Since the organization initiated its first project in the country in 1980, IFAD has provided a total of US$ 127.2 million in financing for seven loans and three grants for programmes and projects with a total cost of US$249.8 million.
Operations were suspended during the civil war, and started up again after the war ended in 2002. At that time IFAD and the African Development Bank (AfDB) established a joint programme coordination unit (JPPCU) to facilitate management and increase cost effectiveness of operations in agriculture and the rural sector.
The IFAD portfolio in Sierra Leone currently comprises two projects:
IFAD'strategy in the country
The country strategic opportunities programme (COSOP) for Sierra Leone for 2010-2015 will continue to support the Government's rural poverty reduction goals, which are closely aligned with the Millennium Development Goals and foster agriculture as the ‘engine' of socio-economic growth. This COSOP is also fully aligned with the second poverty reduction strategy paper and the new National Sustainable Agricultural Development Plan 2010-2030 launched in October 2009.
IFAD's strategy focuses on three main areas:
- support to agriculture –smallholder farmers' access to irrigation, technical skills and market is improved;
- support to rural finance – the rural poor have access to reliable and sustainable financial services (savings, credit, transfers, remittances);
- support to local development – the rural poor increase their level of participation in the management of local decentralized institutions.
Country strategic opportunities programme (COSOP)
Inside De Farm: Sierra Leone National Programme Coordination Unit monthly newsletter
March 2013 | April 2013
FSA initiative: Sierra Leone update