The executive supervising MIDROC's Ethiopian agriculture projects talks to The Africa Report about how rocketing consumption has been an opportunity for the company.
- Africa Report
-
05 January 2015
Commercial farming, with its vast tracts of land, is running into problems in Ethiopia’s Gambella region – and local communities are reaping few benefits
Saudi Star Agricultural Development Plc, an Ethiopian company owned by billionaire Mohamed al-Amoudi, said it plans to invest $100 million in a rice farm in western Ethiopia next year to kick-start the stalled project.
- Bloomberg
-
03 December 2014
At the heart of the current conflict is the government's development policy and the uncontrolled influx of migrants acquiring lands in the indigenous people’s territories.
African countries that missed out on Gulf cash pouring into agricultural projects elsewhere on the continent are trying to entice Arab investors with deals they say are designed to avoid problems of the past.
The Pakistani company MCG Consulting, which had been working with Saudi Star Agricultural Development Plc on a rice farm in the Gambella Regional State, has pulled out of the project.
- The Reporter
-
23 November 2013
Ethiopia's huge agricultural output has brought about an economic miracle for the nation. But inhabitants are being pushed out of their native land by foreign investors and have no share in the profits.
- Journeyman Pictures
-
28 October 2013
As ratings agencies and risk insurers increasingly factor in land tenure risk to their premiums, investors need to be aware of the potential costs that might be incurred through disruption, sabotage or loss of assets and the further possibility that the strong-arm tactics used by some African states to resolve disputes could invalidate or seriously impact on the level of insurance cover.
- Aegis Advisory
-
12 Mar 2013
The Ethiopian military responded to an attack on a farm in Gambella region owned by Saudi Star Agricultural Development Plc with arbitrary arrests, rape, and other abuses against scores of local villagers, says Human Rights Watch.
Major agricultural investor in Ethiopia, Saudi Star, has bigger problems there than it might have expected.
- African Agriculture
-
06 June 2012
The attack on the Saudi Star Company has served as a pretext for a hunting down of innocent civilians and a campaign of murder, torture, harassment and intimidation in the remote corners of the country, warns Anywaa Survival.
Indigenous people fear collective retaliation by government security forces.