While some North African countries are selling land, others struggling with dry climates are starting to buy land tracts overseas and in other African nations to feed their own growing populations.
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.
The UAE has embarked on an overseas investment spree to ensure domestic food security in a country with miniscule arable area -- a spree that will only grow
Saudi Arabian investors are looking to expand their agricultural investments in the United States to secure long-term food supply because of water shortages in the desert kingdom, Saudi officials said on Thursday.
Egyptian private equity firm Citadel Capital is seeking to buy Kenya’s firms and long-term land leases as it seeks agro-based raw materials to feed its food business.
Interview with Wadid Erian of the Arab Centre for the Studies of Arid Zones and Dry Lands.
El-Nahda for Integrated Solutions signed an agreement with the White Nile Governorate for a 30-year lease on 60,000 feddans [25,210 ha] of land on which it will build a large-scale commercial rice farm.
Countries that have recently invited India, through the ministry of agriculture, to lease land for farming include Egypt, Ethiopia, Mongolia, Senegal, Sudan, Trinidad and Tobago and Tunisia.
The Kuwait-based firm aims to build on its base as the leading food company in the Middle East.
The fund is targeting individual investors and institutions as well as government-owned funds in the region, and will focus on the production of crops and livestock in Sudan and food processing in Egypt.
"We are launching the fund with the aim of deploying up to $1 billion for large-scale agricultural projects," Beltone told Reuters.
Minister says the contract did not give a deadline for the investor to complete his project, which means the government is powerless to withdraw the land from Saudi Prince Talal.
