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AIIC Calls for Financial Backing to Elevate Liberia’s Rice Industry

Foya District, Lofa – The Agricultural and Infrastructure Investment Company (AIIC), a pivotal player in Liberia’s rice industry, has issued a call for financial assistance to expand its transformative operations in the country’s rice sector.

AIIC’s efforts have made significant strides in boosting rice production and ensuring food security, yet the need for further investment remains pressing.

The AIIC is renowned for its innovative approach to rice production, processing, and packaging. As a grantee of the World Bank’s Start-P Project, which is overseen by Liberia’s Ministry of Agriculture, AIIC has enhanced its capabilities through significant investments in technology and infrastructure. Previously, the company benefited from USAID sponsorship, which provided vital logistical support.

The Start-P Project facilitated the acquisition of advanced machinery, including a state-of-the-art color sorter worth US$32,000, a tractor valued at US$35,000, and a daft truck costing US$45,000.

These investments have substantially increased AIIC’s operational capacity, enabling the production of an impressive 16 metric tons of rice per hour. This equates to 40 bags of Liberian Queen rice, each weighing 50 kilograms, with a quality specification of 5% broken.

Such advancements underscore AIIC’s role in revolutionizing rice production in Liberia, contributing significantly to the nation’s food security.

AIIC’s commitment extends beyond mere production. The company actively engages in community development through vital school feeding programs in collaboration with Mercy Corps and the World Food Programme (WFP).

These initiatives ensure that children across the country receive nutritious meals, reflecting AIIC’s dedication to supporting education and improving the well-being of future generations.

“We also have two school feeding programs across the country in collaboration with Mercy Corps and the World Food Programme (WFP),” stated Jangai V. Fofana, AIIC’s General Supervisor. This initiative highlights AIIC’s holistic approach to community development, linking agricultural success with educational support.

Despite these advancements, AIIC faces significant financial hurdles, particularly in securing funds to purchase rice from local farmers.

The company sources rice in two primary categories: lowland and upland. Lowland rice is procured at a cost of US$17 per 52 pallets, while upland rice is bought for US$16 per 52 pallets. This pricing structure is a reflection of the varied growing conditions and associated costs of rice production.

“The major challenge we face is acquiring enough cash to consistently purchase rice from local farmers,” Fofana explained. “Our goal is to support the agricultural community and ensure a steady supply of high-quality rice, but financial constraints limit our capacity.”

AIIC’s plea for financial assistance is a testament to the potential of strategic investments in agriculture.

By enhancing processing capabilities and supporting local farmers, AIIC is not only driving economic growth but also contributing to Liberia’s food security and overall development.

As the  AIIC continues to navigate these challenges, the company remains steadfast in its mission to transform Liberia’s rice industry. Sustained support and investment are crucial for AIIC to achieve its vision of a self-sufficient Liberia that reduces its reliance on rice imports.

Jangai V. Fofana expressed confidence in AIIC’s potential, stating, “If this company is fully supported by the government and other local and international NGOs, the country will reduce the importation of rice.”

View of AIIC’s partial rice products

The Agricultural and Infrastructure Investment Company (AIIC) is a leading entity in Liberia’s rice value chain, focusing on aggregation, processing, and packaging. Leveraging strategic investments and partnerships, AIIC aims to enhance production efficiency and support local farmers, playing a critical role in Liberia’s agricultural future.

As Agriculture and Infrastructure Investment Company continues to appeal for financial assistance, it is evident that with the right support, the company can further its impactful work, driving Liberia towards a more secure and prosperous agricultural landscape.

By: G. Watson Richards

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