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Friday, April 10, 2015

Sirleaf, Malac; Inaugurates Industrial Rice Processing Facility

Ellen Johnson Sirleaf, President of Liberia, will today officially inaugurate  Liberia’s first industrial rice processing and warehousing facility, Fabrar Liberia Inc., in Kakata, Margibi County, alongside U.S Ambassador to Liberia, Deborah Malac, NiajaAgroNet reports.

NaijaAgroNet gathered that with financial and technical support from the U.S. Government through the USAID Food and Enterprise Development (USAID FED) program and private equity financing from West Africa Venture Fund in 2014, Fabrar Liberia Inc. was able to procure an automated rice processing plant and expand its warehouse facilities.

The USAID FED Program, NaijaAgroNet learnt is implemented in six counties: Bong, Nimba, Lofa, Grand Bassa, Margibi and Montserrado and aims to reduce hunger and promote food security by increasing agricultural productivity and profitability of food crops (rice, cassava, vegetables, and goats), stimulating enterprise development and building agriculture workforce.

As against the previous supply of rice entirely by foreign imports due to a lack of domestic supply, NaijaAgroNet gathered that, the Liberia Government through the industrial rice processing and warehousing facility and Fabrar Liberia Inc. would market rice to local consumers in Monrovia and throughout the country.

Fabrar Liberia Inc. (Fabrar) was fully incorporated 2009, as Liberian owned and run agriculture holding firm to tackle food insecurity in Liberia by improving the livelihoods of farmers and providing them with increased access to domestic and international food markets

Daniel Nsolibe/Ed, Ops.

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1 comment:

  1. I hope their new rice storage facility will help the more unfortunate in Africa. Lord knows there are still so many out there who are not getting enough to eat.


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