Sudan

Egyptian private equity firm Citadel Capital said it was investing $40 million to grow crops in Sudan, where agricultural spending is increasing as the government moves to address food shortages.

Jordan's stalled Sudan agricultural investment project is no longer feasible, as no one will pay the infrastructure costs to transport water.

Abu Dhabi finalises scheme to purchase 29,400 hectares of land in Sudan

Egypt's government signed a deal to allow Egyptian companies access to 400,000 hectares of farm land in Sudan, the first deal of its kind between the two countries

"Os brasileiros é que vão desenvolver aquela região", prevê Gilson Pinesso. Há, segundo ele, 500 mil hectares reservados aos brasileiros pelo governo sudanês.

ASSOCHAM, India's apex industry body, has sent a proposal to the external affairs ministry offering to act as facilitator to help Indian farmers get farmland in Africa.

Sudan is seeking to attract at least $1bn of capital for its agricultural sector from Arab and Asian investment groups, which are turning to Africa in search of new food supplies as their governments try to manage the impact of commodity price inflation.

Citadel Capital Corp., an Egyptian private-equity firm with $8.3 billion in investments, said one of its companies received a $4.9 million loan from Bank of Khartoum for the plantation of land in Sudan.

Wafra, Citadel Capital’s agriculture platform in Sudan, said its portfolio firm has obtained a $4.9 million loan from Bank of Khartoum to support the farming of its first 2,076 acres of sorghum.

Exports would target markets in the EU, where demand is rising, Sudan's nine neighbours as well as the Common Market for Eastern and Southern Africa (COMESA) and the Arab world.

Another approach to achieve food security in South Sudan is to avail land to foreign nationals interested in commercial farming

Standard Bank plans to finance more land deals involving South African farmers seeking expansion opportunities across the continent to grow export crops, the bank said on Friday.