
As part of an unprecedented move to bolster agricultural development and economic growth in Guinea-Bissau, His Royal Highness Prince Ebrahim Sanyang, a renowned philanthropist, was received by government of Guinea Bissau through the Ministry of Agriculture under the leadership of Dr. Fatumata Balde on a groundbreaking collaborative partnership.
The envisaged partnership, solidified during a high-profile meeting at the Ministry's headquarters in Bissau, marks a significant milestone in the nation's quest for agricultural self-sufficiency, food security and economic empowerment.
The key initiatives that were highlighted include:
- Agriculture Development Bank of Guinea-Bissau – where Prince Ebrahim will champion the establishment of the Bank, aimed at providing crucial financial support to agricultural projects across Guinea-Bissau. This initiative seeks to enhance access to financing for farmers and entrepreneurs in the agricultural sector.
- Biggest Commercial Rice Farming Project - With a bold vision to achieve rice food self-sufficiency and eliminate rice imports within five years, this project represents a monumental step towards elevating the standard of living for the citizens of Guinea-Bissau. Additionally, it includes an affordable housing initiative for farmers, fostering sustainable growth and prosperity.
- Establishment of the Largest Cashew Processing Factory – This investment will establish West Africa’s biggest cashew processing factory. By adding value to the national economy through processed cashew exports, this initiative will position Guinea-Bissau as a net exporter in the global market, unlocking vast opportunities for economic prosperity and international trade.
- Major Poultry Farming Venture - With the objective of eradicating processed chicken imports, this project will establish the largest chicken poultry farm in the country, contributing to food security and economic self-reliance.
- Technical Assistance and Capacity Building - HRH Prince Ebrahim will provide vital technical assistance to the Ministry of Agriculture, supporting capacity-building programmes to enhance skills and expertise within the sector.
- Low-Cost Housing for Ministry Staff - Recognising the importance of a dedicated and motivated workforce – HRH Prince Ebrahim through Royal Africa Holdings pledges to invest in low-cost housing initiatives for Ministry of Agriculture staff and farmers, ensuring their well-being and productivity.
- Investment in Agricultural Value Chains- HRH Prince Ebrahim Sanyang through Royal African Holding will invest in critical agricultural value chains such as transportation, storage, and distribution, fostering efficiency and sustainability across the agricultural sector.
Read Other Articles In Headlines
