Commercial farms’ domino effect on banks

The Development Bank of Ethiopia suspending loans for commercial farms because of the failure of numerous farms in Gambella, where the Bank was even tricked into giving two loans for a single agriculture project.

Sucked dry

Companies from countries across the world have acquired fertile Nile-irrigated land for growing food crops, non-food agricultural commodities such as alfalfa, flowers, tobacco, and biofuels, rearing livestock and logging trees.