IBEX, Obasanjo Farms Partner to Revamp Poultry Industry

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The poultry industry was among many flourishing enterprises in pre-war Liberia, but the sector became dormant as the result of Liberia’s successive devastating civil wars. 

With the commissioning of Obasanjo Farms Liberia (OFL)’s 95,050 egg-capacity hatcheries last May in Grand Cape Mount County,  there are prospects to revamp the poultry industry of Liberia.

 OFL and USAID-funded Liberia Investing for Business Expansion Program (IBEX) are collaborating to support poultry farmers by providing them financial services, technical assistance and capacity building.

 The General Manager of Obasanjo Farm, Adeyemo G. Jamiyu, who spoke at the commissioning ceremony of the two entities, said the mandate of the farm is to promote and support the revival of the poultry industry in Liberia.

 “The essence of this Farm is not limited to direct employment for Liberians, but also to stimulate self-employment, particularly in the poultry sector,” Mr. Jamiyu alluded.

Mr. Jamiyu further disclosed to that the OFL will provide necessary support to farmers who are engaged into poultry farming and give them capacity building that would enable farmers to produce and manage their farms.

According to him, facilities have been put in place; training and extension services will shortly be provided for them.

“Considering the need for financing poultry farmers,” he said, we are here to create good understanding with IBEX to have training for poultry farmers on ways of accessing loans and understanding the requirements of financial institutions.”

Also speaking, USAID-IBEX Chief of Party, Mrs. Watchen Harris Bruce, said IBEX staffs are ‘financial doctors’ who diagnose SMEs’ problems and challenges and help them find solutions in order to expand, make profit and grow.

“We train, coach, mentor, handhold and advise SMEs on business planning and management, cash-flows, financial statements and projections, basic record keeping and creation of awareness of  financing opportunities”,  Mrs. Bruce added.

IBEX is currently working with SMEs in seven operating sectors.  are: Agribusiness, Clean Energy, Construction, These are Infrastructure, Transportation/Logistics, General Merchandize Trade and Hospitality.

She noted that IBEX-OFL collaboration is critical for the revitalization process of poultry industry, which will make a positive impact on the crop sector of agriculture.

In addition, Madam Bruce said partnership will have a multiplier effect on the country’s economy and boost Gross Domestic Product (GDP).   

At the event 15 pre-screening in-take questionnaire forms were completed and returned by interested individuals who want to benefit from the IBEX program, including farmers of the Deaf Agricultural Development Farm Project.

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