maffs slipf presentation

7/27/2019 MAFFS SLIPF Presentation

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Hon. Alie Badara MansarayHon. Alie Badara MansarayMinister of Agriculture, Forestry and Food SecurityHon. Alie Badara MansarayHon. Alie Badara MansarayMinister of Agriculture, Forestry and Food Security

Agri BusinessSector Overview

Generated by Foxit PDF Creator Foxit Softwarehttp://www.foxitsoftware.com For evaluation only.


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45%

66%

25%

GDP Employment Exports

Ag. is Critical to SLs EconomyAgriculture as a % of National Total

Non A.

$0

$250

$500

$750

$1,000

2002A 2004A 2006A 2008P

Crops

LivestockForestry

Fisheries

Agri-Business Is Growing SharplyAgriculture GDP ($MMs)

75%11%

25% 89%

0%

20%

40%

60%

80%

100%

Land Arable Land

Despite Underutilization of Arable Land% of 2008 GDP

Arable

Non A.Not

Culti-

vated

Cultivated

...and We

Are Just

Getting

Started!

Agriculture is Pivotally Important to SL...



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3

The Interior Plateau and

Mountains

Rice, Cocoa, Coffee, Oil PalmRoughly the eastern half of the

country, is composed mainly of

granite with a thick iron-bearing

crust, with the Loma and Tingi

Mountains and numerous

narrow inland valley swamps

associated with the river

systems

Western Area

Peninsula

Citrus, Mangoes, Livestock

The site of Freetown is a

region of thickly wooded

mountains that run

parallel to the sea for

about 25 miles

Western Area

Peninsula

Citrus, Mangoes, Livestock

The site of Freetown is a

region of thickly wooded

mountains that run

parallel to the sea for

about 25 miles

The Interior Plains

Rice, Sugar, Oil Palm, Cassava,

Cashew

Comprised of seasonal

floodplains (Bolilands) in the

north, rolling wooded country inthe south, and a variety of

landforms ranging from savanna-

covered low plains to rocky scarp

and hill country in the interior

The Interior Plains

Rice, Sugar, Oil Palm, Cassava,

Cashew

Comprised of seasonal

floodplains (Bolilands) in the

north, rolling wooded country inthe south, and a variety of

landforms ranging from savanna-

covered low plains to rocky scarp

and hill country in the interior

The Coastal Plains

Rice, Ginger,

Vegetables, CassavaExtending along the

Atlantic for approx.

200 miles, is a flat and

frequently flooded

plain that is between 5

and 25 miles wide

composed mainly of

sands and clays

The Coastal Plains

Rice, Ginger,

Vegetables, CassavaExtending along the

Atlantic for approx.

200 miles, is a flat and

frequently flooded

plain that is between 5

and 25 miles wide

composed mainly of

sands and clays

Diverse Ecologies Support Ideal GrowingConditions for a Variety of Crops



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Coast to 80km Inland 80km 190km

190km Border

>3,300mm (recorded high

as 8,100 mm)

2,540

3,300mm

1,900

2,500mm

Plentiful Rainfall and Irrigation Potential

Drainage & Irrigation Potential

Drainage & Irrigation Potential

Significant irrigation potential on more than M

Ha due to high rainfall and groundwater sources

Dense drainage pattern, with 9 major rivers and a

series of minor coastal creeks and tidal streams

Over of the irrigable area is in the Southern

Region (especially in Bonthe and Pujehun

Districts)

Location Area (Ha) District

1. Torma Bum 51,300 Bonthe (South)

2. Kumrabai

Mamilla

35,500 Tonkolili

(Central)

3. Rhombe 14,700 Port Loko (NW)

4. Gbundapi 41, 100 Pujehum (South)

5. Rolako 5,100 Bombali (North)

Climate

Climate

Dry Season runs from mid-November to end April

Wet (Rainy) Season from May to mid-November.

Rainfall can be divided into three climatic belts:

Average Rainfall (mm/yr)

0

500

1000

1500

2000

2500

3000

Sierra LeoneLiberia Guinea Ghana MalaysiaIndonesia Brazil

Priority Areas for Irrigation



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(Arable) Land Available in Abundance

Cultivated

4.8M ha of arable land available for

cultivation

Western (capital) Area allows private

ownership for any Sierra Leonean citizen

The rest of Sierra Leone is communallyowned, normally administered by the local

Paramount Chief

Investors can acquire long term leases

throughout the country, with potential for

multiple extensions

Land Suitability & Availability4.8 m ha of uncultivated arable land available

Central Government prepared to helpinvestors broker deals with local

communities by taking a head lease fromlandowners and sub-leasing to foreign

investors.(1)Source: Addax Bio-energy



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Supported by a Focused, Motivated Government

6

The National Sustainable Agriculture Development Plan (NSADP)

formulated as a result of CAADP provides a medium to long-term

sector investment programmes (up to 30 years) that has four (4) sub-

programmes:

Commodity commercialization targeting

rice, cassava, livestock, oilpalm, cocoa, coffee, cashew, fisheries and

forestry products using the agric. value chain

Agric and agric-related infrastructure to

promote the development/rehab of necessary

infrastructure including feeder

roads, irrigation, and post-harvesting facilities

for processing, storage and marketing

Private Sector promotion providing the

enabling environment: regulatory

review, incentivization, agribusiness financing

Sector Governance ensuring an effective and

efficient management of the sector, including

partner mutual accountability

10 year tax holiday for tree crops, 5

years for cereals

Import duty waiver for agricultural

inputs such as agric-machinery andagro-chemicals

Recent VAT reforms exempt

agricultural inputs from sales tax on

imports as well as consolidating

seven other taxes into one to

simplify business procedures

Leading Investment Incentive Package

Leading Investment Incentive Package



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$0

$10

$20

$30

$40

$50

$60

1967 1972 1977 1982 1987 1992 1997 2002 2007

Millions$US

Tobacco and cigarettes

Tapioca of Cassava

Fibre crops

Spices

Kolanuts

Palm products*

Cocoa beans

Green coffee

Key agricultural exports by value, 1967-2007

ConflictConflict

Historical

Peak

Historical

Peak

Sharp Recovery in Exports

Significant Growth

Remains to Return to

Historical Highs

Significant Growth

Remains to Return to

Historical Highs



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Commodity Brief Description

Rice Good growing conditions and much uncultivated land. Production has increased over last decade but

significant potential remains to improve yields with use of irrigation and agro-chemicals. Currentlyvery little fertilizers and no irrigation!

Areas suitable for mechanical cultivation include Torma Bum rice fields (51,300ha) in BontheDistrict, Gbondapi Rice fields (41,100ha) in Pujehun District and Kumrabai Mamilla (35,500 ha) inTonkolili District

Biofuel plus More than 5,000 ha of oil palm exist in Bonthe District, Southern ProvinceOpps for integrated production & refining of ethanol (sugar, Cassava) & biodiesel (oil palm)Production of Palm Kernel Oil (PKO) and other ancillary products including soapWorld Food Programme now buying local rice and planning to buy palm oil amongst other things for

its social protection programmes in the region

Sugar Excellent growing conditions Sierra Leone is part of the tropical sugarcane beltOpportunity to meet local consumption demand (currently 50% met through imports) as well as

export to EU & West Africa

Cocoa &CoffeeProcessing

Significant success being made in Cocoa which is Sierra Leones #1 agricultural export75,000ha of coffee and 40,000ha of cocoa in the Southern and Eastern provincesEnormous potential for improvement and growth -- pre-war favourable weather & soil conditions

afforded Sierra Leone a 10% premium on world prices. These conditions still exist

Carbon Gola Forest offers significant potential for carbon credits. A proposal has been prepared to theeffect. Another proposal has been made for the countrys protected forests

Cassava Hardy crop requires limited nutrients, which can be processed into a variety of forms

Cashew Grows throughout the country -- significant export and value addition potential

Investors already capitalizing on agricultural opportunities include Gold Tree, Sierra Fisheries, BioUnited Organic Cocoa, Balmed Holdings, Millennium Growers Cooperative, Addax BioEnergy and

Chinese Sugarcane

Opportunities Exist in Numerous Sectors



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Thank youThank you


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