice agro-industrial processing zone aimed at boosting production and farmer incomes; and a $40 million IDA grant for a climate-smart agriculture project expected to benefit nearly 100,000 farmers.