By providing powerful agricultural equipment and technical assistance, the brand is participating in Saudi Firm Al-Rajhi International's US$400 Million project to grow corn and wheat in Africa's arid lands
"The government has verified and delineated 1.6 million hectares of virgin land suitable for large-scale commercial farming in different parts of the country," Esayas Kebede, Director of the recently formed Agricultural Investment Support told Reuters.
La ONU hace sonar la alarma después de que se hayan comprado 30 millones de hectáreas.
If the host state and foreign investors act in conformity with these suggestions, they will maximise the prospects that any large-scale land transaction benefits all stakeholders and minimise the chances of concluding harmful deals.
Professeur de géographie politique et du développement à l’université Bordeaux-III et spécialiste des questions foncières en Afrique, Christian Bouquet nous livre sa réflexion sur l’évolution de ce phénomène inquiétant.
- Jeune Afrique
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22 July 2009
2009 is the year characterised by Arab' 'land grabs', where developing countries have been targeted by the kingdom as having the potential to feed the swelling food demands of Saudi Arabia
- Companies and Markets
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17 July 2009
Los inversionistas de Arabia Saudita y de China están cada vez más interesados en adquirir tierras agrícolas en Brasil.
- Radioagencia NP
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16 July 2009
A scramble by wealthy states to snap up developing world farmland to ensure their own food security -- especially in Africa -- could trigger conflict in poorer countries, World Food Programme deputy executive director Sheila Sisulu said on the sidelines of the Non-Aligned Movement summit in Egypt. "I fear... conflict," she said.
Rothschild has recently formed a co-operation agreement with Rabobank, a leading global food and agricultural bank. The agreement covers co-operation for mergers and acquisitions and the equity capital market across a number of sectors including farm inputs and equipment, farm-based commodities, primary food processing, food processing and beverages.
- The National
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15 July 2009
Almarai Company, Saudi Arabia's biggest listed dairy firm, is studying more acquisition opportunities in Egypt after spending $115 million last month to buy an Egyptian company and its farmland
Private Saudi firm Planet Food World (PFWC) will invest around $3 billion in agriculture in Turkey over the next five years to export food products to the Gulf region, the head of its Turkish unit said.
The Sudanese president Omer Hassan Al-Bashir told the African Union summit in Libya that Sudan is willing to put its resources at the disposal of the continent.
- Sudan Tribune
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02 July 2009