In January 2026, in the presence of J. Alexander Nuetah, Minister of Agriculture of Liberia, Mainland Group signed cooperation documents with Wang Shaodan, Chairman of the China-Africa Development Fund (CADFund).

As a country blessed with abundant agricultural resources in Africa, Liberia takes food security and agricultural industrial upgrading as its core development priorities. Based on local development realities, Mainland Group has deployed cassava and rice full industrial chain projects to facilitate the modernization and transformation of local agriculture. The total investment of the project amounts to USD10 million, covering an area of 16.5 acres with scientifically planned functional zones and clear positioning. For the cassava processing project, the planned construction area of warehouses reaches 3,000 square meters, equipped with a modern cassava production line with a feeding capacity of 6 tons per hour. Upon operation, it is expected to produce 10,000 tons of cassava starch annually. The rice project covers the entire chain of cultivation and processing. The construction area of the processing zone is approximately 6,000 square meters, supported by a standardized planting base of 40,000 hectares. Once completed, its annual processing capacity will reach 100,000 tons.

At present, all preliminary work for the cassava processing plant project has been completed, including field investigation, site planning and selection, establishment of the cooperation framework, construction design and equipment procurement. The project has officially entered the substantive construction phase. For the rice project, basic preparatory work such as preliminary research and site selection has been finished, laying a solid foundation for subsequent large-scale advancement.

Going forward, the gradual implementation of the cassava and rice projects in Liberia will further improve Mainland Group’s layout of agricultural product industrial chains in Africa, forming industrial synergy with projects such as rubber in Côte d’Ivoire and sunflower seeds in Tanzania. The Group will continue to deepen the full industrial chain development model of “agricultural cultivation and processing + financial services + logistics and transportation,” contributing to the in-depth integration of China-Africa agricultural industrial chains and Africa’s food security.