Sierra Leone - Rice Agro-Industrial Special Zone Project (SLERAZ) – Phase I (AFDB-P-SL-AA0-026)

Regions
  • Africa
Geographic location where the impacts of the investment may be experienced.
Countries
  • Sierra Leone
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • African Development Bank (AFDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Mar 26, 2026
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Sierra Leone - Ministry of Agriculture and Forestry
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Industry and Trade
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 24.08 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 78.45 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ AFDB website

Updated in EWS Jul 24, 2026


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, the Sierra Leone Rice Agro-Industrial Special Zone Project (SLERAZ) – Phase I is an agricultural transformation project designed to promote inclusive and sustainable rice agro-industrial development in Sierra Leone. The project supports an integrated rice value chain approach combining climate-resilient production, land and water development, post-harvest and aggregation infrastructure, agro-industrial processing, and private-sector investment promotion. It will be implemented in the districts of Kambia and Port Loko, with a focus on building a rice-focused agro-industrial platform that links farmers, aggregators, processors, SMEs and market actors. The total project cost is estimated at UA 57.57 million (USD 78.64 million), financed by an ADF grant of UA 17.67 million (USD 23.94 million), co-financing from the OPEC Fund of USD 50 million (equivalent to UA 36.90 million), and an in-kind Government contribution of UA 3.0 million (USD 4.70 million).

The development objective of the project is to strengthen inclusive and sustainable rice agro-industrial development in Sierra Leone, thereby contributing to reduced rice imports, improved food security and nutrition, job creation, and poverty reduction. This will be achieved by improving the enabling environment for a market-oriented rice sector led by the private sector and supported by government, in line with the country’s Feed Salone strategy to achieve national rice self-sufficiency by 2030.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

Environmental Category: [1] High Risk

The project Environmental risk category is confirmed as high risk (Category 1).

The environmental risks are: (i) overuse of water resources during irrigation (ii) chemical runoff from use of agrochemicals (iii) community health and safety risks due to water contamination (iv) noise pollution during construction (v) degradation of ambient air quality during construction.

The environmental impacts are: (i) depletion of local aquifers and reduction in water availability for downstream communities (ii) contamination of water bodies from agrochemicals which could lead to waterborne diseases and other health risks to communities (iii) harm to aquatic life (iv) disruption of the peace and quiet of nearby communities and potential hearing damage for workers from increased noise levels (vi) respiratory health issues for workers and reduction in local visibility from air pollution.

The social risks are: (i) loss of land and productive trees will eliminate primary source of income and displace families economically, (ii) Social conflicts due to unequal access to resources developed by the project, (iii) labour rights violations for workers to be employed, and (iv) increase in GBV and community health issues associated with an incoming workforce.

The social impacts are: (i) loss of primary source of income and of affected landowners/families in Kambia through the permanent acquisition of 20 hectares of land and from the loss of economic trees, (ii) loss of social cohesion and community trust leading to protests and grievances, (iii) worker injury, illness and exploitation, and (iv) physical and psychological harm to women in the community.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

The total project cost is estimated at UA 57.57 million (USD 78.64 million), financed by an ADF grant of UA 17.67 million (USD 23.94 million), co-financing from the OPEC Fund of USD 50 million (equivalent to UA 36.90 million), and an in-kind Government contribution of UA 3.0 million (USD 4.70 million).

Finance Instrument: Project Cycle Grant
Commitments (UA): 17,670,000
Conversion Rate USD (2026-03-26): 1,36276


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Name: Rebecca DADZIE
Email: r.e.dadzie@afdb.org

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.afdb.org/en/disclosure-and-access-to-information/request-for-documents. Under the AfDBs Disclosure and Access to Information policy, if you feel the Bank has omitted to publish information or your request for information is unreasonably denied, you can file an appeal at https://www.afdb.org/en/disclosure-and-access-to-information/appeals-process.

ACCOUNTABILITY MECHANISM OF AfDB

The Independent Review Mechanism (IRM), which is administered by the Compliance Review and Mediation Unit (CRMU), is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an African Development Bank (AfDB)-financed project. If you submit a complaint to the IRM, it may assist you by either seeking to address your problems by facilitating a dispute resolution dialogue between you and those implementing the project and/or investigating whether the AfDB complied with its policies to prevent environmental and social harms. You can submit a complaint electronically by emailing crmuinfo@afdb.org, b.kargougou@afdb.org, b.fall@afdb.org, and/or s.toure@afdb.org. You can learn more about the IRM and how to file a complaint at: https://www.afdb.org/en/independent-review-mechanism/

How it works

How it works