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.