Sudan’s National Investment Authority says it offered a Saudi delegation six agricultural projects in various states in north and east Sudan to carry out a food security plan.
Saudi Arabia's Public Investment Fund and Russian Direct Investment Fund together are going to invest $10 billion into Russian projects, including agriculture.
Mohammed Hussein Al Amoudi plans to invest an additional $5 billion in Ethiopia's agriculture and agro-processing sectors over the 2016-2021 period.
Sudan is hosting the agriculture ministers from Egypt and Saudi Arabia for discussions on a proposal made by president Omer Hassan al-Bashir to use his country’s vast fertile lands to achieve Arab food security.
Almarai said to be among Saudi companies that plan to expand their business in Egypt, along with food oil firm Saffola and Jannat Agriculture Investment Company.
In January 2015, the Dutch embassy in Riyadh hosted a meeting with GCC investors and officials to discuss how to work together on land-based ag investments in Africa in order to achieve GCC food security.
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.
Saudi Arabia's strategy is to encourage the Saudi private sector to invest abroad using their financial surpluses, their ‘ag’ experience and the modern production and irrigation technology they have.
Sin actividad fiscal en la Argentina, este profesional del estudio Integritas Trust figura en los registros societarios de una multinacional saudí que se reunió con Cristina Kirchner y luego adquirió 12 mil hectáreas, 24 horas antes de que el Congreso de la Nación sancionara la Ley de Tierras.
How did such a promising idea (which appeared to offer a textbook example of a win-win situation) fail?
Khartoum Region will capture 30 percent of the $13 billion in Saudi investments, which are primarily focused on agriculture and mining says a senior official at the Sudanese Higher Council of Investment.
Riyadh trade show will bring together participants from over 40 countries to facilitate business partnerships as part of Saudi Arabia's drive to encourage businesses to invest in farming operations abroad.
