L’Institution arabe d’investissement et de développement agricole a conclu avec la Mauritanie une convention lui permettant d’exploiter une superficie de 3.200 ha de terres agricoles dans ce pays, a-t-on constaté lundi à Nouakchott.
The loan will be used to develop 3,500 hectares of land in the eastern basin of the Rkiz plain (300 km south of Nouakchott), develop another 2,200 hectares and rehabilitate 1,000 hectares in the western basin of the same plain.
Egypt plans to lease 25,000 hectares of agricultural land to Arab investors.
Egypt plans to lease 25,200 hectares of agricultural land this year to a firm affiliated with an Arab investment body, its agriculture minister said,
The Agricultural Development Fund, the Islamic Development Bank and the Arab Authority for Agricultural Investment & Development are holding talks to provide insurance on the agricultural projects being funded by King Abdullah's Initiative for Saudi Agricultural Investment Abroad
In an effort to help tackle food security, officials yesterday agreed to double the capital of the Arab Authority for Agriculture Investment and Development, a multilateral lender aimed at promoting investment in agriculture.
AAID is also setting up an agricultural land investment company, in conjunction with Saudi investors, which will start with capital of $60 million to acquire land in Egypt, Sudan and Kazakhstan.
Abu Dhabi is preparing to launch a large-scale agricultural project in Sudan to develop more than 70,000 acres of land as part of the oil-rich Gulf emirate's efforts to secure food supplies.
There’s a whole school of economic thought that says that Collier is wrong, that big is not necessarily better in agriculture — and that the land deals therefore might be unwise not because they’re wrong but because they’re unprofitable.
Gulf Arab states will pour $2 billion into a new agricultural fund in coming months to secure food supplies by buying stakes in existing agricultural firms, an executive involved in the fund's creation said on Sunday.
Since details emerged of Saudi Arabia’s plans to ensure supplies of wheat, rice, corn, soya beans and alfalfa through overseas agricultural investments, officials have insisted that they intended the programme to be private-sector led.
Saudi agricultural company Tabuk Agricultural Development Co has started preparations to invest in food production abroad, driving up its stock.
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Russia seizes assets of agricultural firm AgroTerra
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