Vainga Agriculture Development and Management Consultancy (VADEMCO), a Liberian agribusiness and service provider, is set to secure a US$20mn investment fund, marking another significant stride in its commitment to enhancing Liberias agriculture sector
On 2 October 2023, VADEMCO dispatched two senior management representatives to Accra, Ghana, engaging in a week-long preliminary investment agreement meeting with international development partners. The delegation comprised VADEMCO programme manager, G. Ambullai Perry, and its Rice Value Chain consultant.
Suliman V. Kamara, CEO and senior consultant of VADEMCO, stated "This project will be a wealth-building opportunity for over 10,000 smallholder farmers in Liberia, as well as for VADEMCO management itself."
Upon the return of the VADEMCO delegate over the weekend, detailed information about the project will be made public. Kamara highlighted that the project's implementation is slated for early 2024, contingent upon political stability and a favourable business climate. The initiative is anticipated to generate more than 1,000 job opportunities for youth and offer training for 50 or more young Liberians.
VADEMCO plans to fill the gap in agriculture extension services left by the Ministry of Agriculture and Non-Governmental Organisations (NGOs). They utilise the Agriculture Value Chain Development (VCD) approach, offering services such as training, coaching, and technical assistance in production best practices, post-harvest handling, processing, packaging, and marketing.
With a robust income-generating programme, including assorted food processing, commercial tree crop nursery, Farmer Field School (FFS), Tree crop Farm Revitalisation services, and Contract Farming, VADEMCO stands as a key player in fostering agricultural development and sustainability in Liberia.
