The Need for Local Job Creation

SMFG takes its role in the wider economic development of the region very seriously.

To address the needs and expectations of the surrounding community, SMFG seeks to catalyse broad, inclusive economic opportunities that can build on the presence of a significant industrial enterprise such as the Nimba Iron Ore Project.

Agriculture in Lola Prefecture: Potential and Constraints

By far the most accessible and greatest potential for employment and economic development in Lola Prefecture – and across the country – comes from agriculture, an observation made regularly by the President and his Government.

However, agriculture in Lola Prefecture is generally under-productive and focused on subsistence technologies. Most local farmers have poor access to improved varieties, reasonably priced credit and agricultural inputs like fertilisers, pesticides and machinery. Their ability to process, store, transport and market products is generally low. The poor returns on their investments – labour, land and purchased inputs – discourage them from investing. Farmers themselves are keenly aware of these obstacles and eager for progress.



Wherever possible, SMFG will support design and investment in agribusiness opportunities in Lola Prefecture to promote viable regional development.