Standard Chartered

The investment is to enable Wellard grow the business through a number of identified agribusinesses opportunities throughout the wider Asian region.

Africa's untapped agriculture potential make it an ideal partner for resource-constrained Middle Eastern countries that seek to improve their food security, a new report from Standard Chartered Bank said.

A South African farmers group said on Friday it had received fresh offers from African states, including Sudan and Mozambique, to invest in agriculture to grow export crops and some of the deals will be concluded soon.

Standard Chartered Bank's Africa private equity arm and a unit of Reliance Capital are in talks to invest in Dubai-based Karuturi Overseas.

The Gulf countries remain 'highly vulnerable' to commodity price volatility on international markets, as the recent surge in sugar prices shows.

Chinese investment in Africa is expanding beyond a race to secure minerals and energy sources to put an increasing focus on agriculture, the chief executive of Standard Chartered Bank said on Wednesday.

Gulf Cooperation Council (GCC) countries must invest in foreign arable land to boost its food supply and increase food security in the region in the long term, Standard Chartered economists said on Tuesday.